
5 June 2018 | 11 replies
The economics of this city is based off of fishing/oil and gas.

10 December 2018 | 23 replies
The Katy prairie used to be a part of our protection, but now it is becoming one long donut shop/tanning salon/gas station strip mall.

3 June 2018 | 2 replies
Common heating systems include natural gas, wood pellet burning, heat exchanging, and oil burning furnaces.

17 July 2019 | 27 replies
Some improvements to the property are:Exterior steps and walkwaysWasher dryer added in all unitsNew stainless steel appliances: dishwasher, microwavehood, fridge, stove (all the old tenants owned their own)Flooring for the garden unit, refinished the other unitsGranite counter topsPatch drywall and fresh paint on walls and trimUnexpected items list to name a few:Foundation cracks - fixed nowBathroom vents not actually venting - fixed nowRoof leak patch - heavy rains following closing made it apparentAttic plumbing came apart in the walls - previous contractor may not have properly glued?

13 June 2018 | 4 replies
I don't know how much commission is involved but you may want to refer them to a local agent instead of spending a whole day plus gas for a lease, unless the commission is worth it. 5.

3 June 2018 | 9 replies
Ditto what the others have said (usually tenants pay their own utilities), and require them doing so in the lease (especially if the house has gas on top of electric and water).

14 June 2018 | 7 replies
Gas is so cheap that people keep moving out farther and farther to build bigger and bigger homes.
3 June 2018 | 10 replies
If those steel tanks are set up like O2 or SCUBA tanks, there will be a valve on top that you open to dispense the gas inside.If it were me, I'd open those valves to be sure the tanks were empty.

3 June 2018 | 2 replies
Plumbing, will it clog or leak, etc.

7 June 2018 | 5 replies
Property/Deal Profile General Guidelines Purchase Price 700,000 1 Percent Rule (%) 0.857142857 Down Payment (%) 3.50% 50 Percent Rule 3000 Down Payment ($) 24500 Cap Rate 8.214857143 Interest 4% Cash-on-Cash Return 26.73744578 Term (years) 30 Loan amount 687,321 Income Cash Flow Rental Income 1 2500 Total Monthly Income 6000 Rental Income 2 3500 Total Monthly Expenses 5075.33 Laundry Income Storage Income Misc Income Total Monthly Cash Flow 924.67 Total Monthly Income 6,000 Total Annual Cash Flow 11096.04 Expenses Cash-on-Cash Return Taxes 750 Down Payment 24500 Insurance 58 Closing Costs 0 Water/Sewer Rehab Budget 30000 Garbage Misc Other -13000 Electric Gas Total Investment 41500 HOA Fees Lawn/Snow Vacancy 200 Repairs 200 CapEx Property Mgmt.