When dealing with rental properties what is the best heating source to have example electric or the traditional heating system boilers. i just wanted to know what my fellow dgers think are even know which is the cheaper way to go when dealing with rental properties on a landlord side of the situation. And how do landlords are able to afford to offer free heat and still make a profit. Thanks in advance.
Rental and Cashflow Property - Management, Strategies and More
Hoto find Turnkey Cashflow properties uzig zillow
January 1st, 2014 | posted by dccapitalI have had many students have success finding turnkey cashflow properties with outstanding cashflow in excess of 20% NET CAP rates after taxes, management and insurance is included using www.zillow.com
This is done by searching for single family and multi-family properties under $100K that keywords "rented" or "cashflow".
Try it out and see what you can find.
Doing a rental hands off
December 31st, 2013 | posted by mikesslerI hired an assistant a few months ago and she has really been working out very well. I have been managing my properties locally just because that is what I have always done. Well not any more.
My assistant did all the work. Fixing up the place took 1 week and she had it rented in 2 1/2 weeks. the best part is, my previous tenant paid and left early so we had the extra time to get things done.
My assistant handled everything from fixing, placing the ads, taking the calls, showing the place, and actually signing the lease agreement with them. I haven't even met the couple that is moving in. WOW that was just awesome. I feel with her assistance and my partner we are going to have a lot of opportunities this year.
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- by mikessler
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5 cheapest Commercial Markets and 5 Most Expensive
December 18th, 2013 | posted by randybailiff(WASHINGTON, D.C. – August 27, 2013) The Building Owners and Managers Association (BOMA) International, using the results from the 2013 Experience Exchange Report® (EER), compiled a list of the most and least expensive commercial real estate city-markets in the United States. The annual report aggregates rental income and operating expense figures from the previous year; in 2012, data was gathered from more than 5,300 buildings across 250 markets and 115 cities in the United States and Canada.
Five most expensive city-markets – Total operating expenses:
1. New York, N.Y. $11.80 per square foot (psf)
2. San Francisco, Calif. $9.66 psf
3. Washington, D.C. $9.51 psf
4. Santa Monica, Calif. $8.54 psf
5. San Jose, Calif. $8.47 psf
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- by randybailiff
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Pro-Forma vs. Historical Performance
December 7th, 2013 | posted by dwallIf you are new to analyzing properties as potential rental units, you may not be completely aware of the information we need from sellers in order to be able to evaluate them. In order to properly run the numbers to calculate Net Income (Cash Flow), Capitalization Rate (CAP), and Cash on Cash Return on Investment (CoC or ROI), you will need historical performance records on the property, better known as an Income and Expense statement. Minimally, we need that information for the past tax year, and preferably for the past two years. Since this information must be reported in tax returns, it is not uncommon to ask for the Schedule E (Income or Loss from Rental Properties) form for the past two years on the property, or other equivalent tax form.
Live/Work townhome
December 6th, 2013 | posted by jackk09We are closing on a LIVE/WORK townhome in 2 weeks and are working on getting tenants for the top(live) and bottom(work). Does anyone have a good Commercial Rental Agreement we can take a look at? We'll use just a regular rental for the top. Do we do anything differently for the commercial tenant vs someone renting the top townhome? Any advice on this would be greatly appreciated! THANKS
Long Distance Landlording
November 19th, 2013 | posted by RoyVoeksOwning real estate is fun and lucrative. It has allowed for great freedom and the creation of wealth. Taking care of your assests that you aquire does take some effort.
If you buy real estate that is out of state, budget your money so that you can go see your house the first year you own it. Visiting your property does not have to be a major expense. You may need to catch a flight in the morning and out that evening or simply stay over one night. Get to know your property and your manager. As well as knowing your manager, get the phone number of the tenant.
Stay aware of what is happening with your property. Keep in touch with your property manager and set expectations.
Best of Luck.
Doing Sandwich Leases
November 18th, 2013 | posted by randybailiffReal estate investment, particularly investing in long term hold rental properties has long been a favorite investment strategy for the wealthy. There have also been a large number of investors who weren’t wealthy but did have the money to buy their first property and leverage from there to grow their portfolios.
However, what’s a would-be investor to do if they really want to break into rental property investing and they just don’t have the cash to buy a home right now? How can this investor get into an ownership position so that they can rent out a property for positive monthly cash flow? Actually, if this is your situation, you don’t need to own a home to rent it out.
Gross Operating Income (GOI)
November 18th, 2013 | posted by randybailiffA Real Estate investor is shopping around to purchase a small apartment project. There are a number of investment evaluation tools and value calculations available to this investor in selecting the best purchase candidate. One of these calculations is Gross Operating Income. Since we’re shopping properties published for sale, the current owners will be able to provide financial information about the property.
Gross Potential Income – This calculation involves the perfect situation of every unit being rented out every day of the year and all rents are paid as due. It’s what we would expect in a perfect world.
Finding the value of Commercial real estate
November 15th, 2013 | posted by Invest_MidwestA couple of years ago, a few people asked me how to determine the value of commercial real estate. They weren't asking for a professional appraisal but just a quick, 'what do you think it's worth?' number. I wrote a short guide to how I have done it and I wanted to post it on here to get some conversation going that may help others. So, I'll paste it for you guys to analyze, rip apart, build on, etc... I really just want to see what others think about when it comes to putting a 'value' on a piece of commercial property.
I wrote this in about 5 minutes 2 years ago so it definitely needs improved upon. Have at it!
