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3 January 2025 | 5 replies
Since I was only filing on major things like underground utilities, fires, etc.
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3 January 2025 | 7 replies
You're on a great track - best of luck and definitely utilize BP as much as possible!
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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).
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25 January 2025 | 155 replies
I think you would have to join the course to know the other ways this Gator method could be utilized as he doesn't reveal everything in his YouTube videos.
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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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11 January 2025 | 420 replies
.)$10K out of my $30K line is only about 34% utilization maximum after I take each chunk.
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20 February 2025 | 114 replies
I'm fairly bullish on the sector.I qualify for the CARES Act penalty free 401k withdrawal and I plan to fully utilize this.
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29 December 2024 | 15 replies
Would you be willing to describe a bit more about how you determined your utility caps?
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2 January 2025 | 4 replies
Good afternoon, everybody and Happy New Year,For those you that utilize services like PropertyRadar, PropStream, etc.
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6 January 2025 | 13 replies
Estimate utilities and figure out who pays them (separate meters, landlord paid, etc)5.