60% is if landlord pays the water, gas , electric etc.If you the landlord do not pay any of that and it is direct billed from the electric company to the tenant on separate meters then I use 50% expenses.You have when purchasing IMMEDIATE CAPEX and ONGOING CAPEX.

For properties outside of the East Bay such as Marin, Sonoma, San Francisco, South Bay and the Peninsula I would request some gas allowance.If you're looking for a reliable, hard working and organized partner to help keep your projects moving along and within budget send me a note and we can discuss further.

Keep the business side separate in everything from your personal life, if you want money out of it, take a draw and don't tap the business every threes days for gas money.

the house with the missing gas furnace and AC was insured but with the butcher job of the removal and cut lines and ducts, I'm sure it could not be repaired for $5,000 but it was listed as insured.And other cases there have been relatively minor flaws, well less than $5,000 and the property is listed as uninsured.And then there is the third type of property, where I marvel how the property was financed FHA the first time as there are clear major defects that would be rejected by an FHA appraiser, so how did it become a HUD repo?

Won't even go into the water quality, how clean the natural gas is, temp settings or voltage surges.I don't know how many members here manage or oversee more than 1,200 units, but preventive maintenance is necessary to reduce costs, especially with collateral damage from an element failing.

In America, natural gas is plentiful and cheap.

Our business gas been selling land positions during this unprecedented downturn, leaving me with no income so now I am buying properties to fix and hold or sell-----anyway.Land is very speculative and you really need a good working knowledge about the whole process .

There is talk of significant new oil and gas development that I'm guessing is bringing in more investors, but we hope to figure out our niche.We are trying to figure out exactly what we want to pursue and in the meanwhile just looking for great deals and learning about what's out there.

Cal@Darrell Shepherd you are right, I need to factor in vacant, repairs, management, but they are SFRs so tenants are paying for water,power,trash,gas, etc.

Being foreigners we started with a zero credit score although we have now built this up to a stage where we have a credit card and no longer on prepaid gas.