No formula can be accurate across the board because even “cookie cutter” properties next store to each other differ as to view, location to the street, topography of the land, lot size, physical condition of the property, past remodeling, quality of the mechanical systems, sunlight, utility bills, past use, etc.  

Hello all, I have a prospective tenant for a rent by room strategy, we're in initial stages (he hasn't officially filled out the application to verify his credit score) and he is letting me know he filed bankruptcy in 2020, but his credit score should be above 620. 

I've provided a link below to get you started on the subject matter (if applicable). 

What is your email so I can send you the application.”After I do that I forget about it until that evening or the next day.

If you place the right tenants consistently, you will rarely have problems.Here's a detailed guide on how to screen applicants: Application Screening GuideSecond, consider inspections at least once a year, preferably at the mid-point so you can catch damages before they get too far.

Take your yearly net income (rents - applicable expenses) from this ADU and divide by the appropriate cap rate.

In the NYC there's something called the "mansion tax" which is applicable to just about most of the MFHs in the good areas.

Despite concerns over store closures, demand for retail space surged in the second quarter of 2024.

I've recently started building a software application in utility management because I think there is an issue with potential earning lose due to overlooked measures.

When allowed: -All subletting individuals are required to submit an application to the Landlord for evaluation and screening.