19 November 2025 | 16 replies
taxes are estimated to be 412 Monthly Insurance 133 monthly Property management fee 125 a month Quarterly Water 125 a month Vacancy 5% 2900x0.05 145 per month Repairs 7% is 203 a month Capx 5% 145All combined puts me at 1288.
7 December 2025 | 5 replies
I turned down 60% off homes because they didn’t have water heaters?
8 December 2025 | 8 replies
The expenses covered taxes, insurance, utility (water/sewer only), and I included 500.00 a month for lawn care and general maintenance.I have $65,000 in a high yield savings account that could be used for tenant improvements generated from rents saved in current building and a flip from a couple years ago.
18 November 2025 | 0 replies
As the tenant moved in the first week like 5 things pop up ( leaks/ Water heater not working and several other small things) the total was 800$ i found a local guy to repair them but his labor plus trip charges and parts are racking up, and hes cutting us a deal because his per trip charge is $125 Range.
6 December 2025 | 8 replies
Make sure you have water shut offs on the toilets/sinks, smoke detectors, and no sketchy electrical.
8 December 2025 | 9 replies
Get an inspection done/ have a contractor walkthrough to understand major capex, mechanicals (roof, hvac, hot water tank, plumbing, electrical, foundation), and cosmetic.
19 November 2025 | 3 replies
It has been running as a short term rental and is under water and I can not afford to hold it.Anyone willing to help me figure out options to sell or give up this property so I can start rebuilding my finances?
14 November 2025 | 46 replies
"likely to go under water": Why?
25 November 2025 | 12 replies
Its the training part, but also a LOT of other steps: verify pay stubs, copy ID or drivers license, hand over keys, do property orientation (going over how to rest a GFCI, turn off water, change HVAC filter etc etc) and collect sedurity deposit and first month rent