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...
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...
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.
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...
Sam Leon
AC/Furnace Filter preferences
As you accumulate more properties, you end up with central AC units of all sizes and ages.Many of these require odd size filters you can't buy at the big box stores, so what do you do? Do you:(A) Mail order dozens of...
Mike Gammarino
Cash out refi on rental for primary residence purchase
My situation:
* bought a SFH for $250k as my primary in Portland, OR in 2002* moved to LA in 2006 and turned it into a rental (the home is still in my name, not an LLC)* been renting in LA since my move* want to purc...
Brady Huf
Using excess depreciation against other business (S-CORP)?
I have an S-CORP that I run my video production company through.
I am planning to start an LLC to purchase my first investment property.
Question 1:
Can I use excess depreciation from that property to offset taxes...
Ted Harris
The Future of Home-Price Appreciation
US News article talking about future home appreciation and bottom being reached in many markets later this year ... I tend to agree with the following taken from the article as it's in line with historic averages:
Th...