
19 July 2024 | 2 replies
To answer some of your questionsGross monthly cash flow is $3200 rent - $2550 expenses = $650 Yearly cash flow= $7800Vacancy 8-10% is close to 1 month's rent so = $3200 yearlyRepairs: 5x rule = $576 yearly CapEx: 1% of property value yearly= $4,000 (includes Special Assessments)Once I deduct vacancy, yearly repair budget and capex estimate I'm breaking even, but is that real?

18 July 2024 | 8 replies
When I move out in Sept, get married, and fill my current room, I'll basically be breaking even after expenses and maintenance.

20 July 2024 | 13 replies
OK let me break it down for you.Your entire post is about how AI can do driving for dollars better.

19 July 2024 | 0 replies
As part of the Biden/Harris plan to boost housing affordability, the White House is proposing a 5% maximum annual rental rate increase for corporate landlords (or forfeit federal tax breaks).Single-family rents rise faster.

19 July 2024 | 4 replies
Add water meters to separate the exterior usage to the building usage (sometimes the water companies will provide a break for that portion).There are a lot of things to consider and utilities are a big part of operational costs associated with apartment ownership and management.Best wishes to you.

19 July 2024 | 13 replies
However it seems that things are changing, even if housing prices settle out in the coming months and years, they still are and still will be at record breaking highs, which has left my generations purchasing power significantly lower than any others.

18 July 2024 | 0 replies
The goal is to make at least $1,500 per month to break even.

18 July 2024 | 2 replies
Looks like the only option to do a break even or cashflow with current prices in the area.

19 July 2024 | 11 replies
Interested in knowing if you get calls about remote not working, breaking, or lost.

18 July 2024 | 11 replies
Because if they are they and break you have to replace.