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9 December 2024 | 0 replies
Utilities altogether is about $250 a month, internet is $90 a month for the 1T fiber (we want fast internet for 6 people), 5% vacancy, Lawn care $120 a month, Pest control $30 a month, and we do bi-weekly cleaning of the common area at $200 a month.
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4 December 2024 | 4 replies
There is no rent control on land leases.
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5 December 2024 | 4 replies
Educate yourself on the differences between checkbook control and custodial control.
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7 December 2024 | 7 replies
(Then you have zero vacancy, your business controls its rent increases, etc.)Rent out the garage to another small company.
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5 December 2024 | 4 replies
Plus, it gives you more control over quality and timelines.
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5 December 2024 | 2 replies
Still expensive though.And why would you want to invest in a city with rent control?
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4 December 2024 | 5 replies
As we have 100+ year old trees on the property, as well as a pond and year round stream, I think it could also be used for a tiny-home or tiny-office (commercial) community, which would allow me to maintain control of my property long term and providing recurring revenue to me (my company).
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8 December 2024 | 28 replies
We do nice kitchens and stainless appliances, have cleaning service, pest control, landscaping and address any maintenance issues immediately.
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5 December 2024 | 6 replies
However, there are some drawbacks to putting a rental property in a trust - first setting up a trust can be expensive and involve a lot of paperwork, the rental property may be subject to rent control and liability insurance may be more expensive for a trust.
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4 December 2024 | 1 reply
Unfortunately no one is going to guarantee that they'll make you a loan; there are too many things that can pop up outside of the lender's control.