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26 November 2024 | 8 replies
For example I have some units in VT that are a 1.5% rule and am looking to move but have not had a lot of bites and units sell for around $75k a piece I pay 10% total rent for management expenses.
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27 November 2024 | 4 replies
These include the actual cash flow (NOI), Your net cash coming in after expenses and allowancesDepreciation - the tax benefit that lowers your taxes.
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26 November 2024 | 21 replies
While cleaning is a huge and necessary expense, you can also make part of your ROI by adding an additional amount to the cleaning fee.
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28 November 2024 | 22 replies
Overhauling that would be a major (expensive) upgrade.
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27 November 2024 | 1 reply
This is when you buy a primary residence (1 to 4 units, the more the better) which you can usually get for a very low down payment and get the best interest rates on and then rent out other units and/or bedrooms within your unit to pay for the mortgage and other expenses.
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25 November 2024 | 22 replies
Lastly, there's an expense tab for each property that allows you or your bookkeeper to list questionable expenses each month from the PM reports.
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28 November 2024 | 8 replies
The way I see it is most homes will cost you 25% down and renovations out of state will be difficult or very expensive so the ability to force appreciation becomes tough.
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4 December 2024 | 18 replies
No need for Wyoming LLC, huge wasted expense.....topic has been discussed at nauseam in these forums.
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27 November 2024 | 6 replies
It could be an expensive battle.
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26 November 2024 | 7 replies
A huge wasted expense re-titling the property to a new LLC.