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15 October 2011 | 13 replies
I don't keep any tools in the house as the rehab is complete and still didn't while working on it(I rebuilt a little cargo trailer for ease in transport and storage of my tools).
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13 October 2011 | 3 replies
Clearly not true, so let me ask a question I can't decide about.I have an investment in a mini-storage.
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3 November 2011 | 4 replies
Mike, I've always wanted to get into self/mini-storage facilities.
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19 November 2011 | 27 replies
Land development and/or self storage...
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25 March 2012 | 10 replies
Last summer I had a solid core door to a cement storage area under a front porch in a basement that rubbed on the new carpet.
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19 November 2011 | 9 replies
If there are other revenue sources (parking spaces, storage lockers, coin laundry, etc) you would add that in as well.From there you can figure 50% expenses to get your NOI.Your NOI divided by your purchase price is your CAP Rate.What you'll usually see is someone saying they're gross rents are $1,000 so their GOI is $48,000 for the Quadplex.Their property taxes are $3,000, Dwelling Insurance is $800, Sewer/Garbage is $4,000 so their expenses are $7,800.They will claim a NOI of $48,000 - $7,800 = $40,200 and then calculate a CAP Rate off that.This is a garbage calculation.
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10 January 2012 | 3 replies
it's common to charge a storage fee, or transaction fee on top of whatever commission is earned.
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5 January 2016 | 33 replies
In fact, I have like 500 books on my book shelf and in storage and probably 250 in digital format.I have been at this REI Game since 1984 and I love it.The only real master of REI I have ever heard was Barney Zick of Houston TX (RIP)@Rick Harmon Im sure you know him.Here is a question...Has there ever been a graduate of an elite training made back their $29,000 tuition?
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3 May 2014 | 80 replies
Growing a rental portfolio at the same time, closing in on 100 houses (will probably hit that mark in Q1 2013, bought about 50 of them this year and most of the rest last year), plus a few apartment complexes and a self storage facility.
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15 December 2011 | 5 replies
The all others is critical and covers everyone known or unknown to reside in the property.This way someone living in their cannot say the eviction says so and so but not me so you can't make me leave.Front and back lock sets cost me 28 dollars for the set with deadbolt and we put those on the second we finish with the writ or the tenant voluntarily hands over the keys and it is vacant without filing eviction.We do this because sometimes even if tenants leave on their own they have an extra key they don't give and then when where they move to doesn't work out or have enough storage they start putting junk back into the apartment they vacated or try to squat there one day and then another place another day.Sometimes in apartments tenants will hop from one apartment where they are evicted to staying with the unit next door that is paying.After awhile say a week or so the good deed wears off and that tenant wants the people gone from their unit.Was the power in the husbands name??