Dan Chipps
SFH into THREE 4 plex's. Not your typical investment!
Investment Info:
Single-family residence buy & hold investment in Puyallup.
Purchase price: $123,700
Cash invested: $37,000
This is a rambler that my parents bought, There was a fire in the kitch...
Dan Chipps
SFH into THREE 4 plex's. Not your typical investment!
Investment Info:
Single-family residence buy & hold investment in Puyallup.
Purchase price: $146,000
Cash invested: $37,000
Parents gave us kids money to go to college, I knew I was joining the...
Matthew Bass
Typical for property manager to get security deposit interest?
Hey everyone. My wife and I are new to the rental real estate business in NC. The contract we're signing with our property manager states that he will be responsible for putting security deposits from our tenants into...
Robert Armstrong
What is the typical business model for a MHP?
I'm looking into an MHP park that has a lot of potential but has been left to rot for some time now.
I'm a newbie to MHPs and wanted to see if someone could help me understand the most common business model?Does the...
Yu Zhao
What's the typical career path of a property management?
How does a property manager run his business? What system does he put in place to handle emergency phone calls on Christmas night? In addition to building a good relationship with handymen, electrians, etc, what else ...
Sergey A. Petrov
A multi family to condos? NOT your typical conversion
Here is an interesting one that I’ve toyed with over many years but never actually pursued. Any thoughts would be greatly appreciated.generally speaking, individual units get a higher sale price than multi family on a...
Kemi Okafor
When do potential renters typically fill out an application?
Hi! I'm new to BP and I'm a brand new soon to be landlord. I have my first rental property listed, and have a question about when potential renters typically complete an application.
Do they normally do this before o...
Jason Leu
Typical Loan Terms for an NNN Retail Condo purchase
I've been investing in residential properties for the last 10 years, but am just diving into commercial real estate now. To get my feet wet, I was looking at starting with a triple net retail condo.... most likely in...
Cooper Marcus
How do single-property LLCs typically allocate investor losses?
How do single-property LLCs (I'm most interested in multi-family, but I'm guessing this answer could apply to any property type) typically allocate tax losses to their partners/investors?For example, if a given proper...
Amber A.
Do investors typically carry flood insurance for rental property?
I own a rental property in San Antonio TX that is in a 500-year flood zone. However, that area has experienced quite a bit of flooding recently. Federal Funding for natural disasters doesn't cover rental properties. T...