Jeffrey Myers
Please Help!!! What do I charge?????
I recently purchased a rental property. It is a four unit apartment building. There are only two electric meters, one of which covers three units and the other covers a single unit. There are three gas meters. One...
Greg Baker
Help me define a few costs within the 50% rule & other newbie questions!
Hi everyone, looking to begin in the buying and holding world in either single family units or duplexes. I'm about 48 podcasts deep, here are a few questions I'm hoping someone can clarify for me. If location matter...
Jesse Chunn
Property Management Percentage
This has probably been asked many times before, but I was not able to find it, so...When analyzing a larger multi-family (50+ units), what percentage should be plugged in for a third party property management firm, as...
Tony Sepassi
The next 6 to 12 months??
Hi Guys,I have done 4 flips the last 3 years the last one was bad. The contractor was a sob to say the least but lesson learned. I been thinking if I should buy another flip or are people waiting for the next 6 mont...
August Kleinschmidt
Using a heloc for a downpayment
Good morning BP, my name is August. I've been a long time reader and lurker of the forums but have never created a forum question. I'll give a little backstory before I get to my question. My wife and I have been int...
Noah Bacon
What is the Biggest Challenge When Analyzing a Deal?
Are you having trouble analyzing deals?Check out @Dave Meyer's Youtube video Calculating Numbers on a Rental Property (In 20 Mins or Less!) where you’ll learn how to analyze a rental property in MINUTES. Even if you h...
Jim Rivell
How do you handle property utilities?
BP, I just purchased and rented out my first (2) student rental properties. The first group of tenants moved in on June 1, and the others on August 1. For the first group, we put together a Move-In form with detailed ...
Mark Neiger
How investors are paid
I'm still a little fuzzy on the details of how an investor might be paid. I hear lots of talk on here and in the podcasts about getting investors X% return on their money but what does that really mean? Is it the perc...
Michael Lettieri
How to calculate NOI
I'm interested in a house on the market for $1,500,000 with the following monthly numbers;
rental income of $9,000
property Taxes $1588
Insurance $400
How do I estimate the other expenses such as utility bills (s...
Kerry M.
Is a FHA loan hands-down the best?
My choices are: a commercial 5/20 loan of 87,500 from a good, local bank with much experience who is lending 70% (assuming an appraisal value of $125k.)
Or, I was told last week that if we took it out of the LLC b...