Eli Shicker
How are Closing Costs / Attorney Fees covered?
Hi,When syndicating an apartment building, who typically covers the attorney fees and closing costs? Does the syndicator or is that a fee paid out by the investors?Thanks.Eli
Eric Lopez
Estimating Operating Expenses
To my BP family,When I am running my pro forma on a potential investment property, I always get stuck on whether or not my expense numbers are correct. I can accurately estimate utility costs as most util companies ha...
Pat Jackson
What's up with HUBZU?
I've read just about every post on BiggerPockets pertaining to or mentioning Hubzu, the online auction site. Common denominator=frustrating and irrational. I'm prepared for that. I've been watching two properties f...
Everett Jones
Off market condo with high HOA fees?
I've came across a off market condo that needs remodeled in the St. Louis region. The HOA fees are $500 a month and cover all outside extremities, water, sewer, and trash. I am new to all of this and am curious to see...
Adrian G.
Subdividing land/acres....
I was wondering if anyone knew of any problems with subdividing/selling a large piece of land with undivided fractional interest....Anything issues come to mind?
Matthew Patton
A 3/2 with a detached apartment behind it?
Hey all,
As I hunt for my first multiplex, I'm coming across 3/2 SFHs with either one or two apartments in a detached building behind it. I'm curious for anyone out with one of these setups. At first glance, it would...
John S Lewis
What does Cap Rate mean, really?
Can someone please tell me in laymans terms what the cap rate is? I've read definitions over and over, but I still don't get it. Sorry feel like the dunce cap is on.
Lance Tokuda
Umbrella coverage for tenants in common
Hello,I am buying a rental property with my girlfriend and we will be tenants in common. She checked with her insurance and they won't give her umbrella coverage for the property unless she is the sole title holder. ...
Roc P.
Home As Collateral
Hello everyone I was wondering what your experiences were with using your home as collateral for assistance with getting financing from a bank.
For example my current situation is that I would need $11,000 (20% down...
Janel F.
NYC lease/tenant responsibilities
I recently learned from a fellow BPer that they transfer a lot of their multi-family property management/maintenance responsibilities to their tenants via the lease, i.e., cleaning entryways, curbing trash, snow remov...