Amy Leonard
Tenant selection decision
Top school district, B+ property 1824 sq ft 3bed/4bath $1525 rent. 6 apps in 2 days on the market. 2 are top tiered apps a landlords dream, credit in the high 700s, one is selling their house to start KG in our school...
Mark Welp
Section 8 in Cleveland
Hello,
I have recently bought a SFH investment property in the Cleveland area and my property manager has found a section 8 tenant at a good rental rate. However, it is taking forever for the Cleveland Housing Author...
Sharon Tzib
Expert Advice - What Evaluation Rules Do You Use
Which evaluation rules do you use to quickly assess a multi-family's (2-4 units) suitability for a closer look? It seems to me the 50% and 2% rules wouldn't be applicable because of the multiple unit factors for some ...
Amit Patel
Why does no one discuss Rent Collection Loss Percent ?
I am getting into the game and having a hard time getting data form even some exp. investors on this.
The vacancy in my area is roughly 5% (urban NJ areas).
However, I use 10% for all my calcs for 4-family homes..
N...
Steven Barros
Commercial Financing Question
Hello BP, I have been looking at small apartment buildings 8-15 units in various cities around the country. I would like to finance the most that I can since I am young and have time to leverage my money. Is it possib...
Cynthia Archuleta
Project or construction manager payment ?
For new construction of i were to use a project or construction manager, what is their typical pay %? Or how have any of you structured payment for them?
Mike Ball
Multifamily Repair Budget per unit
I am under contract for my first multifamily deal, a 20-unit property in Charleston MSA. I am doing some forecasting and wanted to get some thoughts on what people budget annually per unit for repairs (including unit ...
Nate Wilson
Hard money lender New Hampshire
I am currently looking to purchase a buy and hold rental property in the Manchester or Concord area. However, I would like to weigh my options and might consider doing some hard money lending. I would like to know mor...
Robert Burns
Wholesale a Rental Property
I'm working on a deal involving a multiunit rental property that consists of a SF house and 4 garage apartments. Gross rental income is $2650/mo. Owner pays utilities of $700/mo. All units are rented on a 1 year le...
Derek G.
Has Anyone Here EVER been sued?
Hello fellow investors!I only own 4 properties (all in Alabama ~ROLL TIDE~). I have a $2 million umbrella policy on top of my landlord policies. All of my properties are under a property management company. I do not h...