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Hi everyone I am looking at making an offer on my first deal. I would like to have each tenant pay for their own utilities. I know some laws may require that certain things be set in place to have tenants pay for thei...
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I looked at a 10 unit today, 5 duplexes on the same property. While viewing the property I noticed there is a well. After receiving the P+L statement and financial analysis I've determined the property owner is giving...
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I’m still in the learning phase of real estate investing. What do you pay for property management and how many units? Should I manage my own properties just starting out? Thanks!
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Hi! I will try to provide some details in a succinct way:
- My husband's LLC owns a property with 15 rentals on it.
- My LLC manages them.
- My husband is selling the property.
- The buyer hired a different manage...
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Hello BP,I have a STR in Palm Springs, CA, and starting to interview management companies. What are some questions I should ask when interviewing them?Thank you,Barry
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Hey BP, just a quick question: What kind of expenses are needed to be paid in cash when purchasing a property? I know that there is the downpayment and closing costs (which include lender and third party fees). Are th...
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I recently purchased a duplex in MN and am wondering how billing for electricity (without separate meters) can be accomplished? I have all utilities in my name but would like to add a fee each month added to the rent ...
Hello fellow BP members!I am a part owner of a duplex in Olympia, Washington and we invest in the Tumwater, Lacey and Olympia areas. There is currently only one main water line and we are considering adding a 2nd mete...
What is the norm that you charge for late rent. Is it a one time fee or does it accumulate per day?
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Hello Everyone,I am in the process of buying a house in Miami, and I live in California. I am taking a loan of $280,000 but for some reason, the lender I am talking to is charging me about $6800 of lender fees in the ...