Eric Anderegg
Looking for help!
I have about 100 k equity in our family home in the outskirts of Vegas ( pahrump) we are going to list the house in the next two weeks and move back to Vegas. Our long term plan is not to live in Vegas but with my job...
Dominic Richardson
Is this a good opportunity or no?
I am looking at a mobile home park that has (5) mobile homes on it. Current cash flow is $557/MO - Cap Rate 6.9% and COC 18%.Does this sound like a great opportunity? Looking for some feedback and thoughts. Thank you ...
David Cole
Is 4.4% ROI a good investment?
I'm considering buying a condo & renting it out during my retirement as a source of income.I'd pay approx. $232,000 cash for the condo. It would rent for ~$1,500/month. ...
Ryan Moore
Lenders and Appraisals
I have started discussions with lenders to refinance a MF in Phoenix and I was curious about appraisals and the cost incurred by them.Quick background: There are currently 10 CLOSED listings from the past couple of m...
Amanda Hensley
Why are park-owned mobile homes generally not desirable?
I must be missing something - is it the additional maintenance/expense component of managing rentals?
Ibrahim Hughes
Valuing using CAP rates & IE sheets
Greetings everyone:
When analyzing commercial property and I receive the income and expense sheet from the realtor or owner, it rarely includes the vacancy rates and management fee. Should I include this (3-5% for va...
Nathan Niemiec
Story by J.P. Morgan Feedback
I'm looking for a property management system for 10 units and growing. I see a lot of people are using Avail, TurboTenant, Buildium, etc. I noticed that J.P. Morgan just launched a new service called "Story" for rent ...
Hussein Myr
Questions about the business model and activation of our LLC
As a newcomer in the home renovation industry, I highly need expert advice. I own an inactive LLC with my friend, and we intend to activate it so that the company can be eligible to utilize mortgage and construction l...
Shawn C Steider
Buying a Mobile Home Park for the first time
I have a chance to buy this trailer park with owner financing for 185k with a 17.3% down payment (32k) at a 6% interest rate amortized over 15 year term with a 5 year balloon payment. Right now it is at 40% occupancy(...
Joe Lutterbie
Tenants paying shared utilities
Hi all! This is my first BP post!. I just purchased my first multifamily home with 4 units. The units share water and gas so currently I am paying it. I was wondering different ways that I could charge the tenants...