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26 March 2018 | 14 replies
Rents are $17,700 with tenants paying their own utilities and total costs are $12,030 including the mortgage payment.(10% management $1770, 5% vacancy factor $885, maintenance $885, lawn care $900, 10 % Cap ex $1770, Payments $5820)This leaves $5670 dollars a year in cash flow for a ridiculous 56.7% cash on cash return!
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26 March 2018 | 6 replies
My lawn guy has a low credit score and he is the most trustworthy person I know who has paid back two personal loans we made to him over the years!
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26 March 2018 | 6 replies
As a matter of fact, i never even factored in snow removal and landscape (even thought its a small patch of lawn and some bushes.
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6 April 2018 | 8 replies
Howdy @Travis WhiteI did not see Property Management, utilities, lawn care, or other miscellaneous expenses.
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29 April 2018 | 43 replies
When you use an escalator clause how to you verify the list agent isn't artificially boosting the price with other "fake" offers?
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9 April 2018 | 1 reply
Like an apartment, in small multis you will probably have to manage any common-area maintenance, like mowing the lawn.
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17 April 2018 | 14 replies
Yeah I am working with a Realtor and this duplex is in Oak Lawn (Perry Heights).
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15 April 2018 | 5 replies
Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
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15 April 2018 | 6 replies
When he was two, we could not pass a for sale sign on a lawn without him campaigning to go "walk the property".At three we gave him a piggy-bank ... or, rather, a cow-bank called "Moolah the Money Savvy Cow" {NFI} which has four compartments: Save, Spend, Donate, & Invest and started teaching him about these different ways he can use his money.
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11 May 2018 | 15 replies
why artificial high prices.. ????