
13 January 2025 | 30 replies
You still have the cost of lease renewals, but that's minimal when compared to the cost of turnover.

15 January 2025 | 11 replies
Selling and buying something else you want keep and doing a cost seg in would help with the tax burden probably better in this situation.

15 January 2025 | 8 replies
Kudos to you for doing something to create a secondary income stream. there are 5 income streams in RE rentals, possibly six if you do things a certain way.The reality here is your model (buy box) is suffering from too high an entry and too high a cost of capital.

27 January 2025 | 21 replies
So a room used for laundry that is 100 sq ft (quite common) costs the owner about $72,000 over the course of a decade (in today's dollars).

3 January 2025 | 7 replies
I wouldn't suggest you buy a single-family home to live in because the additional cost outweighs the benefits.

16 January 2025 | 19 replies
If the floating rate debt starts costing too much and there is no capital to replace a rate cap, reserves run out.

12 January 2025 | 12 replies
It was the best solution but it did cost extra.

15 January 2025 | 10 replies
., to 2.5x or 2.75x) since tenants won’t have additional out-of-pocket utility costs.

22 January 2025 | 20 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

14 January 2025 | 7 replies
Most won't insure pools with diving boards or ones without a VGBA drain.2) Include the cost of a pool company to manage the pool in the rent.