Hi. I’m on the board of a co-op apartment complex in Tucson, Arizona. It is an older complex (built in the 1960s) with over 100 units. It is well maintained, but we could sure use some income. We have an older s...
Hello I came across a CoC formula and was wondering if anyone in the community could answer this question. The formula is:
CoC=(NOI - Debt Service - Cap X)/(Acquisition Cost)
What is the Cap X? There is the mont...
Have a tenant that left the property (A- class area) with a moderate amount of damage. One item I'm having trouble deciding how to handle is the refrigerator.
It was new when they moved in. 3 years later, there is ...
Hello all,
My name is Kristopher Kelly and I am new to this real estate world. I have just bought my first house hack and have read 10+ books on everything real estate. The reason I bring up the "reading of the books...
I currently rent a 2b/2ba with a roommate, I'm in my late 20s and have a decent income and savings.I initially was just looking to buy a house this year and rent out a room. I've decided against this due to housing pr...
I have been reading and watching podcasts for the past 2 years which has given me the drive to invest in real estate with small steps. I would like to know if it's better to buy a apartment complex in Tampa/Orlando un...
Hello all,I have seen several posts about confusion between what is considered CapEx, maintenance and repairs. To me, repairs and maintenance can almost be combined (assuming CapEx items exclude repairs and are their...
Hi all I was just wondering when you do your analysis, how do you calculate taxes exactly? I understand in the calculation there is a tax tab and I see that people input there tax from there county assessors office. N...
Just as the subject suggestions, I would like to know what questions (and the answer to those questions if possible) I should be asking a real estate accountant so that I know that they are competent. I am not looking...
Hi All!I'm new to BP and I'm excited to be part of this community and meeting fellow BP'ers! I'm looking to buy a single family house in Denver to live in sometime during first half of 2019. I'm looking for the follow...