Thomas O'Donnell
Need Some Advice for a Potential Tenant That Approached Me
I currently have my duplex listed on multiple sights and it has been for about a month now. I have had some leads but most of them were either section 8 or did not meet one or more of my minimum requirements. I recent...
Mark Wikkerink
Will tenants pay more rent for lower utilities?
Hi everyone,We are renovating a duplex, and so far we have gone with heat pumps and natural gas furnaces, so heating and cooling should be lower priced than usual.However, I have to decide on water heaters, and I can ...
Nicholas Bencivengo
Analyzing Multifamily (5+ Unit) Properties
Hi Everyone,
I'm a bit of a new investor, but I've always been a numbers junkie and enjoy practice with analyzing deals. I think I have the gist of it down for Single-Family & Small Multi-Family, but I'm looking ...
Tyler Piciullo
Section 8 Question On Rents. (Section 8 Experts NEEDED)
Hi. Let's say that for a zipcode the local Section 8 HUD Payment Schedule is $2500 after utility deductions call it $2300. Now let's say the going rent in that zipcode is $2,900 for a non-section 8 program tenant.Ques...
Samuel Hailai
Can you check my calculation , how to take deductible for mortage
Hi All, I am buying a property to use it as house hack ( using one room and renting the others), the property is 360K worth, I want to calculate how much tax deductible I can get, whether that deductible offset, the 7...
Tom Casey
How to calculate income from Section 8 vouchers in Chicagoland
Hello BP fam!!Hope everyone is having an excellent day/week/month/year!Today I want to talk about how to calculate how much monthly income you'll get if you rent to section 8 tenants with vouchers. So many rental mark...
Joseph B.
Buying a Section8 property
Considering buying a Section 8 - multi-family property, mostly 1b/1b and some studios. Im looking for information on how can I best predict the monthly rent for the section 8 units. Thank you
Aaron C.
Attracting Tenants for older apartment building
Hi everyone I had an idea on attracting tenants to my older style apartment building, which doesn't offer any amenities. I'm sure that someone else is doing it already or has in the past.I'm thinking about offering my...
Gulliver R.
How to valuate a mobile home park
How do I price out a mobile home park? I know that NOI/Cap rate= property price, but I don't know what cap rate to use. Do I use a 10 cap, do I use an 8 cap, do I use a 13 cap? I appreciate the help! Thank you.
Jennifer T.
Anyone doing Sec 8 rental in Indianapolis?
I'm analyzing some deals and getting very different numbers from different people for Sec 8. I was told that Indy just increased the payment standards for Sec 8 this year. However what they will pay for a specific pro...