
6 June 2020 | 3 replies
Current gross revenue is $4,925.00, property tax is $800/year, tenants are responsible for all utilities (on city sewer and water), tenants are also responsible for yard maintenance (they can pay $10 to have their yard maintained if they don't want to do it), owner is responsible for upkeep on empty lots, 3 are on HUD payments.I own other property in the area (not rentals, recreational) and I have good contacts for maintenance and upkeep, I also have someone I trust to manage the property (I live 10 hours away, but I spend roughly 60 days a year in this area).

10 June 2020 | 6 replies
Most of these have title issues, are under water on the mtg, etc.

3 June 2020 | 1 reply
I have an acquaintance who bought a home in Florida (by the water) and sort of AirBnb's it throughout the year blocking off times she wants to live there while still "living" in NY until she can permanently move.

4 June 2020 | 3 replies
As a landlord is it my responsibility to fix the lawn with new sod etc if a tenant has not been watering the grass as regular maintenance?

3 June 2020 | 3 replies
The sewer tax is a tax and not a utility (not to be confused with sewer & water).

6 June 2020 | 5 replies
It will need some work to divert water flow from the crawl space but otherwise is in solid condtion via the home inspection.

4 June 2020 | 7 replies
I also am hearing about many people getting burned from being overextended due to Covid and are now in hot water.

11 June 2020 | 7 replies
If a great buy and hold comes along that I can’t resist I would definitely cash out and move on the property.

16 June 2020 | 33 replies
A water heater has an expense of ~$8/month (~$1100/12.5 (years)/12 (moths/yr)in my market.