We’re so glad you’re here!

So, if a tenant is paid on the 3rd or 4th and initiates payment on the 5th they do not incur a late fee. 

So many strategies available to you to start out with, a big part of it depends on if you are looking to be hands on or continuing to pursue other opportunities at the same time. 

So for example I'm very conservative and don't want any debt on them because I feel this hardens them in case of a severe recession.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I've owned a bunch of condos, so I speak from experience.

I assume you're going to sell it to a developer, so sell it as is and let them deal with it. 

u set the fee.. these are furnished of course. so in our case this was a second home we used for a few years so it was furnished .. not over the top like if we lived there permantly but still nice. 

Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee

Assuming your debt is SUPER cheap and only costs you 12% you’ll save $22,800 TAX FREE  So the combination is saving $60k at 12% (or more) is $7,200/yr and $130k in the bank at only 4.5% is another $5,850/yr  so you’re over $13k GUARANTEED instead of a chance to make $7,200 before taxes