Jacob Decter
***Operating / Expense Ratios for Duplex / Triplex***
I'm conducting an analysis of a few Duplex and Triplex units in my area but have not seen enough deals to get a sense for average operating expense ratios for these types of properties. Assuming a management company, ...
Shawn Ackerman
What do you think about this Sub2 deal?
Hello Bp'ers I recently met with a seller and she has 5 duplexes that she wants to let go of as she is ready for retirement. Here are the numbers. Let me know if the deal makes sense for Sub2. Keep in mind that I ...
VAL A.
Is lease clause legal? Tenant questioning it.
I own homes in another state. I've leased them out for a number of years and always had the lessee responsible for full maintenance of the property as if they were the homeowner. The exception to that is I've paid...
Matt Herbert
Capex, Opex, NOI and more
I'm trying to understand how capex reserves factor into NOI, Cap Rate, Debt Service Ratio, and other metrics. Lets assume the following yearly numbers for a Single Family Residence (these numbers are made up, try not ...
Josh Corby
Newbie question regarding rental income
Do you deduct the amount of mortgage principle you paid from your rental income? For example, if you make $15,000 GROSS rental income, but you paid $5,000 of the mortgage principle for the year, is your net income $15...
Account Closed
Evaluating cap x on a multifamily deal
Hi fellow members,I hope everyone is healthy, and doing well. I was wondering if anyone can help me understand at which point I should factor in the Capital Expenditures when evaluating a multifamily deal? I am unders...
London F.
Question on Partnership
Hey everyone! I'm so excited to FINALLY be doing my first deal! We close on a fixer upper next Friday. A friend and I are partnering on a house where she will pay for the house cash, I will pay for repairs and w...
Jake Mercer
Do's & Don'ts! Rental Arbitrage as a strategy to get started in RE with today's rates
The Do's and Don'ts of Rental Arbitrage and why I think it is one of the best strategies RIGHT NOW for those getting into real estate for the first time, especially with today's rates and market. I used Rental Arbitra...
David Lawrence
Duplex Purchase
Hi,I'm fairly new to this and have decided to buy my 2nd rental property a Duplex for $70k in upstate SC.I am paying cash that i made on a prior flip, income is around $1150 per month, the property needs about $10-12k...
Tom Nguyen
Contractor or Handyman that do Pre walkthrough Rental Inspection
Hello BP I am looking for a recommendation for any contractor or Handyman or Property management that specializes in pre walkthrough property to prepare for rental inspection in Brooklyn Center and made any repair nec...