Hi everyone, I'm new to commercial real estate and this forum so bear with me. I recently built a 11k sqft strip center of which I manage as well. One of my companies occupies half the building, I have 1 tenant, a...
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Hey BP!I am a full-time Realtor & Investor in Pensacola, FL and I recently started a property management company. I had been managing my 14 units and was tired of turning down request from my clients to manage th...
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I'm looking for advice, I wanted to understand who Multifamily investors solve this: I own a small portfolio of Single/ Multifamily properties (50+ units in total). All managed by professional property managers (using...
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I wanted your advice, I own a small portfolio of Single/ Multifamily properties (50+ units in total). All managed by professional property managers (using Appfolio and a different property management software with a d...
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Hey everyone, I am analyzing a deal right now for a 26 unit apartment complex. I know on larger properties (50+ units) it is common to have an onsite property manager and the fees are between 4-6% plus payroll costs f...
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I am a property management company based in Minnesota and simply wanted to learn what owners really want in a management company. We are simply trying to be the best that we can be and to do so try to take a step ba...
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Scenario: two people agree to a buy and hold partnership agreement on a multi family property. Both partners are going to put in the exact same amount of cash. However, one partner is hands on, lives in the area, and ...
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Purchase Price $856,000
Renovation Cost $550,000
Total $1,406,000
Q3, 2007 apprasial with quoted repairs $2,000,000
Expenses run 40%, plus vacancy (est. 10%).
Gross income is $330,000
Your thoughts?
Hi, I am looking for accounting software with some specific features. I don't know if it exists, but would love some feedback - do you know of a solution that does this? If not, how are you managing these issues?1) I ...
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Hey guys I currently have 30 units locally in South Bay, Los Angeles County, Long Beach etc. 1-2 bedroom units.I was wondering if anyone who has several rental units has converted to air BnB short term rentals. If so...