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4 February 2025 | 5 replies
We built a single family home version of a 2 bed 1 bath with surface parking at cost with no profit all in with land for 175k in newark ohio, a suburb of columbus ohio. when we push that to 3 units and closer to the city for our build to rent model the numbers go way better. a 30k slab for a single family home is 30k, a 30k slab for a triplex is 10k a door. we designed a 2 bed 1 bath design at 668 sq ft and it's very good layout even I would live there, but I would never build anything that small again. there's no economies of scale. you need density and shared lines, resources, shared roof shared slab, shared windows, etc the cost goes way down.
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4 February 2025 | 7 replies
That might even be enough to make it hard to be hired by a traveling nurse agency.BTW, I am not a lawyer that can give legal advice.
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29 January 2025 | 5 replies
Use your evenings and weekends for follow-ups and networking.Sending text messages could fit into your schedule too!
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30 January 2025 | 19 replies
IIRC, RW even charges hourly rate fees if a property consumes too much time.
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27 January 2025 | 48 replies
They don't even know what to do with it.
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23 January 2025 | 8 replies
That is the reality of these properties and why they are rarely sustainable even if they appear to be cash flowing.- It costs me me less to turn over my 1500 SF units that rent for $3k/m then it does the same size section 8 unit because the property is cared for better and experiences less wear and tear while fixed costs like cleaning and painting are easier to absorb.
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28 January 2025 | 12 replies
Given these numbers and his research, he believes it may either cash flow slightly or at least break even, which has made it a bit more difficult to find an end buyer.
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27 January 2025 | 3 replies
Even if it's a new build, with 4 units, you're going to have lots of repairs.
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31 January 2025 | 8 replies
From my understanding, no one is employed, they are somehow current with the rent, but they are definitely not someone I would offer a new lease...not even at market rate.
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5 February 2025 | 21 replies
If a tenant causes a claim, why should the landlord's insurance pay - possibly resulting in an increase in premium or even a cancellation of the policy?