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Newbie here. A 7 unit apartment building that is about 125 years old, brick, Windows AC, rooms partially renovated, fully occupied.The seller claims a NOI of 63k, which is based on 6% management fee, $2000 repair and ...
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Can anyone tell me what qualifies as a legal bedroom in WA state?
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Hi All,Under the current tax laws is interior painting considered maintenance vs repairs?What about roof maintenance (replacing a few shingles)?I would like to have document references to support classifying these two...
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I just closed a property with a tenant in it. The tenant send us a list of maintenance issues that they want to get repaired. I'm not sure how good or bad this tenant will be. As a new landlord I need your advise, do ...
What's up guys! I am currently scaling a new business around property management but for homeowners in their own home. Do I need any special contract in order to find, hire, and pay a contractor that does maintenance ...
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We recently purchased a three-unit rental property. We want to do some renovation work immediately, and plan to conduct more extensive renovations on the property over the coming years. Currently, the water heater an...
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Hello! I need help structuring a deal to prospective investors because like most just starting out, I need help funding it. What would be a good deal for an investor that gets me what I want as well? Here are the ba...
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I saw this Mobile Homes park for sale for $300k ,a 68 units 2bd 1ba with a cap rate of 15% without the land.
Is it a good deal..??
Advice please
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If a property is assessed for much lower than it sells for, the assessor can raise the assessment to the sale price. This would make the property tax expense too high to cover other expenses (mortgage, insurance, mai...
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Hi, all
I searched but only found threads in the other states/cities/markets, and the answers to my questions appear to really vary a lot from state to state.
I would like to specifically know in DFW what the owners...