18 June 2020 | 42 replies
@Joseph Barnes ,Something you'll need understand about being a landlord versus being a short term rental host is that as a STR host you're crossing over into another industry: hospitality, on top of being a property owner.A short term rental is expected to be fully furnished as well as fully stocked with a coffee brewer, pots, pans, utensils, dishes, cups / glasses, flatware, towels, soap / shampoo, other bath items, bed linens, ... even some basic food items like breakfast cereals, canned items, etc.
15 June 2021 | 9 replies
Purchase price: $136,750 Cash invested: $40,000 4 bed 2 bath Bentonville Downtown area
16 June 2020 | 3 replies
For context, I am working with a 6 bed 2 bath property in San Antonio that has been setup for use as a rent-by-the-room property.It has 4 out of the 6 beds vacant and I'm wondering if there are any ways to field new tenants that I hadn't thought of.
15 June 2020 | 2 replies
In January I purchased a 10% stake of a 15 bed assisted living facility with the intent of a complete purchase during the summer.
18 June 2020 | 4 replies
I live in a 4 bed 3 bath newly renovated condo in the lakewoods village area of white bear lake mn.
16 June 2020 | 3 replies
I have also looked at a few smaller single family homes usually they are 3 bed 2 bath with a small garage and a fenced yard with grass.
17 October 2020 | 58 replies
It's a 2 bed, 3 bath townhome.
22 June 2020 | 49 replies
I also enjoy staying busy until 7-8 at night before relaxing and I'm typically in bed by 10pm.
16 June 2020 | 8 replies
Monthly rent income is $13,760.Monthly Expenses are:Insurance: $593 / month (estimated)Property Tax: $2127 / month (based on 2019)Garage: $127.50 / month (actual)Water: $343 /month (estimated)Snow Removal: $80 / month (actual averaged over year)Lawn Care: $108 / month (actual averaged over year)PM Fees: $915.04 / month (7%)Reserves Estimated:Vacancy: $688 / month (5%)Maintenance: $413 / month (3%)CapEx: $344 / month ($250 per unit per year)Tenants Pay their own electric/heat/cooling (owner pays water/sewer/trash/snow/lawn)Additional comments: Property is 2 years old, 16 units, 2 bed/2 bath in each unit, with separate detached garage for each unit.
25 June 2020 | 13 replies
Having a track record of previous tenants with no bed bugs helps landlords because it shows a consistent pattern of no bed bugs.