David Nacco
Rental Fees / Aditional Income
What are some additional fees you guys can think of to increase income as well as additional income for rentals? Examples of fees: pet fees, application fees, late payment fees, etc. Examples of additional creative in...
Ruben VanDusen
Large Multifamily; Where to invest?
Hello REI community,
I have questions in the topic of large multifamily apartment complexes generally around the U.S. - What markets are good markets for investing/buying large multifamiliy apartment complexes? - Wha...
Lafi S.
Equator only for RE Agents?
Has anyone started a Short Sale using equator recently? I have a file that is in review and BofA is now asking me to upload the file into their new system equator. The only problem is that you have to be an RE agent t...
Timothy W.
Obama Seeks control over ALL Executive pay
Folks,
This is not socialism anymore. This is communist totalitarianism. And he's trying to pull it off while distracting you with fake rage at AIG bonuses that his administration wrote into the outrageous stimulus ...
Solongo Otgon
Scranton/WilkesBarre areas in Pennsylvania - lot of questions...
Hi everyone -I am looking for more info about Northeast Pa areas. I have been scouring the forums on these areas and wanted to ask the following question to get an idea for these areas:1. Scranton/Wilkes Barre - worki...
Michael Ross
Commercial Property Environmental Audit
Hi,Back in 2013 I purchased a small commercial property without getting an environmental audit. It was a foreclosure and rushed deal. I’ve since heard about some environmental issues on an abutting property. I now ...
Mirza Baig
Costs Associated w/ Fix n' Flip
What are the costs one should take into account before making an offer (closings, rehab, loan, holding)? For example:
Rehab/Repair CostTitle FeesLoan InterestPointsDoc FeesTaxesHolding BillsInsuranceCommissions
...
Danny Sok
Claiming every income from the rooms I rent?
Hi guys, I just moved in my 2nd new multi-family home as owner-occupy, the question is I’m renting out my 2nd floor out for $2100 and I live on the first floor and I rent out each room for $650/month. I was doing taxe...
Chad King
First large buy and hold (7 unit)
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $430,000
Cash invested: $120,000
This is a 7 unit multi use commercial building. 3 store fronts with 4 apartm...
Anthony Leon
Accounting for CapEx, Repairs & Maintenance, and Vacancy
Hello All,I'm getting to know the Las Cruces markets better and analyzing mostly SFHs. I'm wondering what percentage of the gross monthly income investors are accounting for regarding cap ex, repairs and maintenance, ...