Mike Jones
Deductable? City now imposes Rental Permit Fee
Any one care to share what you might know about whether a City imposed Rental Permit Fee of $94.00 is deductible and if so, what category?
It's basically a self inspection sheet verifying the basics like smoke detect...
Long Khang
Buy and Hold Multi Apartment Deal Analysis
What do you think about this deal???what is this properties value 1.5M???The properties is class C and neighborhood class BTotal building square footage: 48,513 sq ft, built in 1947 Listing Price $1,800,58...
Daniel Kern
Vetting a hard money lender
Hello. I found a property I’m interested in making an offer on and using the BRRRR method. List price is 119k but I think I can get it for around 100k with an ARV closer to 165k. I currently have 6 properties and am ...
Account Closed
Seller financing and interest rates
If a motivated seller is financing me his houseCan he make me pay interest? Like 5.12% interest or 4.24 interest?
Phil M.
Who can purchase tax liens in New York City
Okay, so I've heard that in New York City tax liens may not be sold to the general public. But now, I have an LLC, so I was wondering if I can purchase them now.
I recently read this: "The City of New York only sell...
Ryan Aurand
Renegotiating leases during Due Diligence
Hey BP!How common is it to renegotiate warehouse leases during due diligence? And how common is it to put a property under contract while only intending to close IF someone is able to renegotiate and extend leases? No...
Mike Enzwiler
Charlotte NC multi family and 2% rule
Is it me or does the 2% rule seem to be harder than ever to find in Charlotte and the surrounding areas with regards to dups, tri and quads.
Tell me if you see it differently but ...
MLS listing are closer to 1% w...
Bastian Kneuse
How to avoid lease renewals in winter?
After a successful rehab, I am about to put my rental property up for listing. Of course, timing is less than ideal given we are in the middle of winter when the rental market is very slow moving. This is also less th...
Jason Cobb
Elevator Maintenance costs
Hello, Is there a known method or rule to determine the average annual cost of elevator maintenance and inspections? Age, model, make= $$/year Property has one elevator and I am currently researching this due to no...
Sean Bramble
Mid term rental revenue comping
Hey BP - I've got a friend interested in mid term and am trying to help her underwrite her revenue projections. I'm an STR guy - rely heavily on Airdna and Pricelabs annual revenue estimates of nearby comps. Are there...