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28 February 2018 | 0 replies
To cover myself, I added the following provision to my lease..."... when needed to water the grass, Tenant agrees to allow use of their paid water to maintain lawn health and appearance as needed."
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6 July 2018 | 54 replies
I give the neighbors my phone number and assure them lawns will be mowed, weeds sprayed, sidewalk shoveled, etc.
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20 October 2018 | 4 replies
Certainly at the supermarket.But, it's not that simple.Interest rates are artificially held low.
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7 March 2018 | 6 replies
It is therefor beneficial to have a 30 year as opposed to a 15 year mortgage.Equity in a rental is artificially buying cash flow at a very high rate based on the opportunity value of cash.
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8 March 2018 | 8 replies
Same question for the people you pay to mow the lawn.
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12 April 2020 | 21 replies
My lawn service, contractors and pest control guys tell me if pets or other shady activities are happening at the property.
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7 March 2018 | 6 replies
And if there’s $75K worth of rehab the owners annual expenses are likely artificially low, which is likely what created the $75K need in the first place.
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7 March 2018 | 2 replies
What are your lawn care costs or are the tenants responsible?
11 March 2018 | 6 replies
But I'd like to run the numbers in the scenario as I move out after 2 years living there to check the cashflow- Financing: owner occupied conventional loan - Downpayment: 5% - Interest rate: 4% - Loan period: 30 years (fixed) - Vacancy of 5%, Repairs of 5%, Capex of 5%, and PM of 10% - I assume I can get 10% discount based on how long it's been on the market (purchase price of $719,100) - I used Realtor.com from the link and based on purchase price of $719,100 it gives me prop tax of $749- I relied on the listing agent data of $92 per month for home insurance - I relied on the listing agent data of $112.50 per month for water, $112.50 for sewage, $95 for garbage, and $60 for lawn care (assuming the tenants pay for their own electricity and gas) - I left PMI to be 0 since I do not know how to calculate this Result: Based on assumptions and MLS listing, this property cashflow -$1,280.00 (aka, a horrible investment).
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8 March 2018 | 8 replies
Perhaps add cutting lawns and trimming bushes to your offering.In the age of Craigslist, Facebook marketplace and PayPal/Venmo/cashapp, anyone can start a side hustle pretty easily with some free ads, flyers, and a few T-shirts with your business logo.