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27 June 2024 | 5 replies
The cost to "evict" may actually be 1/20th since 'stuff' doesn't have tenant's rights the way a residential tenant does, but the entire other basked of 'stuff' to deal with seems like it might be closer to 1/2 or 75% of the 'normal' level of time/attention/etc that you as the landlord have to deal with.... but you're only getting 1/20th the income.Unless of course you are going to tie these to the 7 units themselves, and moving forward every time there is a vacancy, include the storage with the unit as a bundled pair, and increase the rent accordingly.
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27 June 2024 | 2 replies
I regret driving past so many of these developments over the years and not having paid closer attention.
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26 June 2024 | 7 replies
Along with the usual bush and grass jobs people would have us do house cleanouts, cleanups, and basic maintenance, so I know that I would not be totally jumping into unknown waters.
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27 June 2024 | 28 replies
I didn't even mow the grass!
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27 June 2024 | 14 replies
Likely closer to $34,000 per year in annual cash flow.
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25 June 2024 | 1 reply
One location is closer to the city but the other is newer, cleaner, but further out.
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26 June 2024 | 45 replies
I would be happy to take a closer look at the details of your scenario and see how we can help.
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25 June 2024 | 3 replies
While I am there I will be meeting with agents, lenders, viewing properties, and being closer to my rental properties once I purchase them to do the check-in, walk-throughs, maintenance, etc.The other question I run into is what business to put these expenses under.
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26 June 2024 | 5 replies
Which it ended up being closer to 2.5 weeks and almost ruined the timeframe of my loan.
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27 June 2024 | 26 replies
So I suspect this is actually closer to over $1000 a month negative.