Alexander Alguire
Your criteria for a new MF investment property?
I am looking to do my first investment soon and am right now just looking for properties to run analysis on. What is the criteria you use to filter out good deals from bad ones? As far as price goes I find some with a...
Baze M.
Telephone interviewing property managers and management companies
Blessings BP,I'm purchasing multifamily properties in areas I don't reside. Therefore, I've been speaking to several property management companies lately. What are some of the main questions you guys ask when you're...
Adam Franco
Defining Net Operating Income and Net Cash Flow
Hey BP community after skimming through the forums I noticed a common thread, net operating income (NOI) is frequently confused with net cash flow (NCF), so let's clear it up! Since we are in the Multi-family (MF) fo...
Account Closed
Submetering water COST
Hi everyone.I want to know how much you have paid for your water submeter. Please include how many units/submeters you purchased. I am only interested in knowing the cost of the submeter itself; plumbing, installation...
Kyle Smith
Finding Property Management
Hello everyone,I am looking at purchasing a property in East Cleveland, however, I have been hitting some road blocks when it comes to finding a property manager. I realize East Cleveland isn't as nice, but I'm less c...
George Genovezos
Building a coin op laundry room for tenants
hi all, I just acquired a 16 unit. They are all 1 x1. No laundry hookup. I have space to build. Has anyone added a coin OP laundry building? If so how big, cost to build, cost to operate and is it worth it or profits?...
Bobby Thompson
Deals for Active Duty Military Personnel, Veterans, and Brats
Hey BP, I'd like to start off by saying thank you to all of the active duty and retired military investors on BP. I greatly appreciate your service and admire your commitment to ensuring our safety and way of life. I'...
Michael Mudrey
Typical commercial terms?
Hey All,
After a few successful single family, I’m going to be making an offer on a small multi family (7 units) next.
My question: What rates / terms should I use when running the numbers? I’ve run a few scenarios ...
Brian Flounders
Pennsylvania Security Deposit Escrow Account
How do you buy and hold investors out there handle security deposits in PA -- or other states that require deposits over a certain limit ($100, in PA) be placed in true Escrow Accounts?
My dilemna is such: th...
Dante Ritchey
2024 Tax Reccomendations
Hello everyone,My brother and I got our first multifamily back in August and are starting to think about good old taxes. Do you have any advice when filing / a good CPA that you may have used in the past local to the ...