Jazmine S.
What are the most typical calls to receive from tenants?
I did not have enough space in the subject line, but I wanted to further specify that I am referring to calls that require an immediate response.Ie: Locked out of the house, in-home flooding due to a sewage/plumbing i...
Owen Thornton
Do property managers take gross rental or net
I was wondering how property managers take their cut, do they use the net income for the property, or they used the gross income.If A property makes $100,000 a year without deductions, do they take 10% of that, or do ...
Aaron Howell
Offer on a multifamily that doesn't cashflow currently
I'm looking at a 8 unit at a $270,000 price. Income is about $33,000 per year, expenses are about $30,000. Market rents are $250-300/month under market for the area so basically the owner shows a small loss on their...
Nandy B.
Help me analyzer a small apartment Owner Financing Deal
A small apartment for sale in the most desirable area of town. Sales Price 750000.00. New apartments are being built in the area going for $250,000+ for 1b townhouses (bigger). The numbers do not make sense at all as ...
Peyton LaBarbera
How to calculate NOI?
My question is... When do I take out the average 5% vacancy fee and the average 10% maintenance fee? Are both taken out of the gross rental income before all of the other operating expenses or after you deduct the ope...
Alex Di Savino
Too good to be true?
Hey BP,I have been lurking the forums for a while and testing my hand at evaluating properties. This specific property recently caught my eye as a too good to be true kind of offer. Just uttering those words should si...
Michael Hartman
Calling NE Philly Landlords
I am seriously considering renting out my rowhome in the lower Mayfair/Tacony area and need some help. What kind of vacancy should I expect? Anyone have any good recommendations for property management? The property i...
Jim Mcmillen
Monthly salary requirements
What is the general rule on the minimum salary someone should make in order to qualify for a rental? For instance my sfh rent would be $800 per month. Thank you.
Joseph P.
104 unit deal walkthrough
Ok so let me start of by saying that I'm know to investing and I have never posted on BP before so here is to getting started. Lately I have been learning about Multifamily investing and trying to read up and run num...
John Frezza
Multi family financing
I'm currently looking for a multi family property that would serve as my primary residence. I can find a property but the hard part is getting into it. I have been a real estate agent for under a year and banks will t...