Everyone is always talking about the pros and cons your realtor's license, but what about those of getting your General Contractor License (GC)? Especially those who make a living off of flipping and / or building hou...

Hi,

Is there a rule of thumb for operating expense ratio for retail (non NNN) properties? What if the owner is only responsible for roof and structure? Is there an "average" estimated vacancy loss that you use to e...

I'm a rookie, so please be kind!
I have a medium term rental ( 3 month minimum as required by my HOA) I'm right next to a Level I and Level II hospital and I have my first pair of traveling nurses moving in at the en...

So I know there are a lot of "Rules of Thumb" on the Residential side of Real Estate.  As I try to transition into Commercial (Retail) I find that I have no idea on how to perform the proper analysis.  What are the Ex...

Hello BP,

Yesterday 1/12/12, I got a 6plex under contract in southern California. Four 2bd+1 and Two 1+1. Owner is financing with me putting 30% down. Building is currently fully occupied. What documentation should I...

I'm brand new at this but it seems that using a percentage of the rent to set aside for CapEx doesn't seem to make sense.  Let's assume I buy two different 1,500 square foot houses and one rents for $2,000 per month a...

Hi everyone, I have been looking to establish relationships with money lenders. I am wondering if the terms sent to me by a private money lender are normal? I am copying and pasting them to this post to see if I can p...

Hi all, I've never owned a property with septic or private well and hoped to get a landlord's perspective on dealing with these systems. Is it better/worse/same as municipal water-sewer in terms of maintenance & e...

Hello,My business partner and myself are aiming our sights at our first fix and flip property; we have money set aside for the project - but due to the amount we are willing to invest it limits some of our capabilitie...

There is a property I am eyeballing that would require a fairly extensive remodel, but it is also big enough and laid out in a way that made me think it might be a good idea to convert it to a duplex.  It might be abl...