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11 September 2024 | 2 replies
The closest gas stations are 3, 4, and 5 miles away.
16 September 2024 | 6 replies
. - Submetering - I went through the process for one of my buildings (gas and electric).
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14 September 2024 | 4 replies
and that they are not able to fix the gas leaks until after the home is sold?
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18 September 2024 | 29 replies
BR gets a decent amount of bookings from Floridians so gas prices and opened up air travel would be my immediate concern if you are looking for a cash flowing property now.
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20 September 2024 | 114 replies
.), $2.1K of travel (flights & rental cars), $2.3K in software subscriptions (PMS, etc.) and $300 in mealsManagement Fees ($1.7K) - PM fees, booking platform fees, etc.Cleaning Fees ($6.2K) - pass-through charge for guestRepairs & Maintenance ($10.5K) - General R&M ($1.5K), Painting ($1.2K), Plumbing ($1.5K), Pest Control ($500), R&M Supplies ($500), Labor ($3.5K), Linens, Soaps, Consumables ($1.5K)Legal & Professional ($1.5K) - LLC setup & lawyer fees ($350), inspections ($1.1K)Utilities ($6.4K) - Gas (avg. $63/mo.), Electric (avg. $121/mo.), Internet (avg. $60/mo.), Water & Sewer (avg. $107/mo.).Please let me know if you see anything glaring or things that I can work on bringing down or eliminating completely.It's important to note that up until I hired the full-service PM in April '24, I was self-managing from out of state and paid a local boots on the ground resource when needed.
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21 September 2024 | 69 replies
As well those government guaranteed section 8 rents have been consistently increasing every year. 5 Bedrooms are now renting for $2000 plus tenants pay ALL utilities. 3 Bedroom Duplexes are up to $1650 x 2 a month = $3,300 + they pay gas and electric.
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17 September 2024 | 68 replies
If you are taking extensive time managing, spending money on gas, repairs and maintenance you are under water.
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8 September 2024 | 9 replies
@Michael Schaffer Gas stations present some unique challenges.
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11 September 2024 | 4 replies
Key things this week: Inflation DataCPI drops tomorrow, PPI on Thursday—lower gas prices might cool these numbers a bit.
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12 September 2024 | 2 replies
Units are metered separately for gas and electric.