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I need your wisdom on this interesting situation. I have a month-to-month tenants, a man and his ex-girlfriend. He is a handyman who takes good care of the house. They broke up two month ago. Meanwhile, he has been pa...
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What percentage do you put towards Cap Ex when purchasing a townhouse for a rental? I am practicing analyzing deals with the BP rental property calculator. I found a townhouse that cashflows ~$200/mo if I remove Cap E...
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I'm divorcing my husband. We have a beach house in North Carolina that's under water to the tune of $150,000. A short sale is out of the question; we make too much money. A commercial broker and CPA friend has suggest...
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I'm looking to buy in the mid-west. Curious to see how much does everyone estimate for Vacancy and Cap Ex Expenses. I've seen quite a range when I've researched this so Id like to hear first hand how much others est...
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Hi, I'm back on this site. I've been gone for a while. I left Orange, CA for Huntsville, AL in 2011, and reside in Madison which is adjacent to Huntsville. I have watched Madison grow by leaps and bounds. If anyo...
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when analyzing deals I am using 10, 5, 10 and 12 percent for repairs, cap ex, property management and vacancy rate respectively. These are conservatively high in my area just so I know we can “hit the mark”.Question:...
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Would you ever "Re-Rent" Your property to an unfavorable ex tenant?
Have a tenant from a few months ago ( did not renew her lease, because he was severely hoarding and causing damages ) He has the courage and confid...
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Here is one to chew on.
I had a property that had some tenants that took the midnight train out of town ...
I worked out a repayment plan with them so they have been paying me back throughout 2007.
The issue is t...
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As a property investor or manager, it's crucial to grasp the concept of capital expenditures (CapEx) in multi-family properties. CapEx refers to significant investments made to maintain, improve, or upgrade a property...
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Hello all.I am looking for help on how to word "reason for suing" on my small claims writ. Last time I wrote unpaid rent, damages, late fees. When I asked magistrate for interest on the $35 a week that I will proba...