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Updated over 5 years ago,
Rentals with All Bills Paid? (Elec, Water, Sewer)
Hi, Bigger Pockets Folks. I'm looking for some input. We are working a pretty big deal. 25 Units in all , Small RV Park w Acreage and potential for more spaces for rent. What are some thoughts on Rent with all bills paid? They arent all set up this way, But most are. They are small 1-2 bd 1bth units 525-650 Sq Ft. Units? Its generating $120-$135K a Yr in Income. After Loan PMT, Taxes, Insurance , Bills Paid, Other Expenses Etc. There is money left. Just not as much as i would like. With it being such a big expense thats alot of whats steering my decision. I've done the deal analysis and its showing an Ok return. Along with my existing rental income its better. Any thoughts Or some options? It would be greatly appreciated.
Thank You, Jay