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18 January 2025 | 7 replies
Hey, Jaycee, I've only been running it for a couple of months now since I closed but it's been doing about $6000/month in gross rents so far, this month will very likely be closer to $4500-ish since it's by far the worst month of the year for rentals in that area.
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15 January 2025 | 7 replies
But usually section 8 is the same or slightly above market rents.
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21 January 2025 | 1 reply
I am currently in the market to purchase a tri-plex with the plan to live in one unit, make upgrades, and rent the other two out.
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23 January 2025 | 3 replies
I have two options 6.625% 30 year or 6.15% 15 yearI want to invest aggressively in the near future on more propertiesThe loan is only $110k and the monthly payment for 15 year is $563 and $750I will earn 2-3k a month in gross rental revenueThe property is in a declining population areaRecently rennovated, and all major things were relatively recently improved such as plumbing, the roof, a/c, electric, etc.Will require a lot of management as it is rent by the room so I may switch to a normal rental after 10 yearsI'm trying to find what will mathematically net me the most money in the long run.
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21 January 2025 | 5 replies
Is your total monthly rent around $12k?
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15 January 2025 | 10 replies
Seem like a silly question but I'm renting out my first rental in the Bronx.
20 January 2025 | 6 replies
Just a builders risk policy if you are doing an extensive rehab on the property and then a landlord dwelling policy when the property is rented.
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30 December 2024 | 11 replies
Just sent them a rent increase notice every year.
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16 January 2025 | 5 replies
We bought it because it is in a great spot for long term appreciation and rent growth.Our new house in Santa Cruz County was a deal we couldn't pass up on.
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5 February 2025 | 38 replies
The SEC claims Fossum misappropriated hundreds of thousands of dollars from the funds by living rent-free in a fund-owned home and having the funds pay for extensive international travel and his federal taxes.