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24 January 2025 | 13 replies
Taxes 10k HOA is 9k The current owner never did short-term rentals.
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6 February 2025 | 9 replies
If your bottom line numbers on tax returns and W2 income are not strong however, this will be an abrupt dead end.
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8 January 2025 | 6 replies
And she’s the one that released the latest tax rates and year to year comparisons in September of 2024.
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5 February 2025 | 5 replies
For example, what is the monthly revenue for the property and what are the "All In" expenses, including mortgage, taxes, insurance, utilities, repairs, etc...
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27 January 2025 | 8 replies
I'm assuming you are arriving at your cash flow number by applying Gross income - cap ex, maintenance, utilities, vacancy, tax, insurance, mgt, landscape/snow & Debt service?
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16 January 2025 | 7 replies
@David R Pustelnik recommend you first focus on raising the rent for the first time in 10 years.By the way, how much have your property taxes and home insurance gone up since this tenant moved in?
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15 January 2025 | 12 replies
Hey @Thanh Lu, we don't do much direct bookings but we do have a $500 security deposit.
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24 February 2025 | 28 replies
They can introduce themselves face-to-face with the tenants, change the locks to control the property, get a copy of the lease from the tenant or sign a new one, etc.As for the old PM, it sounds like they owe you a copy of the lease and other paperwork (required by law), undelivered rent and security deposit, etc.I would compile your documentation and file a complaint with the Ohio real estate commission.
13 January 2025 | 7 replies
If you decide to sell and find an investment property with a greater cash flow potential.A 1031 exchange would allow you to indefinitely all of the tax and use it to your advantage to reinvest into larger nicer property/properties.
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22 January 2025 | 4 replies
I do have a silent investor, but when it comes to securing funding, it often feels like I’m navigating it alone.