Nick Henry
Appreciation or Cash Flow Focus When Starting Out
3 February 2025 | 32 replies
I used my house hacking here in Los Angeles and utilized the equity to buy out of state.
Luis Marin
Sell or Rent How do we identify what is best for us?
4 January 2025 | 5 replies
. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00
Tiffany Palaskas
Sell or keep income producing duplex
1 February 2025 | 51 replies
Usually MTR comes fully furnished with utilities included, so you pay for the convenience.if the area has traveling nurses, other professionals that come for a few months for work they normally pay more, in certain cases the employer pays the rent not familiar with that particular market, but worth looking into it.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
31 January 2025 | 19 replies
Utilize your resources on here and I'm sure you can come to a happy conclusion on wheather to self manage or hire a PM company.
Devin James
We Need Higher Density & Smaller Homes - Thoughts?
12 January 2025 | 54 replies
And via the clustering we are utilizing green-space in a communal manner thus reducing foot-print of that BUT retaining such perception as each unit has walkout to what seems a BIG green space.
Kyle Carter
Apartmetnts with all section 8 tenants
5 January 2025 | 7 replies
I would count on having at least half market rate tenants, in the event Section 8 rents are higher than market, which they are in our market (granted you will need to subtract the utilities from the rent).
Anthony Poulin
Starting a Long Term REI Business Starts Today! Lets go!!
22 January 2025 | 8 replies
My wife not comfortable putting our house as equity, therefore we are utilizing other options to fund investment properties.
Buddy Herbruck
Wholesaling Land DD Period
30 December 2024 | 1 reply
Start with a standard offer, and write a contingency into it for electricity, all the below ground utilities, and then work your way to zoning, permitting etc.
Greg Grisez
Tenant shot & in the hospital
11 January 2025 | 18 replies
Hope this helps...https://www.starkhelpcentral.com/rent-utilities-assistance
Nicholas Haubner
4-family to 5-family with owner occupied unit
4 January 2025 | 5 replies
That's the reason there are so many fourplexes and so few fiveplexes or even sixplexes.From what I gather, post offices and utility companies rarely care much about the permitting/zoning issues, so it probably wouldn't have been hard to get those set up.