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27 November 2024 | 4 replies
Covered parking for 8 vehicles. any thoughts on agent or non-agent?
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27 November 2024 | 7 replies
If it costs $500 to fill the oil tank and the tenant leaves it empty, that's $500 less you have to cover unpaid rent, cleaning, and repairs.
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26 November 2024 | 4 replies
Covered parking for 8 vehicles. any thoughts on agent or non-agent?
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5 December 2024 | 37 replies
Does that include covering your (future) retirement needs, health care costs, all other corporate benefits?
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28 November 2024 | 10 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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27 November 2024 | 11 replies
This is very well worded, and I believe covers most new investors' concerns and questions.
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28 November 2024 | 8 replies
The one you can scale.I know successful business owners in the fitness industry, tanning salons, real estate, window coverings, maintenance, billboard, ATMs, etc.Generally, I would be skeptical of jumping into a business based on YouTube videos hosted by and featuring people that are likely primarily trying to sell you their respective courses.Small businesses can indeed be great investments, but they are hard.
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26 November 2024 | 8 replies
The payments from the mortgage would cover a loan of this size as 12% interest.
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27 November 2024 | 16 replies
So you are negative $600 a month on the first one, you will need to have the personal income to cover it and then still buy the next one.A couple of thoughts:1.
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25 November 2024 | 1 reply
Loss of income is another coverage that you will probably want to cover any period of time you can’t rent out the apartment due to a covered loss.