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My adult daughters rent our home...the one they grew up in. We moved to a tiny house on a farm, but they wanted to stay, so we've allowed them and their college pals to rent it for years. They are now all successful a...
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I'm looking to purchase an apartment complex that was previously offering all bills paid. The current owner is spending a high percentage of the expenses on utilities and my fear is that it could ger worse. The comp...
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Hey all, very excited to become a more active member on the community here, and excited to be making a first post.
My husband and I are starting our our real estate investing ventures with our sights set on Multi-...
I am aware 5units is commercials and 4 and below is residential. I am confused on how are comps determined (I'm looking to submit an offer)? If all units are leased would you just run the numbers as if it is commercia...
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Hi, in need of a second opinion on my idea. Ive been having trouble in my home (Bergen county NJ) regarding the heat. issues such as the radiators leaking, one tenant having control of boiler so he shuts it off when e...
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Guys, how does a mobile home park compare to an apartment building as an investment? I was wondering about the following:
1. ROI. I have seen Jim do an MH park valuation with a 12% cap rate whereas Jon H has done ...
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Hello BP,
So I have a park with 36 lots. 23 are park owned homes. 11 are tenant owned. 2 vacant lots. I’m going to be installing water sub meters so I can bill back the water to the tenants. Most likely soon.
Do yo...
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Hello. If the contract has a max of 2 people per bedroom, and home has 3 rooms, that means that there’s a maximum total of 6 people living in the home . Assuming there are 6 people in the lease agreement already (maxe...
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We are flipping a house in a ok neighborhood. The neighborhood is making a comeback. We are considering a cute front lawn, it already has a white picket fence. But there is a drought here. Would this turn people off, ...
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Hello all,I'm fairly new to BiggerPockets, but truly love all the information and resources I have gained as a result of reading other people post and comments. I'm empowered daily. I will be closing on my first inves...