13 February 2019 | 11 replies
You take the gross income and subtract out all of the operating costs and expenses (taxes, insurance, gas, electric, water, trash, lawn, snow, maintenance, CapEx reserves, management, etc).
28 December 2018 | 5 replies
I have included in my expenses vacancy (5%), CapEx (10%), P&I and taxes, repairs (5%), insurance (5%) TOTAL EXPENSES = $1,687.15.
1 January 2019 | 3 replies
Insurance costs are not notably higher.
1 January 2019 | 6 replies
Make sure you list the lender as such on the insurance policy so in the event of a fire or other disaster they get their money first.
1 January 2019 | 5 replies
@Tchaka Owen It's advisable that a taxpayer carry adequate and appropriate insurance for the business line.
14 February 2019 | 26 replies
Let's say I put 20% down on a 350k townhouse -- gives me no PMI payment but have to pay mortgage, insurance, taxes, set aside money for maintenance, vacancy, etc.
1 January 2019 | 0 replies
All we were responsible for was tax and insurance, which is about $100 per month combined, so we were looking at a net income of $400 per month.