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26 June 2024 | 5 replies
Here is my situation :I am 40 years old, I have no mortgage, and my only bills are my car lease, phone bill, car insurance (my partner covers utilities) and groceries for me, girlfriend and my kids (when I have them) and my take home from my day job is about $900 a week.
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25 June 2024 | 31 replies
We would not have been able to relax (retire sounds so final) early without our housing and utility costs being completely covered as they are.
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27 June 2024 | 47 replies
Are utilities for SFH paid by tenant or landlord in OHIO?
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25 June 2024 | 3 replies
Property taxes, Insurance, Utilities, Mortgage payments, sometimes you may also pay a vendor directly, etcYou should be giving to your CPA the form 1099, Year to date PM Statement, form 1098 along with expenses that you paid for directly outside of the PM Company.Best of luck
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27 June 2024 | 41 replies
I took the family on a road trip to Johnstown and checked out some of the properties, I talked to the local utility companies, the title company, insurance company, etc. and everything seemed legit.
24 June 2024 | 3 replies
The 50% rule states that approximately 50% of EGI will typically be consumed by operating expenses.While the 50% rule provides a quick estimate, actual expenses can vary widely depending on the property type, location, age, condition, tenant mix, and market conditions.Here's an example: if a property generates $200,000 in EGI per year, the 50% rule suggests $100,000 would go towards operating expenses like taxes, insurance, utilities, and property management.
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24 June 2024 | 4 replies
Anyone have any knowledge on how to utilize their services with regards to this?
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26 June 2024 | 16 replies
A lot of the fees will include all of your utilities including electric, internet, water & sewer etc..
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26 June 2024 | 33 replies
Have you done any detailed research on land availability near Sedona, regulatory issues, builders for the type of property you are contemplating, conservative revenue forecasts based on actual comps, cost of a support network (cleaners, maintenance, etc), cost of utilities?
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26 June 2024 | 18 replies
@Carl Stenberg I can understand why management LLC's are utilized if there is an ancillary business that can operate on its own, but most on BP form management companies for asset protection despite adding no true benefits.