Bruce Scannell
Apartment Security System
Hi everyone,We own a couple small apartment properties that don’t currently have onsite management and with that don’t have the need for us to have telephone and internet service. Due to some recent theft at one of th...
Bruce Harding
Initial Information Request on Multi Unit
First time buyer. I am looking at my first Off Market Mutli from a couple friends who have not put it on market. They have money and don't need the income. And they are tired of dealing with it. It is professio...
Matthew W.
Fused with categorizes or Chart of Accounts
I'm trying to set up my expenses in QB and Expenify and I've been back and fourth on a couple of categories. So far I have 1099, Advertising & Marketing, bank charges & Fees, Capital Expenses (for remodels) Ca...
Slade S.
How do you deal with a 4 unit with one electric service
I have a deal that the numbers make sense on, but it is a 4 unit with one electric/water meter. How would you handle this? How would a property manager handle this? What if one tenant uses more electricity than everyo...
Brett Stander
Landlords: Should I charge for utilities?
Hello BP members, I am diving into the numbers for some potential deals, and I am looking into whether I should charge for electric/utilities. Currently, my CoC return for year one is a little over 2.4%, with a conser...
Michael Terry
Gifted Duplex
It looks like my siblings and I are about to be gifted a duplex. Both units are currently rented (total rent $825) on a month to month basis. The property has been for sale for over six years, price has been dropped f...
Ahmad Drumgo
Family owned flip(120k) ARV free and clear need total rehab
How can I flip my own property to myself.
Typical distressed property tons of equity.
Regular bank won't finance it.
Kaleena Felipe
Trying to purchasing a 4-plex
I need some help. I am trying to purchase a 4-plex. The purchase prices is 565,000. The builder is requiring a 60,000 downpayment (construction loan) because he does not have the cash to complete the construction. I d...
Kanwar Sodhi
Anyone Lending 100% in a cash-flowing rental property?
I just saw a property in Georgia that's cash flowing well. Any lenders that'll 100% fully fund?
I can pay closing costs, purchase price of $140,000 and $1,800 of rent coming in.
Assuming it's fully funded, 25% set a...
Lawrence H.
Deal Analysis - Fourplex in KC
Hi BP family,
Just got my first investment under contract in KC and super excited! Wanted to run the numbers with you guys to double check I'm not missing anything. It's a fourplex in the Ivanhoe Northeast area... a ...