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12 January 2025 | 21 replies
The systems you have in place to handle leads, follow-up and your sales processes are also huge factors.Another factor is what is your monthly marketing budget?
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1 January 2025 | 32 replies
I have used this as well for tenants who don't use the internet and/or don't have a checking account of their own.Otherwise, yes, you could do the PO Box.
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19 January 2025 | 27 replies
Insurance system doesn't work that way.
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20 January 2025 | 242 replies
Simultaneously improve our process and communication systems. 4.
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27 January 2025 | 29 replies
I never give the system or the prepped documents.
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27 January 2025 | 12 replies
It was a good learning experience, but it made me realize that staying away from major rehabs (for now) might be the best move until I have a more reliable system in place.That said, having family in the area like your sister and brother-in-law is a huge advantage!
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12 January 2025 | 8 replies
Build a system that attracts the right audience.
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11 January 2025 | 18 replies
Sad truth of our current legal system, but if you go through the eviction process and he loses all this stuff, you are in the clear.
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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
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16 January 2025 | 16 replies
Brand new everything else, including septic system too.