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5 January 2025 | 9 replies
Things break and issues occur every day of the week, uplanned.
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7 January 2025 | 3 replies
There are two issues (opportunities?)
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5 January 2025 | 17 replies
There would potentially be some weight issues with the 2nd+ floors of some shopping malls, depending on what the potential tenant wants to store in the upstairs unit.
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7 January 2025 | 3 replies
The biggest issue is that forgetting to assign a location or choosing the wrong one can mess up your balance sheet, leading to inaccuracies.
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31 December 2024 | 66 replies
Said it great .Especially A legal contractor has more to lose than a homeowner .
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26 December 2024 | 4 replies
There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.
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3 January 2025 | 11 replies
those with score averages between about 625 and 685 have issues, but generally are manageable.
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30 December 2024 | 7 replies
Most are fine with that, but a few will have problems with it and claim there are legal issues, etc..
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4 January 2025 | 5 replies
. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00
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3 January 2025 | 3 replies
Doing so ensures compliance with your lease agreement and avoids potential legal disputes down the line.In conclusion, adding your property manager to your insurance policy as an additional insured is a crucial step in protecting yourself and your property manager.