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3 March 2020 | 26 replies
PMS and pricing optimization are my recurring biggest software cost.
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4 February 2020 | 11 replies
DTI still needs to work with the minimum monthly payment, of course, and a way to do that is with interest only payments and a low interest rate, made up for by you offering more in upfront one-time points/fees to your buddy (one-time points/fees, that have been already paid, and that are not to recur according to the written agreement, are not part of DTI).Not all banks or loan officers will be able to help you with this.
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30 January 2020 | 10 replies
They paid in cash for rent as well as utilities and there were no issues.You can also set it to auto-fill the monthly rent charges on the ledger, or other recurring charges, for all tenants regardless of how they pay.
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25 February 2020 | 2 replies
I generally talk to the tenants (during due diligence) to ask if there are any problems that they've reported and haven't been fixed, or problems that keep recurring.
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18 March 2020 | 0 replies
All discretionary purchases are on hold, and I'll be reviewing my recurring/subscription billings to cut charges that are no longer needed.
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18 March 2020 | 0 replies
We have a batch of properties that we took over with tenants late last year, and a number of those properties came with bugs and are on recurring treatment schedules with Orkin.
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23 March 2020 | 7 replies
The higher the sales price, the higher your closing costsCarrying costs: Monthly recurring costs including your mortgage, taxes, insurance, and utilitiesRenovation costs: Consider how much you need to spend if the multifamily property needs to be rehabbed prior to renting it outOngoing repair costs: These are variable costs and may pop up anytime something needs to be fixedTimeline: Your timeline is directly related to our budget and the longer a renovation takes, the higher your carrying costs are.
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5 April 2020 | 13 replies
It also offers the benefit of a recurring customer base who doesn't have to be re-marketed to on every deal you come across.
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12 April 2020 | 8 replies
Closing cost credit b. non- recurring" buyer costs (escrow fees, title insurance, discount loan points, or loan origination charges). c.
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23 April 2020 | 11 replies
I'm looking to develop recurring wealth/revenue in the rental market for a few reasons, one of which being so I can secure flexibility and funding for certain research work and writing that I need to do, but can't do right now due to time constraints (day job requires 40-60 hours per week right now).My current goal is to have 100 doors in the next 10 years, with cashflow of at least $100 per door.