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17 November 2024 | 33 replies
Imputed expenses are important because they will be included as Operating Expenses when a lender appraiser does its appraisal, and also when the lender calculates its Debt Service Coverage Ratio.Regarding pest control, it's not just monthly roach spraying.
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18 November 2024 | 12 replies
Given its age, we’re planning for a roof replacement and two new AC units within the next few years, which we estimate will cost around 15 - 20k in total.Our single family rental, built in 2020, is newer, so we don't expect major repairs anytime soon.On average, the duplex runs about $400–500 per month in maintenance and repairs (including significant repairs like AC replacements), whereas the SFR averages under $100 per month.
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15 November 2024 | 13 replies
So it's possible someone could, however, it seems unlikely from everyone I can find, including the title company's .
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18 November 2024 | 13 replies
The second option is that she go to court, where she will lose, you get a judgment for everything owed including cleaning and repairs, and then you send her to collections where it will prevent her from qualifying for another rental, getting a car loan, etc.
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18 November 2024 | 13 replies
I have plenty of both including multifamily and I love them all.
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15 November 2024 | 1 reply
Is there something in this I should include especially with the delayed purchase?
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23 November 2024 | 38 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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16 November 2024 | 6 replies
Can you give us some context, including your monthly rental income and your loan payment?
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16 November 2024 | 3 replies
Utility Costs (Water, Gas, Electricity):- Paid monthly by the tenant unless included in rent.
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14 November 2024 | 10 replies
If it's not included in the rent, many companies charge a flat fee to monitor & pay utilities.2) Assuming you're referring to resident benefit packages, renters insurance, and other charges for services the PMC offers to tenants.