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16 November 2024 | 2 replies
My neighbor is renting her Jr.attached ADU: 2 bedroom, 1 bathroom, 825sq -furnished- $2500/mo (utilities incl./ current tenant renting for 6mo).LOFTI have plenty of land for detached ADU /their own yard, driveway & entry with the goal of a 1 bedroom/1 full bathroom downstairs & a bedroom/powder room upstairs <so 1 & 1/4 bath>...
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18 November 2024 | 12 replies
@Jason Porto6-12 Months of Expenses: Many investors aim to have 6–12 months of property expenses (mortgage, insurance, utilities, and maintenance) saved.
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19 November 2024 | 12 replies
Since you said both units are rented, I'm assuming you are utilizing the LTR strategy?
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15 November 2024 | 18 replies
I'm used to paying a 10% management fee in other markets that covers the costs of paying utilities, etc., but RHR charges $10 per bill payment, a fee for renewing rental registration, fuel surcharges for service calls, etc.
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15 November 2024 | 5 replies
Of course, after that brief interaction, I'm pretty sure I just become lost in a sea of other text messages.My question is do any of you see a way to utilize a strategy like this?
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14 November 2024 | 10 replies
Out of curisosity, are you considering utility reimbursement portion as "Owner making money?"
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15 November 2024 | 6 replies
The key is finding a reputable house-moving company in your area that can handle permits, utility disconnections, and logistics.
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16 November 2024 | 3 replies
Utility Costs (Water, Gas, Electricity):- Paid monthly by the tenant unless included in rent.
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15 November 2024 | 1 reply
When there's tenants already occupying the property, there's often times different leases that were signed among the tenants.Additionally, renting by room usually sees higher tenant turnover which in turn causes more work for the PM.Other challenges to consider:- Disputes/conflicts among tenants (different personalities if a tenant doesn't know the others prior)- Occupancy limits- Splitting utilities (what if someone uses more water?)
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14 November 2024 | 3 replies
All utilities are at the street.