
12 August 2018 | 9 replies
He did provide me with the current rent roll, 1 year bank statements, water/sewer/gas/tax bills.Here are the numbers based on the bank statements for 1 year:Total income: $82816Total expenses: $75967The park isn’t making much profit but if the occupancy stays at its current rate or increases, it seems like a good deal to me.

20 November 2017 | 14 replies
Remember that you always have option to choose between actual expenses, but with prices of gas still low and mileage deduction still high @ $0.535 / mile mileage deduction will likely be more beneficial to you.

1 November 2017 | 0 replies
He lets me know that he put in an additional sump pump on the other end of the basement, replaced the gas valves in the boiler and water heaters, is having the mold taken care of, and has fixed a few other odds and ends.

3 December 2017 | 152 replies
I am saying this to show that the numbers you provided, when realistic estimates are used, show insignificant cash flow.Yesterday I experienced my 4th unit in 4 years to have a slab leak.

4 December 2017 | 32 replies
She is older and she had leak from the roof, she pulled money together to get it fixed.

8 November 2017 | 43 replies
I once called a guy to replace a gas line and he did a great job with a fair price.

6 November 2017 | 10 replies
The rent will top out at $700/moTotal Gross Rent $3,830/moHighlightsEach unit is separately metered for gas and electric (Tenants pay)Over $100,000 worth of work performed by Property Company representing the seller since 2016.

21 November 2017 | 25 replies
Since Allentown has a mixture of oil, gas and baseboards, the onus of heating is on the tenant.

4 November 2017 | 7 replies
Kitchen sink leaked when tested, but it's all in the pipes and just needs put together correctly.The electrical isn't great: some ungrounded outlets and a double tap in the box.