I'm new to the southeast CT and am looking to purchase multifamily properties in New London area. I'm trying to get a sense of (1) vacancy rates and (2) what I can expect as a tenant base. For example, I looked at th...
Has anyone ever donated land to a charitable organization before via 501(c)(3)? I recently bought a piece of property that is located behind my rental property for 8K with the idea of possible building a four plex on...
Recently a neighbor recorded a video of our roof shingles of our rental property blowing up and cleverly put it to music during a wind storm. We know we are due for a new roof and had it on the schedule for next yea...
What are you seeing in regards to K 1 losses in year 1 based on forced depreciation from Cost Segregation studies?Since 2017 , we’ve seen the following ranges 14-30 % for storage 40s to high 50s% for multi family with...
Hey BP! Our property management company has always charged a full month rent as security deposit as well as a pro-rated first months rent payment upon move in. I've been thinking why we would do this as opposed to jus...
Hi everyone,
So I understand the Cap Rate concept of annual NOI / value = Cap Rate. However, what I cannot seem to find is an exact description of what "value" I need to use. Should this be the ARV / Comp val...
How scary is it to have an adjustable rate? Could it shoot up to 15% interest like back in the past? I'm getting a 100% financed sba loan for an office building, and their rate is adjustable. There are hefty early pay...
I am a first-time home buyer. The property is a duplex and it will be my primary residence once tenants clear out. The current landlord is giving lease termination notice before I close I plan to rent the upstairs apa...
I'm having trouble figuring out how to do this in excel. I want to see what the rental rate would be for a NNN lease based on the CAP rate. I have multiple % from 9% to 5% and want to see what rental rate would bring ...
Hi BP, I own a duplex in PA and recently upgraded the hot water system from a single oil fueled system to a duel electric hot water heater system. The two hot water heaters have been installed and the second meter wi...