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6 December 2024 | 6 replies
I own, manage, and operate out of the Des Moines, Iowa metropolitan area.
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13 December 2024 | 32 replies
If things work out with this 2nd company, and I have one operating rental in place of two empty lots in North Port, I'll be happy(ish). ya I built 3 up in the Ocala area took way longer but they got done and we did make a very small profit on them but I count that as being very fortunate.
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2 December 2024 | 3 replies
@Dennis GallagherIt's my understanding that the "Income-Expense Ratio" primarily use operating expenses as the expense variable, which includes costs like utilities, property taxes, insurance, maintenance, repairs, property management fees, and trash removal, all of which are considered when calculating a property's operating expense ratio (OER).You calculate OER by dividing the total operating expenses by the gross operating income of a property.
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1 December 2024 | 91 replies
I think the problem here is your lumping ALL syndicators, regardless of operational time and quality, into 1 big generalization.
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29 November 2024 | 7 replies
Anything smaller makes it harder to get them washed properly.Check out the Yale Appliance Blog - https://blog.yaleappliance.com/They cover all sorts of topics about appliances.
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1 December 2024 | 0 replies
New construction, builder preferred lender helped buy down rate, I negotiated builder to add appliances and blinds, and negotiated price.
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4 December 2024 | 4 replies
I want a successful, long-term operator.
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3 December 2024 | 21 replies
I plan to self-manage these properties and intend to operate my portfolio as a business, tracking all income and expenses while avoiding the commingling of personal and business funds.
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4 December 2024 | 3 replies
I want to provide a safe, structured living environment for individuals transitioning out of recovery or other challenging situations.I’m new to this process and was hoping for advice on the following:How to navigate zoning laws and permits in Montgomery for this type of setup.Licensing requirements for sober living or group homes.Strategies for finding residents or partnering with local organizations.Financial and operational tips for managing this type of property.I’ve heard zoning can be tricky and want to ensure I comply with all legal and safety requirements.
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5 December 2024 | 34 replies
Personally, I am a big fan of the "alternative" storage systems such as water pumps, sand etc. because the battery method is honestly not all that efficient on a cost to operate measure.