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21 November 2024 | 12 replies
@Nichole Kinard Sounds like a cool project!
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21 November 2024 | 20 replies
Does that sound appealing?
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17 November 2024 | 33 replies
things missing in your list (everyone manages differently, so take it with a grain of salt)Vacancy rateTurn overbad debt legal fees (evictions as needed)accounting fees for professional tax prepmaintenanceProperty TaxesSales Tax on PM fees (In NM, this is charged, not sure about where you are)Reserves for replacement CAPEX - furnace, water heaters, ac, roof, parking lot, etc.Admin, software, advertising, etc.Cost segregation study for accelerated depreciation captureAs for your loan.
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19 November 2024 | 6 replies
It sounds like you have a solid system with clear communication on extensions and vacancy openings.
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18 November 2024 | 12 replies
Hey @Derek Bell,This sounds like a solid investment with good cash flow and upside potential!
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14 November 2024 | 7 replies
We had a plumber replace the entire faucet, again at no cost to her.
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14 November 2024 | 10 replies
Secondly, if the appraised value is less than replacement cost, ADU does not make sense for a value add.
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12 November 2024 | 11 replies
I have had a lot worse and never been forced to replace it to get insurance.
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19 November 2024 | 20 replies
Your short-term plan sounds spot on!
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15 November 2024 | 18 replies
As a beginner, I want to operate an ethical and sound business.