Kevin Scott
[Calc Review] Help me analyze this deal
If anyone can help me out with this one I would appreciate it. This is a 99,000 duplex; 1 bed/ 1 bath upstairs and 1 bed/ 1 bath downstairs. There was water damage from a pipe burst and some of the drywall and floor...
Kerri Junio
Stay at home mom in Auburn, Wa!
Hello everyone! My name is Kerri Junio. I live in Auburn, Wa which is about 30 miles south of Seattle. I have a husband and two young daughters. I currently am a stay at home mom so my husband can focus on establishin...
Marci Stein
Whose responsibility to empty septic?
I know I messed up by not addressing this issue in the lease.For those of you who rent out homes with septics, do you have the tenant pay for emptying it or do you pay?Will it be too late to add it to the lease upon r...
Ryan Wydler
The Multifamily Lightbulb
In the Museum District of Richmond Va I've found a multifamily (4 units) property on a good size lot for that area that has a back ally access with a good size back yard and no garage like most of the neighbors have.P...
Dimitri Paspalaris
Using professional photos for rental property
Is it a good idea to use a professional photographer and if so do you think $175 for a 1200 sqft townhome is a good price? Thanks for the help.
Jake Steven
A somewhat odd question about condos and HOA politics
We recently had a family member offer to sell us his condo. It's in a great area, and the offer price is slightly below that of other comps in the area. Market price is around $180k, we can get it for $160k (using c...
Amir Navabpour
Diligence or overkill for out of state rentals?
I have a portfolio of 11 rentals in Kansas City (I live in Ca). My PM is competent. I have done make readies/rehabs for all of them through a contractor, and the PM walks the properties when he is done. Over the ye...
Obin Olson
So how to get past the 50k appraisal fee
So, I am looking at a SFR bundle that cash flows well, however the lender needs to get some value on the deal. the problem is from my basic comps, and square foot prices etc it is very close to being a "no go" situati...
Nick B.
10% economic vacany - is it sustainable in the long term?
Hello BP,I have reviewed many potential apartment deals marketed by different sponsors. While all of them were unique, most of them had one thing in common: they were underwritten for 10% economic vacancy (or less!) s...
DJ Baker
Empty Mobile Home Park Valuation
How do you calculate the valuation of a mobile home park that is empty and with X lots ready for rental and Y lots “possible” but without road and utilities setup? I’m used to running cashflow and cash on cash ROI ana...