What brand do you guys use when purchasing coin operated washers and dryers for your multifamilies? What price point should I be spending on these?Would you consider buying used machinery?How much do you charge per us...
Hi,How do I Calculate the annual operation expenses of a property to calculate the NOI?
Hello, I would like to ask the experts about the typical or average operating expense ratio of strip center? Thank you, Sammy A.
Hello everyone, We are growing faster than expected, which is nice but has to be approached carefully. We have insurances, payroll, marketing costs and loan payments (holding costs) to manage. We've hired a book keepe...
Hello,Can anyone recommend a good lawyer or law group that could draft an operating agreement for a multifamily RE joint investment between two partners in a 50/50-style split in the state of Wisconsin? Based on peopl...
Ok lets say my i pay100 in taxes100 in insurance80 in maintenanceProperty manager 120Hoa 100Anual vacancy: 1,200Anual : NOL 7,200Rent: gross rent 14,400So my operating expenses are 50%?NOL 7,200 ÷ 14,400(gross rent) =...
It is commonly stated that management companies run on a thin margin for profit and loss. I'm curious what the general budgets consist of that causes these thin margins. For those who run their own firms, I'm intrig...
I currently use Buildium, I find it's a good software for a Property Manager but not for an owner operator. Ive used QB in the past but not great to actually manage tenants or Viewing portfolio metrics like equity, de...
Would like to connect with anyone managing 10+ Airbnbs to learn more about how you're running your ops and tech.
I am partnering with 2 people on their first buy and hold property. I am a good bit more experienced in real estate, real estate investing, and construction than they are. I am partnering in an effort to 1) get their...