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I'm looking at 2 4-plex's that are being advertised at one. I found the property on Loopnet.com. They have 2 different addresses (1900 and 1902 Main St) and 2 stand alone buildings one the same property lot. Each u...
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Hello investors,I trust you are doing well!I was looking at a triplex listing and asked some information to my listing agent about the tenants and rents for each unit as well as the utilties. So the response is as fol...
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Hello BP community - I got this message from my property manager in Huntsville on Monday (yesterday):
"This is the tenant at XXXX Apt. C. I got a call from Huntsville Utilities last night saying that there is somethi...
Hi,
I have a two family home with a unit downstairs and another upstairs. I recently had new tenants occupy the 2nd floor unit and since then problems started. My long term downstairs tenants have had issue with the ...
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Hi Guys,
I have my first deal about to be underway. But I need to know some things first.
The house I want to purchase is worth about 200,000.
There is a 165,000 FHA loan in place.
I negotiated with ...
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Good Evening all, I hope this question is allowed on this forum. I purchased a Duplex in Wilmington, DE. It is a rather big house but only has a single meter. I'm looking to get a submeter or a method of identifying h...
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Located in the Northeast, weather is a big concern amongst other things that could damage a house not occupied 100%. As we scale up the number of properties we are managing, we have been looking for a good all in one ...
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Hi there! I'm wondering if anyone has used sub-meters on a multi-unit property. I'd like to sub-meter the water to bill accordingly instead of just splitting the water bill down the middle (for two existing units). ...
For my rental properties I maintain a home office. Should this deduction be taken on Schedule E along with my other rental expenses? I ask because Turbo Tax lists the home office deduction on Schedule C.
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This is kind of an embarrassing question but I'm trying to find an article or blog that lists decent ranges to consider on certain criteria when evaluating multifamily (i.e., cash on cash return, CAP rate, etc). Does...