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30 January 2025 | 19 replies
It should be included in the monthly management fee.
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13 January 2025 | 10 replies
@Marc Robinson some may be more adventurous than me but with septic and well I would walk awayI prefer TOH of course but with $300 lot rent and 19 occupied, utilities included in rent I would pay $400-450k for this
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22 January 2025 | 15 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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9 January 2025 | 6 replies
We offer a ton of different fix-and-flip programs including putting 10% down on the purchase price and funding 100% of the rehab.
8 January 2025 | 3 replies
Challenges include depreciation in market value (i.e., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.
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21 January 2025 | 40 replies
Thats $7700 a year NOT including my accountant/Tax prep.
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11 January 2025 | 2 replies
@Polat CaglayanI've never seen a formula but here is a general rule of thumb for multifamily:The class of an apartment refers to the quality of the building, which can be determined by a number of factors, including age, location, and condition: Class A: These are the highest quality apartments, typically built within the last 15 years.
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14 January 2025 | 4 replies
The violations would include 'the personal occupation of a garage as residence' while asserting to police that he didn't live in it, along with the power overloads due to use not in keeping with a garage rental.
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11 January 2025 | 7 replies
The law allows you to charge for ALL cleaning, including trash removal.
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8 January 2025 | 3 replies
Screening: Includes income verification and rental history verification.