Ric Ernst
Are tenants or landlords paying sewer bills?
One of my Indianapolis properties is in the Ben Davis Conservancy district which assesses a separate bill for sewage. This is a small unique part of Indy that charges a separate sewage bill unlike the rest of the city...
Pandu Chimata
Flip tax filing question - this year or next year ?
We bought a property for flip last year and we have completed all the work last year but the house is still on sale. All construction expenses are incurred last year only but the house is still on sale. Should I be fi...
Bienes Raices
Big problem with HUD house
My offer was accepted on a HUD house, and (as an investor), I made my $500 non-refundable deposit.
I've now been notified that if I want utilities on I have to pay a $130 dewinterization fee and buy a general liabili...
Rob Krach
Negative Cash Flow, would you?
So my current situation is:$480 a month for rent plus $60 in utilitiesI just analyzed a deal and am curious if this makes sense or if I am missing something:Here is the deal and the numbers:Offer would be $185,000, FH...
Michael Burke
Shared Laundry in Duplex
Hello BP,I recently closed on my first buy and hold rental! It's an over/under duplex with a shared basement and is fully occupied.I have very quickly come across my first "issue" with the property. The shared basemen...
Omayra C.
Efficiency Apartments
Hi I had a very old guy contact me, he owns 18 units and they are free and clear but my problem with it is they are all Efficiencies, they are only 70% occupied with long term tenants because the rents are very low an...
Victor Lebegue
Minneapolis, St. Paul, MN Utilities
Hello everyone,I looked at a 2700 sq. ft. property today and I need some advice on utilities. I'm trying to break down expenses to get an idea of cash flow every month. Currently the building is vacant. It has 8 units...
Account Closed
Owner financing with bridge loan as down payment
Exit strategy for 2-3 year bridge loan as down payment? The numbers below reflect my best estimate WITHOUT bridge loan paydown. Has anyone used a similar method, or can advise if this deal might be worth the risk?I'...
Kevin Crawford
Vallejo Richmond San Leandro Sacramento current rents
Of the cities I can afford to get a rental near me I've compiled a list of rents to use as references in my quick property analysis. These are for a unit with washer/dryer accessibility and tenant paying utilities. ...
Mia Kurbalija
How to move manufactured mobile home?
Hi, I wanted to reach out and see if someone can give me an advise on moving a manufactured double wide mobile home. We have a mobile home in Texas City that needs to be moved 500 yards and we are now stuck on how and...