Tony Nguyen
What rules of thumb do you use to buy apartments and why?
Hey guys,
I'm reviewing apartment complexes left and right looking to pick up my first one in the next 60-90 days and was curious to know what rules of thumb other folks on BP use to filter properties effectively?
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Henry Zhu
Mid-Term Rental in San Antonio
From my research, seems like healthcare is one of the largest employers in San Antonio. Anyone has experience doing mid-term rental in this SA for travel nurses?I am looking at zip code 78229, and you can still get si...
Konstantin Ginzburg
Using a Virtual Assistant with Property Management
I currently own 10 units around Louisiana. 6 of the units are self managed and 4 are managed by a property management company but we actively manage the property manager. We are looking into strategies to further stre...
Jeff Prather
Expense tracking for a house hack
I did it! I bought a duplex. I'm living in one unit. I'm renting the other. Now, I want to be proactive about the bookkeeping so that I don't have a nightmare at tax time. Here is what I want to know. I set up three n...
Michelle Artmeier
Not sure what to do - looking for RE advice
We own a LTR that is valued at about $215K, and we owe around $65K on it at around 4.5% interest rate. The taxes, however, have went up so much that we have to raise our rents to a crazy amount (~$1300) to break even....
John Woodrich
Minneapolis Airbnb - warning letters
Not sure how many of you have seen this, or comply but Minneapolis appears to have an outside firm monitoring compliance for short term rentals: http://www.startribune.com/minneapolis-mails-731-l...
Tony Nguyen
How Much Cash Reserves Do You Set Aside?
Hi everyone,What amount do you set aside towards your reserves fund for your properties? For example:X% of gross cash flowX months of operating expenses$X per square feetFor me, I was debating 6 months of operating ex...
Wogderess H.
Evaluating a commercial retail building
hey guys I know how to evaluate a multifamily apartment building. But recently I came across a commercial building with retail stores. How do you evaluate something like that? Purchase price is 450K5 stores leased at ...
Baha M.
How to sell half of property to a partner without triggering DOS!
Hey all, I'm new to the world of REI and recently purchased a duplex (Dec '16) that was supposed to be a 50/50 deal with a partner. At the time of closing, my partner did not have the funds because he was still closin...
Stephen Oakes
New Member - New Braunfels - San Antonio - Rookie
Howdy!
I am an Aggie so we are more than obligated to lead with that greeting! If that hasn't told you enough about me already; I am a graduate of Texas A&M about 7 years ago and have been working in the Commeri...