Pat Jackson
Including vs. splitting utilities in small multifamiles
Up until yesterday I've always thought it was ideal to split as many utilities as possible, always. My thought was this, if a faucet is dripping (or worse) I want them to think "I'm paying for that water" and either ...
Account Closed
Constructing Apartment Complex - What Features to Include?
Hey BP Community,Looking for someone who has experience planning apartment complexes from scratch: specifically how to know what size each unit should be, whether to include washer/dryer hook-ups in the unit vice a co...
Eddie Werner
Do you include Lease Fee Property Analysis?
It seems in many property analysis posts BPers use 10% as an estimate for monthly PM costs.
What about the leasing fee (which in my area is the first months rent)? The 10% PM rate would underestimate this ex...
Account Closed
Do you include comps purchased by LLC's?
I was narrowing down comps on a house and noticed that 2 comps were extremely high and if used would push my comps up by 70k. Using comps purchased by "jane doe" the house comes to be around 188,000. If I include the ...
Ramon Luna
What exactly is included in contractors' estimates
Hi all. Im curious to know, when your contractors' give you a 10k estimate (for example) to rehab the kitchen in your house, what exactly does that include? How does he/she know the materials you want in the kitchen. ...
Tim Shaw
Include RE equity When balancing a portfolio?
Hi all,
I self-manage a “balanced” retirement trust portfolio for my wife and myself. The balanced portfolio is nothing too sexy, it just requires periodic rebalancing to keep investments in pre-planned proportions. ...
Ronald G.
Subject to - insurance, taxes included in mortgage
If I do a subject-to for deed at closing, and insurance and taxes are included in the mortgage payment, does the owner cancel the insurance policy? And would this not affect the monthly payment?
I doubt the bank will...
Dave M.
What to Include in Binder for Lender?
Hi all - I've heard that it's a good idea to create a "binder" of basic documentation (both personal and related to a property) when approaching lenders about purchasing an existing rental property. I would be p...
Eric H.
1099 MISC - What is included in Rent
I just bought my first rental in 2018 and was just issued my first 1099 MISC. The number in the rent box that was issued by my property management company is more than double what I have in my records as received ren...
Rob Bergeron
Louisville Zoo expansion includes getting another train
https://www.wlky.com/article/louisville-zoo-expansion-trains...Tourism is the second largest commodity in Kentucky. Bourbon Industry is set to outpace Napa Valley! We are blowing up!