Michael Ketchen
Capped all utilities included
Hi Guys,Curious if anyone has ever done the following. We recently purchased our first large multi in Manchester NH (13 units). And given the existing structure had to rent it as all utilities included. The good news ...
Shirley Giraldo
easiest/cheapest city to work with for out of state
Hi folks, I currently have a multifamily in upstate New York. I've found the city and utility companies to be really outdated in their notification and payment systems. For example I got a fine for unmowed grass and b...
M Shah
Rent by room in Greater Seattle area
Look forward to connecting with investors/property managers who rent by room. We can all share the pros and cons, learnings, laws around rent by room in Seattle/Redmond/Kirkland/Bellevue. I have been exploring rent by...
Brad Chatman
Can I get a second opinion on this rental property analysis?
Hi All,I'm working with a house flipper/property manager and considering buying some of his properties. in his pro forma he shows this property at a 20.87% cash on cash return based on his assumptions; however, when ...
Adam Allard
Is there such a thing as being over conservative when analyzing?
I had my eyes on a small 6 unit apartment complex that I originally thought was a great deal, but the more I analyzed it over and over again, the smaller the margins came out every time. I'm wondering how far off thes...
Michelle Elsaid
Analyze Low Income Duplex in Winter Garden FL
I am looking at this 14818 Astrolyn Street, Winter Garden, FL duplex. Currently Rented for $650/ea side. $1300 Revenue. Listed for $99K. Beats 1% rule (good for florida)Now, value of the house aside (I think it is wor...
Stephen Spearman
Newbie Landlord Question tenant security deposit who breaks lease
Good Afternoon,Seeking advise on how to handle a tenant who was supposed to move in tomorrow and has already paid the security deposit, but is now asking to break the lease. My wife and I are house hacking with a prop...
Jackson Madonna
Short-Term Rental Expenses & Management
I wanted to know the differences or extra costs involved in converting a multifamily building into a STR. I was wondering why the STR numbers on the property I am currently looking at are so much better than the LTR n...
Matt Bailey
3 times income to rent for section 8/vouchers?
I've read you should require 3 times the income for your rental price.Do you apply this to section 8/HCV?Or do you submit each application and see what the government will pay you and go from there?If their voucher co...
Rashad Jones Jennings
What do you all think about this Multi Family Quadraplex deal?
Im looking at getting a quadraplex under contract and wanted some feedback on my analysis. Do you think its a good deal? They countered my first offer with $292,000 with no closing cost. I am gong to counter with $280...