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18 December 2024 | 3 replies
The below pictures are the outline for the approved plan released by the Alexandria Economic Development Partnership in 2020.
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23 December 2024 | 14 replies
However, vacancy means covering 100% of the expenses.Multifamily properties almost always generate higher cash flow due to multiple income streams, which also reduces the risk of vacancies.
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17 December 2024 | 6 replies
We still owe roughly $900K on a 3% mortgage.We’re planning to retire abroad and are weighing two options:1.Sell the home – I already have a buyer lined up, so this would be a straightforward exit.2.Rent it out long-term (furnished) – While I don’t think the rent will fully cover the mortgage, it might come close.
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18 December 2024 | 15 replies
The big picture is what matters.
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16 December 2024 | 6 replies
In short, most likely yes but it depends on your entire tax picture.
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28 December 2024 | 24 replies
Focus on covering your costs and saving, and you’ll be ready for your next move in no time.
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17 December 2024 | 1 reply
$2,698-$1600= $1098/mo would be your responsibilty and you said you could cover it all.
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23 December 2024 | 12 replies
But it's a relatively minor piece in the big picture.
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19 December 2024 | 4 replies
The income isn't covering the costs (maintenance, capex) and you've only gained 15% appreciation in the three strongest years we've seen in a long time.
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30 December 2024 | 24 replies
But at turnover you needed better paint and change out window coverings almost always.. change carpet every other tenant.. glad i had concrete floors in the main living areas..