Daniel Gutowski
72 unit apartment complex - 8.3 Cap rate
Asking $2,300,000
72 units - 1 bedroom/1 bath - 700 Square Feet - $460 monthly rent
8.3 Cap Rate - great for area
98% occupancy rate - due to low rents for area
49% expense to income ratio
Fishers, Indiana
• Upside...
Russell Gronsky
Creating an In-Law Apartment
Hey all,I'm moving to a new area for work in about 4 months. I'll be there between 2-4 years. I'm planning to do a live-in flip on an SFR and to help me with making mortgage payments while I live in the house, I want ...
Peter Fokas
Purchasing MF - need advice on next steps
Looking to purchase a 6 family building. Inspection came back with a bunch of issues. Whats is best strategy in getting these addressed? Request seller to fix or negotiate credit adjustments to price?
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Adam R.
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Does Rhode Island state law permit RUBS to pass utility costs to tenants?
Lilian Gonzalez
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Good morning, I really appreciate any constructive feed back. I just bought a property in PA with tenants in it. I didn't ask to have them out (big mistake) They where not paying market value rent and only electric a...
Sean Ploskina
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I have been trying to find an option to split the water meter on my four plex. Currently it has one meter and bill that is shared. How have people been doing this? Are there companies that will do it? I remember a...
Mark Cherv
How to meter the hot water from a boiler
I have a 3 multi unit place, but there is only one boiler & oil tank. Heat is supplied by forced hot water. Each unit has its on zone, and each zone has an electrical meter that is monitoring how long the circ...
Spencer Woodring
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I am a new investor, and I am looking at a property on a significant amount of acreage. It is in a very mountainous area. The seller states that it can be subdivided and built upon. How would I go about verifying if i...
Adam Stroik
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Greetings All,I'm having an issue implementing a RUB system and am looking for some advice. we have told our tenants in our 4 unit bldg we would not be raising rents if they stayed on with us after their lease was up...
Preetha Dutta
Property management negligence
Hi , Recently I was staying in a condo and due to condos management negligence there was a flood of hot water in my appartment. Thankfully this happened during day time . If this would have happened in the night we co...