Abad Marroquin
Water bill is 17% of operating Income
I am analyzing an 12 unit apartment where the owner pays water and noticed that the water bill represents 17% of the total operating income. I don't own any apartment, so I don't know if this is within the norm. I als...
Sanjay Christopher
Sellers not co-operating on closing date
Hi,I am a new investor trying to learn along the way. I bought a townhouse and my loan has been approved. With the initial offer to the place we agreed on having the closing date as 7/13but as of now 3 days left selle...
Mark Harry
llc operating as sole proprietorship or partnership ???
I am thinking of weather operating my llc that I am about to form as owned by just me or include my wife as partner. Which one would be more rewarding for tax purposes.
What I know so far is if I am the only member I...
Damon D.
Operating Expense Ratio - How to correctly calculate?
When calculating the operating expense ratio for a property, do you leave the vacancy & credit loss allowances as part of the income when you calculate the ER, or do you first back out the vacancy & credit los...
Jared Vidales
Calling all RV & Boat Storage Operators!
Maybe it's a good thing that I cannot find any real operators, or underwriting models for RV/Boat storage facilities. :)Who here actually owns and operates these facilities? We were underwriting the feasibility of sel...
Jason NA
LLC operating agreements for Real Estate use
I own a rental property. Lets say I decide to form and llc which i use to hold this rental property for obvious liability reasons.
My question is do i need to form the llc in ANY way differently for this use as oppo...
Sean Dezoysa
Finding sober living operators to rent to
I do not want to manage a sober living house, I would like to find a local operator to rent to for above market rent.Has anyone else done something similar? What is the best way to find operators who may be interested...
Dennis Walter
Central PA State College Rental Operating Costs
Is anyone that current owns a Single Family or Small Multi-family rental property in State College, PA willing to share with me a summary of their operating costs and the type of property and # of units? I am evaluat...
Artiom Bic
Trying to expand disposition operations, need advice!
Hi everyone,My name is Artiom. My team and I are wholesalers who focus on finding rent-ready properties under 100k (typically in popular section 8 regions). Our group has reached a point where our acquisition has beco...
Matt Liu
Using an Operating Agreement for Joint Ownership
I am buying a rental house with a friend. We are using an LLC. Does anyone have recommendations for what to put in the OP AG besides the standard stuff? What do we do if we disagree on things? Should we have in the...