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4 February 2025 | 1 reply
Our goal is to be able to use either some type of software or spreadsheets to continue to build off of and help dial in our costs as we begin to hire more contractors for our team.
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27 January 2025 | 21 replies
So a room used for laundry that is 100 sq ft (quite common) costs the owner about $72,000 over the course of a decade (in today's dollars).
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29 January 2025 | 22 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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28 January 2025 | 4 replies
On your tax return you would report the proceeds, subtract costs and proceeds paid to seller, then the remaining profit would be your flat fee.
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5 February 2025 | 1 reply
It hurts the tenants ability to find another rental, nobody wins, and it takes forever costing you money.
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30 January 2025 | 0 replies
There were a lot of costs that we didn't expect like the plumbing had to be completely redone.
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18 February 2025 | 7 replies
Basically dollar cost averaging.
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5 February 2025 | 3 replies
Whether you're curious about cost-effective renovations, navigating building codes, or optimizing a property's layout, feel free to reach out.
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22 January 2025 | 8 replies
ARV Potential: Where can we expect to achieve higher ARVs?
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18 February 2025 | 12 replies
It sounds like you would make them available at an additional cost?