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31 October 2024 | 17 replies
These properties often have systems with about ten years of life left and are situated in neighborhoods with appreciating property values and rental income.The cash flow from a property largely depends on your down payment.
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29 October 2024 | 6 replies
I've been renting out for the last 2 years using that systems (room by room) and it works - gross rental yields at 10% in some parts of Lisbon underserved.
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27 October 2024 | 4 replies
Please provide a forwarding address prior to moving out, return all keys and key fobs, cancel your internet services, and your electricity service by the lease expiration date.If you would like to schedule a rental property walk-through inspection to access property damage and potential cleaning charges, please let me know a time and date that works best for you.
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28 October 2024 | 5 replies
I know its a new day my prime selling years for 75 to 92 pre internet..
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19 October 2024 | 7 replies
Question regarding Internet services for a Duplex.
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30 October 2024 | 28 replies
It also tracks who is in what house and all other resident info I might need, and is absolutely vital to our operation.Each of our houses has a live-in manager who, for free rent, ensures all residents are following a strict set of rules and guidelines that is enforced quantitatively with a points system to ensure objectivity and uniformity between managers and houses.
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31 October 2024 | 23 replies
I usually suggest to my clients the equivalent of 3 months’ rent held in escrow and double the daily rent rate to be charged in the rent-back agreement starting after agreed upon move-out date if they are not out, with seller maintaining all utilities and repairs on appliances and systems until move out, especially if you’re planning to renovate, anyway.
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27 October 2024 | 2 replies
I wanted to share the financials after 3 years, and demonstrate what three years of real estate investing can achiev3 Bed/1 Ba Single Family Pro-Forma:Year 1 (2021)Income:Rent: $1,200.00Expenses:Mortgage: $509.95Taxes: $119.10Insurance: $43.84Cap Ex: $60Repairs/Maintenance: $60Vacancy: $60Monthly Cashflow:$347.11/mo or $4,165.32/yrYear 3 (2024)Income:Rent: $1,300.00Additional Pet Rent: $75Expenses:Mortgage: $509.95Taxes: $155.43Insurance: $53.03Cap Ex: $68.75Repairs/Maintenance: $68.75Vacancy: $58.75Monthly Cashflow:$450/mo or $5,400/yr (Total/Not 50/50 %)Total Equity: $37,473.88-Principal Equity: $7,959.62I have learned a lot about the systems needed in place to run a rental property, and how important picking the right tenant is.
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28 October 2024 | 30 replies
If it is not set up with systems and people in place to run it you will be mainly selling your book of business.