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20 January 2025 | 1 reply
Hi BiggerPockets Community,I’m looking for advice on breaking even or generating positive cash flow with my studio condo in Prospect Heights, NYC.
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19 January 2025 | 6 replies
The meters are rented and the monthly fee ($7.50) can be charged to the tenant on their statement.
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25 January 2025 | 29 replies
@Ricky R. welcome and congrats on getting started on MF.
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24 January 2025 | 5 replies
Although I've considered a future line of credit against the property as my best long term option, I would need to pay down the remaining balance first.
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17 January 2025 | 19 replies
The rates beat hard money and it's all online.
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19 January 2025 | 14 replies
That said, I'm grateful for the alternatives you present--you're keeping the bottom line in mind, so I appreciate your help in exploring options that achieve the bottom line for the investors.
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25 January 2025 | 15 replies
I'd also add to that that you are paying a 20% withholding tax on gross rental income.
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19 January 2025 | 2 replies
Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee
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11 January 2025 | 12 replies
Hey man, congrats on the first deal!
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21 January 2025 | 11 replies
Quote from @Saul Vargas: looking in Phoenix or Vegas, do you guys have a better market on mind?