Matthew Allen
Reintroduction and Contract Questions for San Antonio Investors
I should probably post on the new member board, but have some questions so I'll reintroduce myself here. Only a few days after my first new member post, my wife and I received a long-awaited email saying we could go p...
Account Closed
How does everyone calculate ARV???
Hi Everyone -I've been calculating ARV for quite some time and wanted to get the community's perspective on it. Specifically:If you don't find true comps (similar house with similar beds, bath, SF etc. etc.) do you st...
Josh Chappell
Finding a fixed 30 year in Oklahoma
I currently have a few SFR's and MultiFamilies and have them all on commercial loans from 5-6% interest / 20 year / adjust every 5 years. I have contacted my lender and a few others that are local and am having a har...
Jason Malabute
I NEED YALL ADVICE PLEASE
So I started the year off with 2 goals 1) buy my first laundromat 2) 6 units (originally SFHs was my goal)Ive been studying laundromat business from mid January to now Then 2 things slowed me down very slow refi on 2 ...
Jordan Archer
What's the market standard for calculating the cap rate?
What is the market standard for determining a property's Cap rate and NOI? Do you get a professional appraiser or is it just as off the cuff as it appears to be on Loopnet?Are their certain expense items you can leave...
Jean-francois Ndomb
HAVING SECOND THOUGHTS - NEED PURCHASE ADVISE
Hey BP,I am in the process of making a final decision about buying this 4 unit flat, independent layouts under the same roof. The numbers from last year that I got from the seller are in the table below. With all incl...
Julie Marquez
Why is Rent Due on the First of the Month?
So this may sound like a basic questions, but why is rent due on the first of the month? What about people who want to move during the middle of the month? Other bills in life are billed monthly, but the due date is b...
Dennis Moore
General Question About Water and Sewer
Hello I'm close to St Louis. I wanted to know who pays for Water and Sewer if the Owner pays do you roll that into the rentals or have them pay a percentage separate.
Estrella Carolina Mckinney
Guests at Christmas
What strategies do you implement to attract guests during the holiday season and maximize occupancy?
During the holiday season, demand for lodging peaks. To maximize our bookings during this season, we focus on deliv...
Edwin Lopez
Managing gross income from business
What’s a good rule of thumb to follow when starting a business or owning multiple properties for how much you should set cash aside to go towards the mortgage, expenses, emergencies and paying yourself? Thanks in adva...