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2 February 2025 | 1 reply
Will rent for 1750/month.Capex items needed soon: roof, water heater, furnaceArea: A area, appreciation is at about 5% a year but average home price is ~$500K so this home will appreciate faster, this will have multiple offers on itDeal #2 - mixed use, small office with a 3 bedroom and a 1 bedroom over it.Ask: 325KCurrently fully rented on one year leases, bringing in 4775/month but only one tenant pays their own utilities plus owner is responsible for snow removal and landscaping.
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29 January 2025 | 8 replies
I assume you are mostly looking for leaks and water damage?
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26 January 2025 | 5 replies
.: Quote from @James Jefferson: Hi, I have a family member that had a reverse mortgage on their property it's a 3b 1b 1 acre of land heats by oil no hvac and on well water.
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1 February 2025 | 3 replies
The HOA pays water/sewer for all cabins, and this was $9235.97.Our largest expense is landscaping/law maintenance, which is $12,200 for the year and proposed to be $14,400 for next year.
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24 February 2025 | 26 replies
The warm months are now approaching but, for the future, I'd suggest coming in aggressively low during winter months and looking for an 18 month lease to start - that way you'll renew in a better pricing period and see some income while you wait rather than spending three months with none.
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31 January 2025 | 7 replies
I agree with Nathan (don't forget to price running extra water, sewer and electrical lines).
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24 January 2025 | 10 replies
Not sure the cost of this for you but I feel with hot tub and fireplace you already have a lot of warming options and not get much additional revenue.
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23 February 2025 | 16 replies
A water heater replacement is $1500, AC Unit $8,00011.
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29 January 2025 | 12 replies
The unobstructed water views for both front STR units can be challenging to determine additional value compared to other 3-unit properties without views.
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3 February 2025 | 7 replies
They'd also probably be more aware of how much water, gas, or electric they are using when they have to pay the bill after each cycle.