For this who handle their own property management, do you take calls 24/7 or do you have regular hours? Can all problems wait until normal business hours? Just trying to get a feel for how others handle emergency si...
Hello folks. I'm new to BP and I'm currently researching the purchase and rehab of my first multy-family property. I was discussing offsetting utility expenses with a friend tonight, and he suggested that I consider i...
I'm making an offer on a fourplex in the next couple of days. There is a room on the first floor that is currently part of one of the units, that would be perfect for coin operated laundry room. I was curious what oth...
For companies that were required to include operating leases on their financial statements, they show large increases in PP&E as well as long term debt. This inflates changes in net capital expenditures, changes i...
Hi everyone,
I'm in the nascent stages of establishing an LLC with my partners (4 in total), and am curious if your experience recommends we draft one ourselves or we rely on legal counsel to draft? I've seen some e...
My business partner and I are looking into starting an LLC and purchasing a investment properties in Jackson, MS. any advice or lessons learned from your experience as investors/ partnerships that you would like to sh...
What brand do you guys use when purchasing coin operated washers and dryers for your multifamilies? What price point should I be spending on these?Would you consider buying used machinery?How much do you charge per us...
Hi,How do I Calculate the annual operation expenses of a property to calculate the NOI?
Hello, I would like to ask the experts about the typical or average operating expense ratio of strip center? Thank you, Sammy A.
Hello everyone, We are growing faster than expected, which is nice but has to be approached carefully. We have insurances, payroll, marketing costs and loan payments (holding costs) to manage. We've hired a book keepe...