Justin Holley
What expenses to pay with a PM LLC
I am curious what expenses others pay through their property management LLC on behalf of their rental properties. I know that the property owning LLCs should continue to pay the mortgages, but what other if any expen...
Jason Appel
What Expenses do you pay for in Philadelphia
Hi All,When i run the numbers on properties in Philly, if its a SFH, i usually don't include Water, garbage, electric etc. becuase that can be billed back to client: at least i think.Can somebody please confirm what c...
Christine Luong
I'm leasing my commercial retail property
Hello BP Friends,
First timer here and I'm thinking of leasing my commercial property and approached a local agent / broker , she emailed me the contract and wanted exclusivity, what does it mean? What if a future ten...
Shaniqua Dupree
My grandmother just GAVE me her HOUSE!!!
Hello All,My 66yr old grandmother inherited a house from the man she took care of for 5 years. He passes and left her the home. She can not afford to care for the home so she gave it to me. She currently lives in the ...
Travis McGray
Learning how to analyze apartments
Hello everyone! I'm excited to ask this question because of the awesome feedback I get from y'all! I am looking to learn syndication fully and understand the methods behind it, but in order to get to that step, I need...
Eric Goodman
Property management for properties in a self-directed IRA
We've been using Vacasa for a property that is held through a self-directed IRA which stipulates we are not supposed to be doing the "property management".
We were considering using Evolve and I wondered if anyone ha...
Marcus S.
Help me learn: I rushed an occupied multifamily purchase
Hey everybody! I’m both super excited and second guessing an accepted offer I put on my very first property, a nice four family building with upside for increased rents and overall value. My contract didn’t include an...
Dallas Easter
What is the CoC % I should be shooting for when analyzing?
Trying to analyze lots of properties to know when I see a good deal. Lots of the properties I have looked at seem to have good cash flow but the CoC seems low. What CoC should I shoot for and is cash flow or CoC more ...
Dave M.
Using LLC to manage other properties
Hi All! I've been mostly a lurker here, but have posted a question or two in the past. I have what feels like a weird situation and I'm trying to figure out how to deal with it. Here's the setup....We have a rental c...
George G.
Income & Expense Verification
We are in the process of submitting an offer and doing our own due diligence. I wanted to do a quick survey to see how you guys verify income statements and expense reports provided by the broker. Currently we have re...