Cale Delaney
Increasing your NOI with Creative Strategies
Hi Everyone, I wanted to share some creative strategies that have allowed me to increase the NOI on our first multi-family property by an amazing 105% in only 5 months of ownership using some creative strategies I lea...
Phillip Lewis
Moving out of a House Hack
I'm looking at potential duplex house hack deals and they make sense from a buy perspective as they will be cheaper than renting and really decrease expenses when a tenant is in place. My issue is trying to evaluate i...
Deborah Frantz
Tax question on a rental property that was bought through a housing program.
The program required half of the profits from the sale be paid back into the program. A check was wired to the county at closing by the settlement company. Do I add this payment to the closing costs? The 1099-S I was ...
Will Barnard
Real Estate commissions based on sales price
I ahve recently had several debates with several agents and others regarding how much agents should be paid for contracted price.
The scenarios that come up with me are this: If you list a property for $300k and an o...
Mirzet Mehovic
commercial commision rates?
Hi, I'm going to be renting my first commercial property soon. A broker told me its 7% commission in perpetuity. Never rented before so sorry for my lack of knowledge. I have heard that for residential that the commis...
Jordan R.
Should heat billl be a deal breaker?
Looking at a triplex and the only issue is the current heating bill (Electric Boiler and electric secondary). There are two one-bedroom and one two-bedroom. The current owner pays for heat. This property cashflows in...
Surya Kumar
Help with undestanding of Closing costs
I am going to close my first ever purchase (105k with 20% down payment). Just got a loan estimate from my lender. I have to accept it is more than what I estimated.I actually estimated at 4-5%.I would like to understa...
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Average Cost of Outsourcing Property Management
I was recently speaking to someone who owned a vacation condo in Hawaii and was quite shocked to hear that his property management company charges him 50% of his rental income. He was however very happy with the arran...
Prithvi Sri
How much value add is from raw land to land with approved plans?
There is a property of 8 acres costing around 3.5M (approx 10$ or less per sqft for the raw land). I am pitched by the developer that if we can get the approvals for 180k sft area warehouse on the plot (the land cost ...
Matthew Heffernan
Rental property sale with delayed improvements
I've been searching for a while here on BP but have not found a thread related to my situation:I've been renovating and renting a property for just over 2 years and may be in a position to sell/close in the next 30-60...