Will Reed
Roots in Pipes
19 December 2024 | 7 replies
@Will ReedGet a second opinion from another company (one that just does cleaning and scoping not repairs as the companies that also do repairs tend to recommend repairs).
Huggy Ford
La Jolla Condo with a land lease with SDSU hasn't sold. Pivot to corp/student rental
30 December 2024 | 16 replies
25 day escrow and it should be a clean finish.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
Spending on expensive upgrades is not the answer to improve your tenant base in this type of area.Keep the homes habitable, clean, and safe.
Dan H.
Underwriting STR - Looks promising but deeper evaluation shows poor return
15 December 2024 | 13 replies
Why do you have 24k in cleaning fees as expenses for an STR?
Joseph Beilke
Costa Rica Info
11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.
Tanya Maslach
Who pays - Landlord or tenant?
11 January 2025 | 15 replies
For a good tenant that has paid on time and was keeping the place in good clean condition I probably would have just eaten the charge.
Aaron Kuehmichel
Who pays when Tenant requests 220 volt electric dryer hookup; 110 and gas provided?
29 December 2024 | 13 replies
We used to provide washer and dryer, but tenants washed greasy, oily work clothes leaving the washer unusable until cleaned, or clogged the pump requiring disassembly to remove obstruction.
Nancy Almann
Tenants "out' of the rental, 'but we still need to clean!'
2 December 2024 | 3 replies
Or are they moving out when the cleaning is complete?
Isla Arshad
Tenant Pays Rent Late and now Claims Harassment when filing for 10 days Notice
7 January 2025 | 13 replies
Definitely helpful.I got a lawyer who did overcharge me a bit but the tenant left the property spot clean.