Hello BP Forum, we are reaching out for opinions and suggestions. We recently closed on an absolute triple net property with a remaining lease term of 11 years (of 15). The lease contract stipulates that the tenant...
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29 units in Midwest.
Asking Price: $1.1M
$875k of which is in assumable loans.
PITI: $9319
$14,925 in rents collected if 100% full. I have data for last 24 months, average actual collected is around $12.5k/month.
...
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So many changes this year besides CDC but with state laws.Only thing I am not clear about is if we can still charge late fees in all cases?Read that we can. Other say we can charge and let them accumulate but cant as...
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I like "Quick Tips!". I find a lot of them very helpful. I try to gather my own quick tips to share at REIA meetings, but sometimes draw a blank. So, I figure why not start a thread for collecting "Quick Tips!"?I will...
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What do you all think about this cap and the statistics below? President Biden’s “Build Back Better” tax proposals could be devastating to anyone owning Real Estate... The three issues I have been following most close...
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Hello,Curious about how other investors, say 25 units or less, manage their bookkeeping needs. We have developed a pretty effective, but cumbersome excel process, but are now looking to really streamline things from a...
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Hello BP,
I am 19 and recently applied at a real estate brokerage for an agent position. During the interview, the managing broker was worried my age might make my business hard. So he tasked me with coming up with ...
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Hi there, I'm a newbie in NC and called a county's tax department to see if I could get a tax delinquent list. They were extremely rude, and told me that they can't give me that information. I politely stated that th...
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Hello BP community,I'm currently a college student in Boston and would love to get started in REI. I've made a plan to save up money while in college to buy my first House Hack once I graduate. I still wanted to get s...
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Looking for a great property manager or company in Hartford Connecticut