Jonathan Giglio
Operating Expenses - Vacancy Included?
I'm putting the finishing touches on my excel spreadsheet and am hoping someone can help. I've searched a lot of places and can't find the answer to whether vacancy is considered an operating expense? Thank you!
Slade S.
Include mortgage in NOI?
I'm crunching numbers on my first potential deal. I've read that a mortgage payment shouldn't be included in calculating the NOI. Is this true? And if so, why is it not considered an operating cost?Here is my deal, an...
Aharon Najafi
Do you include turnover?
Of course everyone considers turnover as part of their estimate when analyzing a property but how do you do it?For me, I started with 3 months of mortgage and reduced the forecasted net revenue by that much. I later f...
Steven LaBoy
Inventory included with property
I have a seller that wants to sell his property, 3.3 acres which includes a house with two units, and three structures/barns/garages converted into businesses. He rents out two and converted one into a hardware supply...
Andrew Jones
Water Damage (Pictures included)
In my personal residence that I own my roommate's bathroom sink on the second floor had a leak that was never attended to (not sure how long it has been because I never go in their and I gave him a months notice to le...
Tiffany Tan
Internet included in lease?
Hello landlords,
I reside in an owner-occupied duplex and am considering including internet as one of the amenities. What should I include in the lease if I decide to do so (things like not being liable for any illeg...
Chad Tessmann
SFR includes a Boat!!!
So I've come across a potential deal that sits on a river. Assuming I can get the deal at a good price where cash flow makes sense... how would throwing a small boat in to the deal improve or reduce my marketing? Th...
Kim Handelman
Loans that include rehab
Hey Everyone,I've found a great REO in my market but I'm low on cash for renovations. I've heard the FHA 203k loans are good for this but I'm not going to live in the building. Anyone know a type of loan I can get whe...
Christopher DeAraujo
heat included in rent?
Hello BP!
I'm in the process of closing on a 4-unit with one heating system for all four, controlled by two thermostats. My first thought was ditching the unit and adding 4 mini splits with heat/cool. Anyone have t...
Joseph Catalano
Thoughts on Utilities Included
I know what most of the advice will be but I am just curious. I am currently looking at two small apartment buildings, 6 units each, both include all utilities. The concept of including all utilities scares me becau...