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The 50% rule covers expenses that are related to the property, not HOA, Property Management, or Debt expenses. Do those unrelated expenses get factored into the NOI?
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Just purchased a 4plex that shares a common driveway with the 4plex next door. Here's the problem: the common driveway is riddled with potholes; both within our property line as well as the neighboring 4plexs' pro...
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I have been wanting to change PM for awhile, finally decided to do it 10 days ago. This is in TX.I normally communicate with my current PM over text message. I informed him that I was switching and all of a sudden he ...
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So I have a family member doing short term rental of a condo and the condo above flooded their rental. The property management company has not provided any updates, not provided alternative living and has generally b...
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I have submitted 3 short sale packages to a negotiator and paid $250 each up front to start. This was about 2 weeks ago. I called her 10 days ago to speak with her and I haven't been able to get her to respond to my...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Baton Rouge.
Purchase price: $83,754
Cash invested: $1
This is a fouplex that was vacant and had an absentee owner. We are...
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Hey I'm Jim and I'm new here. Really been loving the wisdom and networking here.I have a Lease with Option to buy for 5 years...in the 2nd year now...have a tenant in the property that has paid on time for 2 years lik...
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Hello, everyone! I am a fairly new investor looking for ideas for new lead sources. One source that I’ve heard mentioned in a few different podcasts is a “water vacancy” list. Has anyone used this list? Could anyone g...
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I have a property in Joliet IL, 4bds 1 bth, section 8 pays 2060 in this area, i have it posted with a management company at 1895, fairly close to market rent. It has tons of traffic, at least that’s what manager tells...
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Hi BP folks ...I am having a hard time finding financing for something less than 50K. I now there are properties for 45K..that if I offer asking price...when deducting down payment..either conventional or FHA, The loa...