
11 August 2024 | 8 replies
But it may save some time and energy to deal with SFH maintenance?

10 August 2024 | 7 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

10 August 2024 | 8 replies
If you have more than one LLC, each LLC should have its own set of accounts.Checking: Collect all income here, then use it to pay bills, pay the mortgage, or do maintenance.

11 August 2024 | 4 replies
@Pedro C.It depends on the value of the property but for the typical basic property it’d be something like say $2,000 set-up fee and say $550 yearly maintenance fee.

10 August 2024 | 12 replies
You only need a place to track tenant information, payment history, maintenance, etc.

10 August 2024 | 8 replies
Here is what I proposed:Setup fees : Administration Setup:One Time Fee: $400Guidebook: Using professional photos give the guests a professional tour of the house and how the home works (Wifi passwords // How to use grill // How to use propane fireplace // Hot tub instructions // Sauna instructions //Check in and check out instructions //where extras may be storedOTA (Online Travel Agency) setups: taking professional photos and actively updating your listing on popular platforms;PMS (Property Management System) Setup Smart Pricing Set upWebsite integrationOther (furniture arrangement / design / décor shopping and set up) $50 per hour· Placement fees · Marketing Cost: Variable depending on needs/wants for marketingFacebook AdsGoogle Ads Cleaners: Set up procedures/take pics of expectations· Management fee—30%Guest communicationCleaner communicationSetting Rental rateDealing with small maintenance issuesBooking CoordinationSmart Lock integrationKeeping supplies stocked (TP, paper towel, all cleaning products, coffee, filters, creamer, sugars, teas,)(Receipts would be submitted on a monthly basis for either reimbursement or book keeping purposes)Encouraging guests to leave good reviews by periodically checking in, providing a review template, and ensuring guests receive the amenities they are looking forContinued marketingMajor Maintenance fees—OwnerCleaning and laundry services fees: Cleaning fee to the guest depending on how cleaner wants to charge

9 August 2024 | 4 replies
I utilized 7% for CAPEXand 7 % for maintenance given recent updates .Tenant pay for electricity and gas.

10 August 2024 | 4 replies
If you still have Summers left after that, go to work in an apartment leasing office and then in an apartment maintenance office.

12 August 2024 | 28 replies
My numbers don’t include cap ex, maintenance or vacancies.

9 August 2024 | 0 replies
Using the 50% rule (taxes, insurance, Capex, maintenance, vacancies, property-management), that should give us ~19K/month in pre-tax profits that achieves our 10k/month financial goal after-tax and adjusting for inflation.Our assumption is that building new-construction would reduce capex & maintenance the first few years.