
11 October 2021 | 21 replies
.$1,750 monthly rent (Local PPM feels $1800 is a done deal based on comps)$21,000 gross rent-$2,100 PPM fee-$2,300 taxes-$1,700 HOA fee (landscaping, roof, siding they take care of)-$900 yearly repairs (call the plumber, the heating guy, etc)-$1,100 yearly accrual (eventual paint, carpet, new appliances)-$400 CPA (I use $400 against each rental)-$1,600 insurance-$200 stuff I'm not expecting-$1,750 (1 month vacancy, every 2 years, plus marketing costs)$8,950 net profit / $257,000 = 3.48% ROI with no appreciation.Yes, one can buy a share of Coke to make 3%, or a share of Chevron to make 5% but like all investments, things go up and down.

1 September 2021 | 17 replies
There's no central heat, only resistance baseboard, so you're going to have a hard time keeping renters with how high the utilities will be.https://www.zillow.com/homedet... 5 trailer trailer park.

2 September 2021 | 16 replies
If so, heat rising is expected.

2 September 2021 | 2 replies
On Time Experts, Air Patrol AC& Heating etc.

2 September 2021 | 1 reply
Assume the roof needs replacing, plumbing leaks everywhere, there are no appliances, no heat...

11 October 2021 | 14 replies
Older heating systems can be up to $10k per unit.

25 September 2021 | 1 reply
Last Year I bought a 4 family property in AC. 3 of those units get their heat from one furnace.

7 September 2021 | 2 replies
Storage areas can include built-in cabinets, closets, attic space, and even outdoor sheds, etc.Laundry: Including a laundry area and machines is a big bonus for tenants, as they compare that with apartment living where they would have to use common laundry machines that require payment.HVAC: Make sure to include an effective dual heating & air-conditioning system to service the ADU, so your tenant is comfortable in the unit.Kitchen island: It may be difficult to squeeze in a kitchen island in a small ADU, but it’s a big bonus if you can make the space.

6 September 2021 | 7 replies
I am getting estimates on replacing a old oil boiler with a new gas boiler to heat the rental house.

30 January 2022 | 18 replies
I have never replaced a heating/cooling system that was operational.