3 June 2018 | 9 replies
Here in Metro Atlanta, tenants expect to pay for those expenses directly, so we as landlords do not cover them.The one exception I can think of would be condos, where the monthly fee includes water and sewer, but we don't lease condos (for that reason and a whole bunch of others).
13 June 2018 | 10 replies
@Jordan Moorhead my home is not a 6 mil home its nice but its not on the lake.. but for someone working downtown I am only 5 minutes to I 5 which is nice. and I am on a private street only 3 homes including me and walk to 1 through 8.. which families like.. but not a lot of families here because of price point.I know I could get 5 to 6k a month for it.. for sure.. just wondering how the nightly stuff would fair out 800 a night at 50% occ I s12k a month that's pretty good money..
24 June 2018 | 8 replies
If so your SOW should include all of those repairs.
3 June 2018 | 6 replies
And that some will disagree with as well."1% rule" = monthly rent should be at least 1% of acquisition costs; for some, acquisition costs include all purchase related costs PLUS any repairs / improvements needed immediately upon purchase."2% rule" = monthly rent should be at least 2% of acquisition costs; this rule applies more so for lower rent amounts, roughly $500 (and lower), and can be difficult to meet this rule at higher rent amounts.
3 June 2018 | 10 replies
We didn't have a final walk-through because he left town (he won't be moving across the street for a few weeks).In addition to leaving a big ugly mess (including rocks and turtle crap in the bathtub, which i mention only because it's original) and leaving behind huge furniture in this third-floor apartment, there are two much bigger deals:1) I believe he has sabotaged the plumbing.
15 June 2018 | 1 reply
You did not Include Property Management.
3 June 2018 | 2 replies
I have many other interests so I don't focus on the handyman work as much as some people might think I should, and my lifestyle and bills are all geared towards low income, including living in a 1 bedroom home with low bills and taxes, and driving older cars.
6 June 2018 | 8 replies
Are there any restrictions there on what you want to do including any city, state, or federal laws.
4 June 2018 | 5 replies
There is essentially two types of investor to be included in the partnership: 1) member with very little assets to protect with a substantial amount of savings in retirement accounts, and 2) member with retirement accounts but also a substantial amount of money in a regular investment account.My questions are: 1) How does the Louisiana laws protect retirement assets and personal home in case of litigation?
3 June 2018 | 2 replies
2) Where can I find lease agreement forms, and what things should all be included in it?