¿whats a good number for Gross Rent Multiplier?Example: 100,000House ÷ $12,000GrossRent = 8.3GRMIs 8.3 good or it should be 1 or 2 ?
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We have just been notified that our property management company is cancelling our contracts (I believe because we are putting the houses on the market). I am wondering what is the best / cost effective site to use fo...
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Just trying to underatand deal analysis of a rent ready property. If I can get a property under contract for, say, 40% of its assessed value, can I get a conventional mortgage for more than the purchase price so I can...
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One of my tenants overpaid their rent (by 14%, not just a few bucks). I know why (they mistakenly thought they had to pay for something that I had agreed to cover). It's their money, I'm giving it back...my question...
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Best ways to collect rent from tenants. Looking at acquiring several apartments and will need a way to collect vs requiring everyone to have certified funds or checks.
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Is there a fast & easy way to guestimate what the monthly/yearly lease rate would be on commercial space? Something Like www.Rentometer.com/ but for commercial spaces would be a great bonus! If there isn't one, bu...
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I currently have a 65,800 sq. ft. warehouse with four tenants. One of my tenants has asked if they could put a storage unit outside behind their space since they are out of space. Would it be unreasonable to charge th...
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I currently have a 65,800 sq. ft. warehouse with four tenants. One of my tenants has asked if they could put a storage unit outside behind their space since they are out of space. Would it be unreasonable to charge th...
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Looking at some properties in a community that does not allow rental during the first year.
That basically makes it a buy/flip. I prefer to buy and hold to rent.
Any creative ideas on any way to avoid the property ...
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I've had the same tenant in my small 1 bedroom, 1 bath townhome for aout 6 years now. She's never gave me any problems. I've only rasied the rent once since she has been there from $525.00 to $565.00. I just found ...