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2 February 2025 | 6 replies
Renovated in 2023, annual gross rents $144k + utilities.
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31 January 2025 | 17 replies
Does anyone utilize high interest savings accounts for their cash flow.
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23 February 2025 | 18 replies
Each persons ability to take advantage of opportunities and/or incentives will be unique.Overall you want the find the highest and best use of your cash that delivers the fastest return.If applicable to an owner occupant purchase, the best use of funds would be to accomplish getting down payment assistance, utilize a 203k or HomeStyle loan (to force the equity), and to house hack.
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4 February 2025 | 18 replies
My basic underwriting making some standard assumptions on HOA expenses, 20% down, 7% interest rate, 30 year mortgage, utilities, supplies, and maintenance costs shows a loss of about $22k per year if you are self managing.
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28 January 2025 | 11 replies
The ONLY exception is that a landlord may charge two months' rent if the tenant qualifies for utility assistance, the lease requires the tenant to pay utilities directly to the landlord, and the tenant and landlord agree in writing.
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27 January 2025 | 0 replies
Recognizing their critical role, the Best-Performing Cities (BPC) index evaluates the relative economic performance of 403 metropolitan areas, providing valuable insights into the strengths and vulnerabilities of these economic powerhouses.The BPC index utilizes 13 key metrics, combining labor market conditions, high-tech industry growth, and access to economic opportunities.
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5 February 2025 | 15 replies
I can's imagine a situation where all 4 tenants have elected to hand wash their clothes and use the dryer (there is no utility sink in the laundry room).Can you think of any reasons why the dryer would be used that much more/washer used that much less?...
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11 February 2025 | 12 replies
I would also contact the tax pros in the header and get their opinion and maybe utilize them for that reason.
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29 January 2025 | 25 replies
The utility company missed an appointment and no communication from them or action to even reschedule.
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9 January 2025 | 3 replies
hi all i am a new landlord and got my first rental property. tenants moved in in September and October. the first month was fine but when December hit it got extremely cold and the heating is electric. due to poor insulation in the home that we did not know about the heat has to be turned very high up to keep the home warm, however since everything is electric it is causing the electric bill to be $800. the utilities are the tenants responsibility. however because of this one of the tenants has been extremely non compliant with paying rent.