Just purchased my first SFR. The property came with appliances. Trying to determine if I should leave them in as part of the rental or remove and have the tenant provide their own. Property management company is sugge...
Hi BP landlords!
I am in the process of purchasing my first multi family unit. It is two 4-plexes. Each unit has full laundry hookup, but the seller did not provide the washer and dryer; that was the tenants' respons...
Hi BP Community,I just wanted to check in, and see what other landlords do with screening. Our property is a duplex, and one side requires $675/month or 3x income is $2,025 minimum income. A potential tenant recen...
Need some help determining the value of a two of cell leases on a building I am looking at.
One lease is with Sprint and the other is with MetroPCS. Both leases have termination clauses; The Sprint lease is...
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!
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...
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...
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...
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...
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...