John Thedford
Insuring SW Florida Rentals: What Is The Best Move?
Anyone that lives on the coast knows the issues with insurance. In many cases it can be expensive. My current insurance carrier is proposing the following deductibles with pricing. $5000 Deductible & 5% Hurricane ...
John Ma
sagging roof old house rental and insurance inspections
hey guys, I wanted to see if someone who has been around the block can offer some insight.I have been house hacking my rental for the past 4 years but have recently moved out and am legitimizing it working with a pro...
Jehon Bendokas
Debit Management Fees from NOI or not?
I can argue both sides. Should someone "running the numbers" of a multifamily property include management fees when determining NOI to determine cap rate?
Professional management is optional and has a fixed cost/perc...
Moises B.
GC & architect in the Baltimore area needed for gut rehab work.
Hi BP,Conducting a search on reputable GC to rehab a row house in the city of Baltimore. Must be:licensed, reputable and solid references. Any information or assistance is greatly appreciated.
Marshall Leipprandt
STR Cleaning Companies (Florida Panhandle - Destin/Miramar Beach)
Hey BP,Looking for some references for professional and experienced vacation rental cleaning companies in the Destin / Miramar Beach, Florida area. I'm ideally looking for companies that have experience with larger ho...
Avery Goodman
~~~LEVERAGING 1.2M EQUITY~~~
My customer has roughly 1.2M equity in multifamily rentals, and his only debt is an 80k HELOC on his 190k primary residence. Taxable income the past 2 years around 38k/year, so how can he leverage some of that 1.2M e...
Kristi Troy
Short Term Rental Estimator
I'm trying to understand the short term rentals better in a particular area. Does anyone use short term rental estimators that they like?
Pavan Kumar
Advise on purchasing New Multiplex
Hello,
I'm looking to purchase a new Multiplex which is around $2.1 M and had 5 units with a 5.1 Cap. Can someone please advise on what I need to look if its a new building? I tried to look for this information but c...
Chris Wilson
Properly accounting for extraordinary capital expense
I am hoping for feedback on how to best represent a major capital expense for a small apartment unit in terms of it's performance. The overall expense will be somewhere around 150K. That would include the decision to ...
Eric Weireter
Expanding to Richmond, VA
I currently operate a property management company in NC, managing 170k SF of office space. We are expanding to Richmond, VA and I have a few questions:
***In VA, do I, personally, need my real estate license to perfo...