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6 September 2018 | 3 replies
Based on very little information and having to make assumptions such as no additional income beyond rent (Garage rentals, laundry etc), vacancy of 5%, expenses for 30 units buildings are typically between 40-50% depending on class of property and age of building, assuming class C.
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8 September 2018 | 46 replies
I do this while doing some mindless task like washing dishes (or when the kids are... being kids) and I want to keep "working" but can't use my hands or take notes.
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10 June 2019 | 27 replies
New ceiling in carportInspector suggested some vapor barrier in the crawlspace of one building.new railing on balconiessome new appliances and water heatersNew laundry machinesAt the end of the day, I am still learning, but I am struggling to see what to do to make this thing profitable.
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27 August 2020 | 3 replies
He helps out with the trash and keeps an eye out, so I was cool with leaving him alone while I concentrated on the other units.It was okay till I finished renovating a couple of the other units and created storage and laundry in the basement, where their studio apt is.
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21 May 2019 | 2 replies
The electrical was updated, plumbing was updated, roof on 2 of the buildings are newer, new windows with lifetime warranty on all properties, each property has coin operated laundry, and these properties are fully rented.
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30 May 2019 | 19 replies
To your last point - yes, the tenant could end up doing a ton of laundry, taking hour-long showers, and double tapping on the toilet to run up our water bill.
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29 May 2019 | 16 replies
I later get a call from her saying that it was alot of water coming from the laundry/HVAC room going into the kitchen and into the dining.
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29 May 2019 | 6 replies
., i could try to use a realtor and sell for better, but if renter moves out, i'll have to pay for cost of vacancy and repairs etc during time of listing, it'll be a wash in my view.