Seth Cunningham
Would this be a good offer?? Need help with repair cost and final numbers.
I posted a few days ago, and was scatterbrained all over. Didn't get any real responses either.Well now I have seen the house, done my comps, and trying to estimate repair cost so I know if I should or shouldn't make ...
Matt B.
Terminal cap rate (exit cap rate)
hi everybody, was wondering how people here determine their exit cap-rate. Is it just off of comparables (even then, finding a future comparable isn't really possible when modeling the properties performance for the n...
Ethan Perry
Rehab vs New Construction
Hello All, I apologize if this topic has been discussed in detail elsewhere, I was unable to find it if it has. I'm writing because I was presented an opportunity to purchase an empty lot in a very desirable part of t...
Nick Kaihoi
Entertaining a small 10% buy in on 15 unit complex - need advice!
Hello BP,I had a deal 'fall in my lap' and although I'm still gathering details, I'll put what little I do know about it here for your review. I'm meeting with the primary investor today to gather more info, however, ...
Michael Allen
Four Unit Multi-family, Owner Occupied Investment, Loan Interest Rate Question
Hey everyone!I'm not new to purchasing properties, but this will only be the second property I've ever purchased and the first in this new area. My first property was a Single-Family home right before the pandemic in ...
Linda Quint
late fees and incentives to pay on time
Does anyone have a sure-fire way to get tenants to pay rents on time? How many days should I give before charging a late fee? What is a fair amount to charge for late fees if rents are in the $1000.00 range? I would...
Dannie Barlow
How do you do your late fees?
I have a rental house and the rent is due on the 5th of the month. I give a 5 day grace period after the 5th. Say that they pay on the 13 of the month. Do you charge your daily rate for them being late or do you let i...
James Denon
Water sub metering in Massachusetts
Hello Fellow investorsI am going through getting the 3 family rehabbed in Springfield MA. The goal is to have it as a long term buy and hold cash flow property. It is in a class C neighborhood.There is major plumbing ...
Reya Ripet
New Florida landlord laws next year : required permits/fees ?
Hi all. I didn't want to look this up as it would possibly stress me out more, I'd rather ask here and get a direct expert answer .So I heard from someone , whom heard it from her son , that there will be new laws/reg...
Calvin Watkins
Realtor Question from Buyer POV
Hello All!I have a strange question (at least I believe so) in regards to price negotiations between cash buyers. I am currently in negotiation for a property from the MLS with some hidden value that I believe I can c...