19 November 2024 | 15 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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18 November 2024 | 4 replies
I’m trying to go pro via annual membership and noticed there was a section for promo code.
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5 December 2024 | 554 replies
But I really like bitcoin because there are no maintenance costs, tenants, turnovers, evictions, capex.
19 November 2024 | 28 replies
Quote from @Jonathan Greene: Never sell a high-performing property with no cap ex and low maintenance to buy another rental.
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20 November 2024 | 3 replies
This would make it into two, two bedroom units with the intent of making them long term rentals.I'm guilty of having a lot of projects going at once so my focus right now is bringing the cottage to a point to refinance out of the private money and either make it our primary residence for a year for the financing perks or to go straight into a short term rental.With the four bedroom house I'm trying to decide if it's worth splitting into two units or if I should keep it a four bedroom rental.The cottage I'm also tempted to do mid term with to lower the turnover and maintenance but open to suggestions.The third property I'll probably just let the current renters pay the mortgage for the time being if I'm able to acquire it anytime soon.
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20 November 2024 | 23 replies
Do you use anything for remote access for maintenance?
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15 November 2024 | 13 replies
It comes down to what your pro forma is, and what lenders are willing to lend on the property.75k per unit for 550 in rents in Dayton is probably over valued, especially if there is deferred maintenance.
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22 November 2024 | 15 replies
Plus look for a handy person to take care of any maintenance issues that crop up.You will need to look at each and every room with a critical eye of a guest and not the owner.
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18 November 2024 | 12 replies
I agree with the "it depends" approach when it comes to determining reserves, but generally, it should align with the age and anticipated maintenance needs of the property.For example, we have a duplex built in 2003 with the original AC units and roof.
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18 November 2024 | 35 replies
The number of maintenance requests we get on dryers is stupid high.