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19 January 2025 | 13 replies
Other software also has bank feed integration, automated income tracking, receipt scanner, accountant-approved reporting, etc.Of course, it totally depends on what features you prioritize!
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20 January 2025 | 12 replies
Feel free to reach out if you have any questions or just want to talk.
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15 January 2025 | 15 replies
Of course the tenant doesn't want to pay, she's got a free ride.
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7 January 2025 | 2 replies
I have a city rowhouse with a 20' sidewalk and 5' wide steps with 9 treads and two 7'x7' landings. It's a 4 family, I just don't want that kind of transactional relationship with any tenants. At another property with ...
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19 January 2025 | 6 replies
You’d be able to pull out $330,455, which is significantly more than your initial $236,930 investment.Your Initial Investment Back: This means that in 5 years, you’ll not only get your original investment back but also keep an additional $93k in your pocket.However, there’s a downside:Negative Cash Flow Impact: Over the next 5 years, due to the negative cash flow of $1,229 per month, your total cumulative loss will be $(60,153).
21 January 2025 | 7 replies
Feel free to reach out if you need any recommendations or assistance with your projects.
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21 January 2025 | 3 replies
Whether you need advice on selling your property or transitioning to your new business model, feel free to reach out!
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18 January 2025 | 6 replies
Some numbers:Expected 2026 income after raising rents to market value and assuming 7% vacancy: $144k.Expenses: $14k property management, $18k property tax, $10k insurance, $10k utilities, $8k in repairs/maintenance/advertising/admin/etc: Total operating expenses: $60kNOI: $84kBased on 6% cap rate that brings the valuation to only $1.4m, or $1.5m based on 5.5% cap rate.
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16 January 2025 | 78 replies
Feel free to reach out if you have any questions about Birmingham.
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22 January 2025 | 4 replies
For me, if I make $1500 net per month on a free and clear property I would make $18,000 / year.