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How do I make this work? 4-unit apartment complex$1.8 million purchase price$9,000 combined monthly rent (very close to market rate, minimal value-add through rent increases)$40,000 operating expenses (taxes, insuranc...
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Does anyone have experience with owning/managing sober living houses? I’m looking at a portfolio of three homes, buying both the buildings and the business. Quick analysis yields a 16% cap rate, just wondering if anyo...
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I'm in the process of getting a HELOC to use towards purchasing a rental. I plan on buying the rental with the money from the HELOC, then probably doing a BRRRR on it. Should I be concerned about doing the refinance...
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Hello,I'm currently selling a property in san diego california that has a 48k PACE loan on it built into the tax bill for solar panels that were put on by a previous owner. I'm now having trouble selling the property ...
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Wouldn't it be sweet to sell the naming rights to your apartment for a pile of money?I'm going to try to pull off this stunt in 2015. Stay tuned.Does anyone know of a building owner who has sold their naming rights? I...
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Hi BP! I posted a rental on Zillow, Craigslist, and FB 25 days ago. I gave over 10 showings and got many more messages from Zillow expressing interest who never responded to my replies. However, no one wanted to proce...
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Hello everybody
I need advice on Short Sale.
I’m looking to buy a 4-plex in LA, California and I’m new real estate agent.
This is a little description about the property. This property is 4-plex.1 unit is vacant ...
Dealing only with the Listing Agent in hopes of getting a better deal?
Not a good strategy, because if the listing agent is getting the whole 6%, they'll actually work harder to make you pay the ...
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I would like to get everyone's opinion on a matter. I have a couple renting from me that are constantly paying late. Now I have a late fee policy in place and I enforce it (rent due on the 1st,$50 on the 6th, $10 per ...
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We recently experienced a catastrophic flood at our 6-plex in Dallas, TX. We're looking for an attorney to navigate the claim process and be sure we're covered. Why?We had another flood at the property about 6 months ...