Eliot M.
Mobile Home Park Valuation once and for all
Frank Rolfe says: MHP value = Lot rent per month x # of units x 60 or 70Laura Cochran says: MHP value = (Lot rent x 12 x # units)/19% or higherBasic real estate common sense says: MHP value = NOI x market multiple (o...
Kyle Jenkins
Seeking advice on basic tax strategy
I currently have a condo in connecticut that i will be renting out in august. I am moving to a single family in texas. I am looking for advice on taxes from the basics. With this property going up for rent what are ta...
John Davis
borrowing in this market
I am seeking funds, not necessarily "hard", but would like opinions. I renovate older houses and the business has been better than anything I have ever done. I have 10 rentals now and the market here in Shreveport
lou...
Holly Hollister
Atlanta – In Town or Way-Out Burbs?
We have 4 single family properties in town, and are in the process of looking to purchase our 5th property. However we are having trouble determining a strategy – we go back and forth between in-town lower income neig...
Blair G.
What should property mgt cost on a 32 unit/annually
BPers,I am analyzing my first apartment deal and find the PM costs suspect. The sellers claim 6k a year for 32 units that bring 240k in rents. Can this be true?Does $620/door sound adequate for a 1.2mil asking price...
Amy E.
Class C and Section 8 Tips?
Does anyone have tips for finding tenants for class C and/or Section 8 rentals?Background: I bought two houses last year in a Class C- neighborhood and quickly rented them out. One to a Section 8 (50% rent covered, h...
Melinda Smith
Newbie from Dallas, TX
Hi, everyone! My name is Melinda, and I'm from the DFW area. I'm a newbie on this site as well as a newbie in real estate. I'm not a newbie in owning my own business, as I've owned 2 businesses in the last 10 years...
Keithq Rueter
General Contractor
Hello Everyone, this is my first post and I am very impressed with the knowledge and expertise of the BP members. I am a newbie in the DFW marketplace and need to secure a competent and trustworthy contractor that...
Martin S.
New construction, 10 hours away
I fell in love with a particular state, which I drove by on my way to Florida from NYC. I was looking at some bank owned foreclosures, which were ok but not great, and then I decided to drive into a new constuction...
Mary Joe
Will my husband be liable?
Say the rental properties are all under my name personally, (no LLC set up).
If something happens and the tenant sues, and the court rules in the tenant's favor, will my husband be liable in any way?
Fo...