The utility company missed an appointment and no communication from them or action to even reschedule.

Keep in mind that pool maintenance and chemicals will set you back several hundred a month, plus higher insurance, utilities etc.

Though we have utilized higher cash flow strategies (short and mid term), we have made more in appreciation than cash flow.

It is very competitive but if you utilize good resources and think smart you can do really well!!

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.

There is a 'no seasoning' program that I utilize for the fastest BRRRR clients, but your rate will be slightly better (0.25-0.375%) if you hold out for closing on a refinance after 90 days.

If you do have enough other income then you dont even need to lease out this property to start your refinance.However if you dont have enough income to qualify with no rental income offset then yes you will need to obtain your lease(s) and security deposit + 1st months rents deposited before you can utilize 75% of this gross income - your monthly PITIA payment (in terms of qualification on this property refinance.So all in all Id make sure what your current debt to income position is first of all (DTI) and then strategize to see if you even need the leases at all.

The PM change the electric utility to the PM's name.

I reduced my responsibility to only taxes/insurance while the tenant buyer does the maintenance, pays utilities and makes monthly payments to me. 

I am interested in utilizing space again for group meetings, workshops, and for clients who may still desire private space.