Gerrit Stukkie
Lease Option vs Buy Hold Analysis
I have a newbie question.What differences are there in analyzing a lease option property versus combining buy and hold analysis with a flip analysis?I want to have LO as an exit strategy along with Flip and Hold.I kno...
Account Closed
Does anybody add utility charges?
I have a large industrial building with a handful of different tenants. The building only has one incoming power meter from the utility, and then there are individual submeters for each tenant.As a result of this, the...
Karl McGarvey
Payoff a Vehicle or buy another rental!?
About to close on a refi of our personal property. Saving $250/mo plus getting about $12k cash back in closing. Current vehicle payment is $398/mo with about 9000 left to pay (2.5% interest rate).Initial thought is go...
Ryan Daniel Palmer
Tenant consistently late on late on rent, no sec deposit
I own a three-unit in Chicago which has strict regulations about accepting security deposits therefore I've recently started doing non-refundable move-in fees as most landlords do here. I have a tenant that was great ...
Mary Paras
Cleveland Criminal Complaint for High Grass and Weeds
Hi, I got a "criminal complaint" (misdemeanor) from Cleveland Municipal court because my property in Cleveland has "High Grass and Weeds".I pleaded Not Guilty because the PM confirms it is the tenant's responsibility,...
Oscar Macal
First Rental turnover
Hi everyone,I was just recently notified by my current tenant of my first BRRRR property that she will not be renewing her lease at the end of February as she is moving back to Chicago. She has been in my home for two...
Account Closed
Buying an Apartment Complex
Hey guys,
I am interested in buying an apartment complex. How do you determine which markets are good to invest in right now?
How do you find out about market cap rates across the states?
What would you do from a ...
Kimberly T.
Can you charge a different application fee for a married couple versus 2 individuals?
I'm researching PMs in other markets we're considering buying in, and have seen some PM sites with info for prospective tenants. When I look at their apps, I have seen some with the following type of set up:
...
Jeff D.
flipping out over possible s-corp loss
Here's my simplified as possible scenario:
in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...
Trevis Kelley
10 unit Multi-Family value
Hi! I have only posted here a couple of times, mostly because I like to find the answers on my own. I am having trouble with MF value. I have read many, many forum posts, blog posts, and heard it talked about again...