When developing a pro forma for a storage facility, what percentage of gross income should be estimated as operating expenses? I've see a feasibility study by an economist recently that mentioned using 45% of gross in...
The term "cash-on-cash return" doesn't seem consistently defined. I'm curious if people are typically using operating (no capex reserves) or free (with capex reserves) cash-on-cash returns when evaluating deals as it ...
I'm trying to setup some defaults and am stumped here. I've been estimating Taxes as a % of After Repair Value. How do I estimate Taxes by % of gross income? I like the default for initial analysis.
I have LLC with 1/3 ownership between partners. I think we’ve asked if we can bypass credit being pulled on all partners. HML said an alternative is to change operating agreement to show >80% equity by primary borr...
Im starting out a platform that would buy and renovate single family homes at a volume 10+ at a time.Im looking to outsource almost all the tasks (bookkeeping, property management, renovation project management) and w...
What is your net operating expense ratio? and how much of the operating cost is paid out to cleaner? So I have this number for example. Revenue $90,000 ($75,000 from nightly fees, $15,000 from cleaning fees)Operating ...
Two partners and I are doing our first investment together and we want to do so under an LLC. We are trying to decide on how to structure the operating agreement which allow for flexibility for us to use combined fun...
Hi all. I'm a former finance professional based in New York. My wife and I operate a short term rental property management business (TrustBNB) with 20+ properties in Philadelphia and New Jersey. We've doubled every ye...
Is it best to ait down with a real estate attorney for filing your LLC to make sure everything is done properly or is just fine to file online? Also, how long is the process of establishing the operating agreement
I am a new real estate investor and I am closing on my first duplex in Milwaukee, WI this month. I took out a conventional mortgage (30yr/3.125%) and the property is will be held in my own name. I am trying to incorp...