28 December 2018 | 9 replies
These are 5 attached 3 bedroom townhomes and 4 individual SF homes all on 1 acre of land.Please let me know if I am forgetting anything.Rent: $8,875.00Units: 9Maintenance $1,331.25Vacancy $443.75Property Manager $621.25Insurance $484.47Utilities $150 (calculated at 85% recapture on RUBS for water, gas and electric metered separately)Landscaping $300.00Advertising $73.96Ongoing Capital Expenses $887.50Taxes $702.63Purchase Price $385,000.00Rehab $78,100.00Holding Fees $17,750.00 (2 months rehab, some will rent sooner)Closing Costs $3,500.00Cash out of Pocket $484,350.00Additional ideas for extra income:Pet Rent - $10 per month per pet (the property has a huge green space for pets that I may actually fence in as a "dog park")Appliance Rental - $25 per month for w/d, $15 per month for refrigerator (I actually ran across this idea looking for my son an apartment recently)Property also has a big playground that I may remove -- not sure yet.Please let me know if there are other expenses that I am not calculating (hopefully they are small :))
3 February 2014 | 31 replies
One other theory that I have is that the more heavy things a tenant brings into the rental like refrigerator, washer, dryer, grand piano, the longer they stay because they know how hard it is to move all that heavy stuff again to another place.
17 March 2008 | 1 reply
Ask them what drew them to the place and if not having a garage or elevator is a hassle (think moving in time and carrying a refrigerator up 4-flights of stairs, having company over, your 80-year old mother comes to visit, etc.).Your location sounds great.
16 February 2012 | 110 replies
...when you are mad that your husband replaced the disgusting refrigerator in your 4-plex when you were going to have it cleaned....
21 July 2011 | 22 replies
Related fixtures such as new cooking ranges, refrigerators, and other appurtenances, as well as general painting are also eligible; however, it must be in addition to the $5,000 requirement. 8.
4 April 2008 | 8 replies
That was the starting move, and no telling whether they would go down more or not.He bought from a local shop and showed them a print-out of what he could order it for on-line, and they came down about $800 in their price in order to make the sale to him.I buy refrigerators from that store, and I go in and tell them what price Lowe's has on that size fridge, and they will match it, often coming down a couple hundred dollars from the posted price.
22 August 2018 | 3 replies
It was the only awkward space in the house, removing the wall separating the hallway, pushing the refrigerator into the closet behind, and moving the range off the end has completely transformed the space to being consistent with the rest of the house.
24 August 2018 | 3 replies
, wild parties, LOUD: children, boyfriends, furnaces, refrigerators, and music.
22 August 2018 | 19 replies
She tried to run the A/C for the first time now after the inspection and all the refrigerant has leaked out (it was working when she moved in, not sure if it failed from sitting dormant), so that's also going to require a $2000-4000 repair after we find the leak.Any advice is appreciated!
23 August 2018 | 2 replies
Hi There,We have a rental just become vacant and our property manager says we should change out the range and dishwasher and also provide a refrigerator.