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1 October 2024 | 8 replies
Are they separately metered for utilities, or can you bill back to residents?
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1 October 2024 | 1 reply
Hi Chase,I'd recommend leveraging your experience with a lender and utilizing seller financing options.
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1 October 2024 | 37 replies
The beauty of real estate is that you can spend as much or as little time on it as you want, it really just depends on the strategy you want to utilize and how active you want to be.
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2 October 2024 | 9 replies
They ended up having to call customer support.
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2 October 2024 | 13 replies
You should utilize resources like BiggerPockets, build a team, and use online platforms to find potential properties.
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1 October 2024 | 13 replies
You can then find a multi unit that at least has one vacant unit so you can utilize your VA loan.
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4 October 2024 | 10 replies
You would then do the math to remove that exemption and see what the resulting yearly tax amount would be.Since it's your first time being a landlord, it might make sense to utilize a property management company or agent to find and screen a good tenant.
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30 September 2024 | 15 replies
I do not have a sheet but I typically budget $150 for lawn, $150 for pool if applicable, $100 for cable, $100 for water, $300 a month for electric (depending on property size and your local utility costs), $50 for pest control, and another $200 per month in misc.
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1 October 2024 | 2 replies
But remember that for studios, tenants typically would pay their own cable, electric and other utilities and maintenance, so the gap is bigger than just the base rent comparison.Our tenants have the option of paying an extra $10/week to have a mini-fridge in their room, and $10/week for weeks they want a window A/C unit.
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1 October 2024 | 1 reply
Not sure if you have a direct question, but reading the questions between the lines on when a property is actually considered to be in service.Facts and circumstances.Generally for a rental property it is "in service" when it is "ready and available for rent" - meaning you are marketing it for rent, and a tenant could utilize a property that day.