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3 January 2025 | 11 replies
One bad tenant can ( and have) quickly destroyed a year+ worth of profit.I agree with the vast majority of what you said.
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6 January 2025 | 25 replies
For quick math you'll need something to the magnitude of 200 units, call it 16 millions worth of multi-family.If you are looking for cash flow, maybe consider buying a business instead of real estate.
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30 December 2024 | 24 replies
However, anytime errors are caught or delays are identified, we work quickly to resolve the issue.
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7 January 2025 | 3 replies
I don’t want anything in return—just hoping to network, make new friends, and maybe be of help or value to you in any way.If you're up for grabbing a quick lunch, coffee, or beer (on me!)
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4 January 2025 | 5 replies
I carried double the cost on Gas and Electricity to be safe. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00
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6 January 2025 | 7 replies
Hosts usually take 20%a good host replies to the guests quickly with clear check-in information a good host will troubleshoot thermostats, WiFi, and get the house cleaned and ready quickly for the oncoming guest.
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11 January 2025 | 20 replies
Hi all, quick question.
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2 January 2025 | 2 replies
Hope you’re enjoying your stay in Malta travel safe and happy new year.
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30 December 2024 | 5 replies
Use a 2nd position heloc to absorb your paycheck, once your paycheck is entirely paying off your heloc, then it is safe to advance $3000 or $5000 extra against your heloc to make a principle payment against your 1st position heloc.
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2 January 2025 | 18 replies
While you can't take forever and a day, because a desirable candidate has choices, deciding too quickly can be disasterous.