8 January 2025 | 3 replies
., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.
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11 January 2025 | 9 replies
I wouldn't be opposed to having a little skin in the game (closing costs, inspections, etc) I would be living there paying market rent and doing the improvements myself.
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10 January 2025 | 17 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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8 January 2025 | 14 replies
Some say it increases bookings, while others mention concerns about damage and additional cleaning costs.
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10 January 2025 | 28 replies
Look at the age compared to there useful life and cost to replace.
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6 January 2025 | 1 reply
Obviously I want to keep my costs low but still want to spring for amenities that would give me a competitive edge compared to other rentals.
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10 January 2025 | 15 replies
I prefer to stay further from the coast and hopefully further from major storm/flooding events (potentially lower insurance costs).
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3 January 2025 | 10 replies
Are there other, more cost-effective alternatives to gain similar support and knowledge?
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11 February 2025 | 69 replies
Also, many students are complaining about the cost of the large buildings that are closer to campus with rental rates that keep increasing.
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8 January 2025 | 29 replies
I can't imagine flying out there for a day or two with a hotel can cost you $10K.Flying out there is like you paying for an insurance.