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26 November 2024 | 13 replies
So my inspection report came back and it cited the same egress requirements.
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25 November 2024 | 12 replies
In the case of a successful tort against you, you might regret commingling funds in a single bank account, but I can't see how keeping them consistently separated would ever burn you, even if it is a bit less convenient.
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27 November 2024 | 16 replies
For many owners, this is a win.Other owners may value the consistent monthly deposits rather than worrying about the usually seasonal STR incomes.
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5 December 2024 | 34 replies
For context, 4 adults and all our tech living here, we were running about $250/mo on average per month for electricity anyway... outside of summer a/c useage. so all in all, its saved me about $2k a year if i had to guesstimate for you (it stays hot here through October usually).i still owe about $23k on mine, have no intentions of selling the house. but if i decide to move out and rent the whole house out, our market would support higher rent in exchange for no electricity bill. i think you just need to decide what YOUR main benefit of having the panels are. for me it was for the house-hack, and consistent billing, despite the usage. if its strictly for property value increase, i'm not sure it would be worth it, pending your specific market.
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25 November 2024 | 6 replies
In order to negotiate the deal, I used the inspection report to help me get a better price.
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26 November 2024 | 13 replies
Biggest thing IMO is getting close to the train station and have a high quality units that may not look attractive on paper the first few years but will have the ability to raise rents consistently long term.
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1 December 2024 | 377 replies
Hard work and consistent action pay off.
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28 November 2024 | 9 replies
The other qualities of being successful is just consistency, do it daily. **** is hard, but that's the reason not everyone is successful.
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22 November 2024 | 4 replies
While it doesn't meet the 1% rule it's in a stable, desirable area that'll perform more consistently for you over time so it's worth the tradeoff in my opinion.
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23 November 2024 | 4 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.