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27 January 2025 | 7 replies
Also google their name and cell phone number.
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19 February 2025 | 1 reply
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31 January 2025 | 6 replies
It's simple enough to make a row for income, and another for expenses, and then subdivide those expenses, and add them up in the total expenses cell and then subtract the gross income from those total expenses to get my net.
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15 February 2025 | 9 replies
I would say it's not worth rocking the boat for less than $200 additional per month, when you look at what you're overall ROI. if it's really that big of a deal to you, maybe consider canceling the pest services that you know are being utilized and would facilitate not having a roach problem, so that you can save that extra money every month and have that money back instead of raising the rent price to the tenant.I have seen this in many different places, Metropolitan, rural and otherwise, and it doesn't necessarily matter with the market rent is you're not always going to get that.
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17 February 2025 | 24 replies
One of my places had a little extra room next to the kitchen so we made a dedicated coffee area with a coffeepot, a drip setup, a french press and a pod machine.
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14 January 2025 | 5 replies
While it might feel like an extra charge to tenants, these packages often provide value that indirectly benefits the property owner as well—like reduced maintenance calls or ensuring the property is better protected.In my experience managing a large portfolio of properties, these fees are becoming more common due to the thin margins in property management.
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17 February 2025 | 13 replies
In Real Estate, TIME IS MONEY.Getting a rehab loan done quickly is worth paying an extra few points in order to be efficient as you will be able to expand your BRR business which would yield results greater than the increased cost of capital that hard money brings.In order to escape a scarcity mindset you need to understand that money is in theory unlimited, they print it.But can you print time?
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13 February 2025 | 5 replies
If I can find a property that just needs cosmetic updates, covers its expenses, and leaves a little extra, I’m interested.
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12 February 2025 | 2 replies
The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.
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10 February 2025 | 9 replies
Quote from @John Underwood: Are you sure it's not $600 extra per year?