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29 October 2024 | 5 replies
@Devin Voelker$1,800 x 8 months occupancy = $14,400 annually $1,200 x 12 months occupancy = $14,400 annually Are you confident you can get over 8 months occupancy for the midterm?
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1 November 2024 | 17 replies
Intro letter to tenants requesting updated contact information, maintenance problems, how to pay rent / contact our office etc.2.
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6 November 2024 | 54 replies
Insurance in TX increased substantially in the last years, on average 10% per year, in some cases even experienced 30% annual increase.
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30 October 2024 | 15 replies
Higher maintenance cost.
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31 October 2024 | 7 replies
See maintenance/repairs below foradditional information.
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30 October 2024 | 2 replies
Even though I have a great corporate sales job with a W2 income over $200k annually, I've always known I didn’t want to rely on that income forever.
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7 November 2024 | 45 replies
We started doing bi annual inspections of the properties asking with 6 month leases so we could go in and keep an eye on our property. 6 month lease don't work for section 8 but we were able to inspect.
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31 October 2024 | 44 replies
You don’t have to skimp on the neighborhood or the quality of the house, but if it is a nice little 3/1 or 3/2 single family home in nice condition with no deferred maintenance, then your chance of making a mistake or getting hurt financially while you learn is limited.
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31 October 2024 | 12 replies
Hi Kyle,Given your plan to acquire 19 rental units over 10 years, here’s a realistic projection:For cash flow, assuming each unit rents for about $1,200 to $1,500/month and generates $300-$400 in net cash flow after expenses, you could see $68,000 to $91,000 annually from 19 units.Appreciation typically runs at 3-5% per year.
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9 November 2024 | 87 replies
I bet ya all the water used in the current gasoline/diesel/ethanol process would offset a big chunk of that annual water use for hydrogen.