7 January 2025 | 8 replies
The cost to maintain them probably wouldn’t be exactly 8x as compared to the single 8-unit, but it sure as hell isn’t a 1-to-1 ratio either.
8 January 2025 | 13 replies
It provided loss of use coverage and high liability limits but at less than 50% the cost of the quote I got from Proper.
8 January 2025 | 6 replies
At 19, house hacking is the best option if you have the downpayment and closing costs set aside.
6 January 2025 | 3 replies
New tenant must go through complete vetting, sign the lease, pay security deposit and rent, and move in, prior to the referring tenant getting their $100.
6 January 2025 | 31 replies
What does it cost to buy a laundromat?
8 January 2025 | 3 replies
., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.
7 January 2025 | 9 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
7 January 2025 | 22 replies
Insurance cost for weather-related disasters is growing to a major concern in many of the southern markets.
4 January 2025 | 7 replies
Now, over a year and a half later, he sent a certified letter last week demanding the security deposit or legal action within 30 days.Please advise.
8 January 2025 | 5 replies
Start by leveraging your skills to identify undervalued properties, perform cost-efficient renovations, and build sweat equity.