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23 August 2024 | 11 replies
It doesn't add a ton of cashflow, but $50-$100 / month for a space you don't really have to maintain or market much is always a welcome bump to an already good deal.
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21 August 2024 | 2 replies
I would try speaking to both tenants and ask them to try and maintain a quiet environment.
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21 August 2024 | 9 replies
City catch basin getting closed with leaves and debris which city is not maintaining at all.
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21 August 2024 | 4 replies
When you treat them as partners and maintain open communication, it ensures your projects run smoothly, even when challenges arise.
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21 August 2024 | 3 replies
DanIf you ALREADY have TITLE to the home Sub 2 their existing loan and If the payments continue to be sent in to the lender, taxes are paid, and insurance is maintained the lender will in all likelihood continue to accept those payments.
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21 August 2024 | 7 replies
@Gaurav Vedi this is very thorough.Did you also evaluate the increased cost of compliance, admin, and time you will need to invest in executing setting this up and maintaining it?
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20 August 2024 | 10 replies
-asphalt parking/driving(currently dirt with massive pot holes)(awaiting estimate form local company)-Individual metering (previous hotel, 3 different buildings(2 doors, 7 doors, and 6 doors), all on one meter)Any advice or things to consider are appreciated.
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21 August 2024 | 10 replies
@Ryan LeonardYour lead flow may have slowed down due to summer coming to an end, people on vacation and back to school.I think your best ROI is to create and maintain relationships with brokers.
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21 August 2024 | 3 replies
Operating Expenses (30-35% of Income)Rule of Thumb: Allocate 30-35% of your rental income to cover operating expenses such as property management fees, maintenance, repairs, utilities, and insurance.Why: Properly budgeting for these expenses will keep your properties well-maintained and avoid unexpected financial strain.3.
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21 August 2024 | 2 replies
I would like to get a fairly accurate figures for my modelThanks much Hi Marinta,For a 2 BR unit at Beach Villas @ Ko'olina, here are some expenses:Monthly AOAO Dues: Approximately $2200/mo and it includes: Cable TV, Internet Service, Other Common Expenses, Sewer, WaterElectricity: Varies but I'd estimate $200-$300/mo.Property taxes: Around $2k/moCleaning: Around $200 per cleanMaintenance - minimal as units are very well maintained.