Ari Wertheimer
Innovative Net Lease SFR Strategy
8 January 2025 | 0 replies
It was high rent, low entry point area but within 6 months I dealt with an eviction and electrical issues.
Chris Garnes
Please help - advice needed to complete two flip properties.
2 January 2025 | 2 replies
Estimated cost for remaining changes (all new electric, drywall, tile, fixtures, cabinets, roof, doors, windows, heat pump, some siding, and fencing.
Charlie Green
Foreclosure Deal in Cleveland OH
16 January 2025 | 5 replies
did half the flip work, sold with new walls and new electric/plumbing.
Joel Oh
salt water hot tub
13 January 2025 | 23 replies
When electricity passes through the titanium it acts as a catalyst that converts the dissolved salt (aka sodium chloride) into sodium and chlorine.
Franklin Marquette
Renter's Insurance Liability Requirements
14 January 2025 | 4 replies
The tenant understands that the property of the Tenant is not insured by the landlord for damage or loss of any kind (action of third party, fire, water, theft, vandalism, storm, heat or cold, electrical damage, pests, mold, accident, etc.), and the Landlord assumes no liability for such loss.
Chris Garnes
Please help - advice needed to complete two flip properties.
10 January 2025 | 5 replies
Estimated cost for remaining changes (all new electric, drywall, tile, fixtures, cabinets, roof, doors, windows, heat pump, some siding, and fencing.
Danielle Weaver
How to protect yourself as an owner who pays utilities
17 January 2025 | 5 replies
Electric: is the easiest to split, but may require holes cut in walls to separate the units.Gas: gas lines aren't as flexible as wires, but it can usually be done affordably.Water: most cities will NOT install additional water meters on a property.
NA Lewis
Our First Property in Canada
3 January 2025 | 1 reply
Purchase price: $630,000 Cash invested: $120,000 Completely gutted this property, brand new electrical, furnace, propane, finished basement to create separate unit.New garage with rental unit.
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.
Luis Marin
Sell or Rent How do we identify what is best for us?
4 January 2025 | 5 replies
I carried double the cost on Gas and Electricity to be safe. ==== 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