Evelyn Tilman
Renting to sublease by the room
Hello everyone,I'm trying to rent out a property and sublease it by the room so I can cashflow. I understand this could feel extremely risky from the landlords perspective. Here's the breakdown.$915/no 3 bed homeSuble...
Bo Taylor
What are common operating expense for SFH deals?
Going through underwriting on a couple duplex deals I’m looking at. I’m wondering what are the most common operating expense line items that should be included in every deal? Feel like I’m forgetting some.
Kalp Mehta
CapEx Vs Maintenance Reserve
HelloDifference between capex and maintenance reserve? Should I have both in my analysis?
Sean Kindelin
Multiple Properties vs One Large Property
Hello all,
This is my first post so I apologized if it is in the wrong place.
I am looking at two different deals, both are for multiple duplexes. One is an entire complex made of 11 duplexes and 1 5-plex all on one...
Anastasiia Greca
Duplex
Hey everyone!I noticed strange thing on my market. I see some duplexes that people selling with a price by the unit! Not the whole duplex, but instead they sell Unit 1 - 110k and Unit 2 - 130k etc.Is it legal to sell...
David Rivera
Help and Ideas needed for Financing
Good Afternoon BP,So this is my dilemma......I am looking to finance a deal that has come my way and I was looking to see if there was anyone out there that could help or give advice. Here are the numbers>Purchase ...
David Rivera
Help and Ideas needed for Financing
Good Afternoon BP,So this is my dilemma......I am looking to finance a deal that has come my way and I was looking to see if there was anyone out there that could help or give advice. Here are the numbers>Purchase ...
Mike Campbell
What your offer be using these numbers
What would your offer be, rough estimate?What would your P%I be ?21 units total gross yearlyincome 201,6005% VacancyExpenses PM 10% of gross ?Taxes 32k yearInsurance 16k yearmaintenance 10 % of gross ?Common area util...
Philip Mullinax
Inheriting a tenants lease
Hey guys, I'm in the process of purchasing a fully leased quadraplex. My question is although I know I have to honor the existing leases, do I need to write new leases with the same terms instructing tenants of the c...
Mel Sims
What determines HOA Fees for condos
I’m from a city that has very little to no condos. I was looking at a few condos in Atlanta, and noticed that some I was looking at, their HOA fees were way more than others. What determines the price of an HOA fee fo...