Hi all, I have a question that I'd love to get some experienced investors to weigh in on. I am curious if there is a generally recognized percentage to expect for expenses when it comes to multi-family apartment build...
I am looking at a bank owned multifamily, 200 units in FL. There is no T12, just a rent roll. Does anyone have a method to analyze this and create pro-forma without T12 expenses? Does anyone have standard pro-forma ex...
Some buyers are making deals work in today’s market because they are buying properties not reflecting the NOI accurately. If you buy C vintage properties, be careful if operating expenses are less than 45% NOI. Realis...
What historical data do you keep, how long do you keep it and how do you use it?
I'm not asking what you keep for compliance with taxing or other government entities.
For example, do you keep details on...
Hi Everyone,I understand that the 50% rule is basically, in MF, is the general rule for expenses which includes vacancy, management, trash, etc. But is it taken from the actually income or potential income or potenti...
What kind of paperwork does your lender request in order to verify the income and expenses of a commercial residential property? Leases? Utility bills? Tax returns of the seller?
Hi,I used to think an average ratio of gross expenses to gross income for multifamily rental property should be at least 50%. It is about OH properties which are 40-50 years old. But what's interesting, financial stat...
What's up BP community I had a question for anyone that has investments in the area of Akron Oh. I recently started looking back to this city as a place to start investing after reading the most current market analysi...
I feel pretty stupid asking this but what exactly is cash flow?
Patrick
Hi all, I am getting close to putting in an offer on my first investment deal. Was hoping for some outside opinions of what I am getting into.
The property in question is a duplex, 2/2 and 3/2, ~1350 sq ft each. Rent...