Michael Voronkov
Security deposit for a furnished month-to-month SFR
I looking to list my fully furnished, 3bd/2ba house for a month-to-month rental (1 month minimum), but not sure about the security deposit.One month's rent seems like a lot of money for someone who only wants to rent ...
Victoria S.
Appraisal came out 20k lower
We are under contract for a 4plex. The cash on cash comes out at 13%, taking into account vacancies, maintenance, HOA ect (I used very conservative numbers). The appraisal came back at 20k lower than the purchase pric...
Daniel Sob
Broker arrangements Raleigh/Durham
Hi All,I'm looking to start inverting in Raleigh/Durham area and had question regarding broker arrangements. I know these types of things tend to vary by market, so wanted to better understand how this typically works...
Lauren Stamey
FHA Approval Requirements
I was wondering in your experience, how does the FHA loan process work and what are the criteria for approval typically involved?
Brian Adams
4-Plex Lawncare Contract
I own a fourplex, and would like to sign a contract with one of the residents to manage the lawn care.
Instead of discounting his rent, I want it to be a separate arrangement, a separate contract for lawn car...
Neil Henderson
Investing with kids AND a full time job
I have one young child (3) and a full time job. I often see discussions around strategies of how to invest while holding down a full time job, but I don't often see discussions about when there are also kids in the mi...
Jason Malabute
Los Angeles multifamily market questions
Our group invests in the southeast and midwest market . We are looking to look into the Los Angeles market as the market goes to a downturn.
Questions:
1. What are the typical cap rates for A,B, C markets in LA to...
James Conaway
Financing a apartment deal?
I own multiple properties including a 4plex, I am very familiar with residential financing requirements. I am exploring the requirements for purchasing a apartment complex 25+ units. Can anyone outline the typical req...
Codi Clausen
How to find out what utilities are normal for residents to pay?
How does one typically find out what utilities are normal for a tenant to pay themselves and which a landlord pays and is reimbursed for through rent in each area one is looking in? Is there an easier way to find out ...
Amber C.
Age of multifamily apartment building
When you look at multifamily building, how to use “Built in ____” information?Is there any rule apply to this?- Building older than certain number value less?- Cap rate will be different when exit?