Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
Job included inside work of leveling floors, installing flooring, paint walls, kitchen cabinets, etc in both units, as well as lay a new driveway, fence the back yard, provide attic fans, and install electric to the crawlspace to add lights and a sump pump.
Marc Robinson
Community input on a small mobile home park, distressed with high vacancy
13 January 2025 | 10 replies
Electric is metered separately from the utility.
Kris Kempe
Subject to exit strategy PLS HELP
22 January 2025 | 13 replies
Typically, since I'm well connected because of flipping, HVAC, roofers, lawn care, carpenters, kitchen & bath & plumbers and electrical all are good sources.
Jules Aton
Back in the day...
13 January 2025 | 16 replies
My big bold move was to rent them at $150 month with tenants paying for heat and electric.
Noah Bacon
BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
I’m honestly surprised that BiggerPockets would partner with a platform like Stessa without pushing them to fix some severe bugs first.
Sami Gren
WHAT to do when adding a tenant to an existing lease?
7 January 2025 | 16 replies
An example of that is tenant must pay for additional electric over flat fee / flat limit since now there is 2 occupants in the home instead of originally one.
Dean Klein
True dimensional 2x8 insulation question
31 December 2024 | 4 replies
You can use bat insulation or spray foam, which has the added benefit of giving you an air-tight seal and also keeps the bugs out.
Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
My hunch is that's $85K for the garage itself before plans, permits, engineering, sewer line, electrical panel, etc.
Jerell Edmonds
Spilt utlities or add another meter ??
1 January 2025 | 12 replies
Electricity can also spike in the summer with A/C.
Luis Marin
Sell or Rent How do we identify what is best for us?
4 January 2025 | 5 replies
I carried double the cost on Gas and Electricity to be safe. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00