Capital Expenditures (10-15% of Income)Rule of Thumb: Reserve 10-15% of your income for capital expenditures (CapEx) like roof replacement, HVAC systems, or major renovations.Why: Regularly contributing to a CapEx fund ensures you have the cash on hand for significant improvements or replacements, preserving the value of your properties.5.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

I have seen properties convert the radiant heat system to electric board heating style during remodels.

Reason I say "NO" to any Heloc if its for a Down payment or over $150K is because Heloc rates will remain higher and the terms are always under 30 years versus a mortgage.

Also, if you're ok with value add or C location properties, you can find cash flowing rentals in ColumbusMidterm rentals are a good way to maximize cashflow with the right systems and marketing in place.

It may not be possible, but if you're going to go the appreciation route (versus cashflow), then you're best off targeting 5+ unit properties where you can force the appreciation by driving NOI.

. ■ Mortgage ( 20% down so no PMI ) ■ HOA■ Electricity ■ Gas ( None because new construction house has electric stove ) (Everything is electric )■ Water Bill ■ Camera Security system ■ internet ■ Lawn Care■ Regular Maintenance □ Will I need to pay for " Trash " ?

I put an honest effort into his system and he heartlessly screwed me over too.

We installed an interior French drain system in the basement, because we knew that the neighborhood is prone to water intrusion.

Even when we try to simplify by going through County versus City, there are still nuances that you'll want to make sure you cover before you move on your decision.