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19 December 2016 | 11 replies
Spoke with my repairman and he suggested the following:"the small screws that hold the unit to a wooden window do little to prevent breakins.
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16 September 2016 | 10 replies
Yes i figured that but the units are tiny.
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2 September 2016 | 6 replies
During that incident it appears as though the roof pushed through the flooring and broke the joists/base holding up the floor (wooden frame house).This damage which is structural requires for the entire frame to be rebuilt.I have contacted a few contractors and the estimated cost is between $75k to $85k to rebuild the home to code.The downside is that this being a smaller city and rent being low, the properties in the area are selling for about $50k.I'm not sure if I could get a loan to rebuild and hold the property long term?...
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3 September 2016 | 23 replies
Not exactly a tiny brokerage, and their familiar with the process and okay with it.
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5 September 2016 | 7 replies
The horse is "king" in this area with pristine pastures surrounded by white wooden fences.
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3 September 2016 | 1 reply
If you are planning on hiring a property manager (or if you think you will ever have one for the property, even if you don't have one now), they usually will charge around 1 months of rent for just placing a tenant.Even though they are a condo and townhome, that is a tiny amount of cash flow each month.
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9 September 2016 | 10 replies
Basements, Backyard cottages (tiny houses), Garage unit conversions.
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19 September 2016 | 14 replies
Such safe income properties in this price range make sense when annual rent is 10%-12% of the property price.High Cashflow InvestmentsHere is an example: wooden frame house build in the 70's, selling for $35k and rented $650 per month.You should be aware that there is a qualitative gap in tenant sociological category when rents are lower than $900 per month.
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24 August 2017 | 11 replies
Matt, Justin, and Rick, I have a tiny bit of experience rehabbing.