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5 January 2025 | 18 replies
I look for cashflow to service the debt, repairs, cap ex, taxes, and insurance while the equity grows, my taxes are decreased, and rents are increased to make more cashflow.
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27 December 2024 | 2 replies
The guests have a credit card on file and your policy should allow you to charge for damages or excessive cleaning.
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19 January 2025 | 46 replies
OP it’s a good idea as long as you tie the investment to the military or civil service market.
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23 December 2024 | 2 replies
Furnishings that are easy to clean, along with amenities like high-speed internet and pet-friendly options, go a long way.
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30 December 2024 | 7 replies
When they move out, I can access their account to charge for cleaning and repairs.
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30 December 2024 | 89 replies
I will take on all the risk whilst always making sure the property is in a selling condition at all times and professionally cleaned and maintained, and if there's any damages my insurance would cover it.
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30 December 2024 | 1 reply
Here's the breakdown of rental income and expense analysis:1.Annual Gross Income: $25,800 (Monthly rent of $2,150 x 12)2.Annual Expenses: $25,800 * 0.40 = $10,3203.Annual NOI: $25,800 - $10,320 = $15,4804.Annual Debt Service: $10,680 (Calculated previously using a mortgage calculator with a loan of $131,775, 7.25% interest, and a 30-year term)5.DSCR: $15,480 / $10,680 = 1.45 (approximately)
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1 January 2025 | 6 replies
A service is provided, you must pay for it, period.
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26 December 2024 | 2 replies
It's a lease, not one of those clean energy assessment lien crap things.
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9 January 2025 | 21 replies
If you find someone that seems to know a lot of people needing your services, wouldn’t it make sense to focus more resources on them?