Douglas Johnson
What do you consider to be a deal?
In beginning my real estate investing journey I have been spending time looking at listings and trying to work out what my criteria should be for pulling the trigger on an investment property. For example having an IR...
Christopher Oberhaus
New SFH investor: room-by-room rental and flexible rental terms
Hi All - I'm new to the real estate investing world and am evaluating a few single family home investment opportunities in desirable downtown Chicago neighborhoods. I'm considering renting the homes on a room-by-room ...
Jonn Vidal
Illegal to refuse 3rd party Income thats 'federal state or local housing assistance'
· Effective August 28, 2018, California AB 2219 required residential landlords to accept rent payments through a third party, if the payor provides a signed acknowledgment stating that they are not currently a tenant ...
Blake B.
What are so key things to bring, ask, look for when walking a large MF property?
So tomorrow I am going to walk through a 14-unit all-brick MF property. I've done dozens and dozens of walk-throughs and have underwritten probably 250+ MF deals in my time, so I'm generally familiar with and have a g...
Matt Kauffman
How do MHP appraisals work?
Hey BP gang, how do you deal with a MHP appraisal? I just got a quote from the bank on two different appraisers for $2200 and $4400. Since the parks evaluate on an income basis, how is an appraiser going to figure out...
Todd Burton
Indianapolis Property Management
Hello - I am the Managing Broker for Indianapolis Property Management and IPM Real Estate. I have been licensed for 16 years and have resided in central Indiana for over 40 years. Having completed over 400 real estate...
Bobby Hoover
Section 8 voucher
Does section 8 require the landlord to cover utilities or is this a separate expense for the tenants?
Charles Phanumphai
Property Management Tool Recommendation
Hi BP community - We have about 20 properties and growing, that we manage on MS Excel. Properties are a mixture of short and long term rentals. What software tools would you recommend that would help not only manage...
Khoa Ha
Buying under an LLC
Hi BP,I have purchased a few properties before. However, I have not done it under an LLC before. I recently put one of my triplex under an LLC but wish to be able to purchase future investment properties using the LLC...
Noel Pingatore
Calculating NOI question:
Hello - I'm having trouble understanding why we don't include the mortgage payment in the monthly expenses when we calculate the NOI. This is the formula as I understand it. NOI = annual rental income - annual expens...