9 August 2018 | 4 replies
My third spreadsheet has the same X axis as my first spreadsheet and the Y axis is the amount needed to offset the mortgage based on whether I charge $800/$900/$1000 a room for rent, all the numbers are pulled from the county obviously:Electricity, gas, repairs and maintenance (10%), capex ($200), vacancy rate (10%), sewer rates, water rates, solid waste fee, lawn care, property management (10%).Am I missing anything?!?
9 August 2018 | 4 replies
Had a hard time to sell it due to my partner listing it really high and then quickly dropping the prices which I guess made people think, let’s just wait until it drops no more and needless to say there was hardly any return to talk about even though there was no debt service involved.May be your experience will be different but be careful!
16 August 2018 | 5 replies
For the other company, if liability is above their limits, I'm not sure they really care because it is no longer their problem.
19 August 2018 | 12 replies
Absence of personal on the lease is troubling, but doggy day cares normally make money.
15 August 2018 | 81 replies
BUY rentals who cares up or down 10 15% , you still collect your cash.
10 August 2018 | 19 replies
Now you have a tenant who is used to be taken care of and hasn't paid rent like a normal person for quite some time.
10 August 2018 | 5 replies
Care and feeding is relatively simple, and the duties are defined in contract instead of fiduciary duties.
7 January 2022 | 10 replies
They are a couple who take care of 4 houses for me in the area.
18 August 2018 | 69 replies
Often, the last couple of % of the work is the slowest as the subs don't want to make the trip to the site just to take care of some finishing touches, so it drags on.