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24 November 2015 | 8 replies
You are still going to have to replace:Oven, Fridge, Dishwasher, Microwave 3xDrywall 1xFloors 2xCountertops 1xWater heater(s) 2xPaint 4x Your repair budget should take care of most of the dents and nicks that will accumulate.Vacancy:8.1% represents 1 vacancy per unit per year.
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15 December 2015 | 11 replies
Expense/Net SheetMonthly Income $7,070.00Monthly Expense Utility $190.00Lawn Care/Snow Removal $25.00Trash Removal $67.00Advertising $0.00 Craigslist and signage in yardInsurance $235.00Odd/End Repairs $75.00Total $592.00Yearly Annual Income $84,840.00Yearly Annual Expense $7,104.00Property 2014 Taxes $14,844.46Yearly Profit $62,891.54Unit Bedroom Bath Stove Fridge Dishwasher Microwave Washer Dryer409 #1 2 1 Y Y N N N N Y 2008 2001 2002409 #2 2 1 Y Y N N N N Y 2008 2001 2002409 #3 2 1 Y Y N N N N Y 2008 2001 2002409 #4 2 1 Y Y N N N N Y 2008 2001 2002401 3 2 Y Y Y N Y Y N 1997 1997 1997403 3 2 Y Y Y Y Y Y N 1997 1997 1997405 3 2 Y Y Y Y Y Y N 1997 1997 1997407 3 2 Y Y Y N Y Y N 1997 1997 1997Garage and Common Area Electric is paid for by Landlord *I assume this is the $190 / month utility figure listed in the monthly expenses.*$208/quarter for dumpster *I'm not sure if trash collection is this or if we have to add another $70 per month for the dumpster.
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1 January 2016 | 40 replies
For example, I will email them and wish them a Merry Christmas and offer to do something nice for the property like paint an accent wall, install a new microwave, tune up the furnace, paint the front door, etc.
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18 September 2015 | 4 replies
You would have to put a small kitchen ( sink and undercounter refrigerator, microwave and counter top) and a bathroom in it.
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23 September 2015 | 18 replies
SELLER CONCESSIONSSeller concessions include, but are not limited to, the following:Payment of the buyer’s VA funding feePrepayment of the buyer’s property taxes and insuranceGifts such as a television set or microwave ovenPayment of extra points to provide permanent interest rate buydownsProvision of escrowed funds to provide temporary interest rate buydowns,Payoff of credit balances or judgments on behalf of the buyerSeller concessions do not include payment of the buyer’s closing costs or payment of points as appropriate to the market.Any seller concession or combination of concessions which exceeds 4% of the established reasonable value of the property is considered excessive, and unacceptable for VA guaranteed loans.
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18 September 2015 | 3 replies
This includes a refrigerator, stove, microwave, dishwasher, washer and dryer.
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10 October 2015 | 19 replies
Hey Matt a trick I learned from the modular home builders is to embed 1/2 OSB on the walls (& flush against the 1/2 drywall) where you will be hanging wall cabinets & again where you need to secure the lower base cabinets esp. if you need further support for heavy granite etc.It sure beats looking for those studs & if you install an above-the-stove microwave it really helps to secure the sucker.
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10 February 2016 | 6 replies
We have them in most of our units and find it manageable to do so.Some landlords don't do over-the-stove microwave ovens.
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15 August 2016 | 15 replies
I would put a built in microwave at the stove location.
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26 July 2015 | 8 replies
The kitchen cost $1400 including all cabinets, stainless steal appliances (microwave, fridge, range, dishwasher) and granite bench-tops.