When you set funds aside for future expenses, do most folks lump the cash into one account or separate for each? If you have multiple properties, do you have accounts for each property?
Curious what others are currently doing for:Late Fees? How much and at what point in the month? 5th? 10th?Pet Rent? Do you charge and how much.Acceptable Vacancy Rate - we own a reasonable # of doors in the city of M...
Hello,
A fellow property owner let me know that he has decided to sell.
He has offered to owner finance it to me with a $50k down payment, 7% rate for 20 years. I'm looking to buy a property like this to be my reti...
Can anyone give me an idea what kind of vacancy rate I should plan for in a STR in Destin, FL?
Howdy BP,I've been evaluating some properties to try out as potential AirBNB property. I have a pretty good model worked out and returns are looking good. The thing that worries me is making (essentially) a complete g...
Hi i own a properties around Garfield heights / cleveland area. What is the average vacancy rate at a C class / C+ neighborhood? After turnover, it takes my property mgr 3-9 months to rent. Is that normal? For me a n...
Hello. I have a six-family in New Bedford, Ma. I think I read somewhere on BP using a property management company to fill a vacancy (for a fee equivalent to 1 month's rent). I've done well managing the property myse...
I'm a beginner to REI and I've been bitten by the mobile home bug. I've evaluated a ton of properties and even started getting an investor involved in one park so see if we can make a deal. I called on a park here in ...
Hi all,
When analyzing a deal quickly before going into the actual numbers, the 50% rule is a good starting point. My question is, how much of a vacancy factor is allocated in this 50%? 10%? More? How would y...
We have a duplex in the Cayce area that's been completely vacant for a couple months now. We handed the property over to a PM, and while she's had showings, virtually none of those are being converted to applications...