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3 December 2024 | 7 replies
Will definitely utilize it all soon :).
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2 December 2024 | 3 replies
@Dennis GallagherIt's my understanding that the "Income-Expense Ratio" primarily use operating expenses as the expense variable, which includes costs like utilities, property taxes, insurance, maintenance, repairs, property management fees, and trash removal, all of which are considered when calculating a property's operating expense ratio (OER).You calculate OER by dividing the total operating expenses by the gross operating income of a property.
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7 December 2024 | 8 replies
Investors typically won't care that you're representing the seller and others will prefer that you're direct to seller.Listing it on the MLS will get the most inquiries for the property.
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21 November 2024 | 3 replies
Quote from @Pat Arneson:Usually, the city website has all the utility companies for the city that you should be contacting.
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2 December 2024 | 4 replies
I'm curious if this discrepancy is typical of other regions as well.How accurate is the data on this site?
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27 November 2024 | 4 replies
It is typically caused by excess humidity (showering or cooking) and can be resolved by teaching the tenant to use ventilation fans and airing out the home once a week for 10-15 minutes.
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7 December 2024 | 9 replies
Even without a budget for repairs/etc - let's just define "cashflow" as income left over after PITI & utilities for a moment - Mac Groveland and Highland Park are going to be tough.
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6 December 2024 | 10 replies
Yes, since the property was under contract before you backed out due to inspection results, the inspection fee can typically be treated as a capital loss.
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4 December 2024 | 25 replies
To what extent does landscaping typically add value to a property for the purposes of appraisal and re-financing, compared to other improvements?
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2 December 2024 | 9 replies
(prorating utilities by tenant head count for instance).