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2 December 2024 | 10 replies
I was wondering if anyone here have a clause they use to bill the tenant the sewer utility as some form of additional rent.You should have in your lease that the tenant is responsible for all utilities (this would include sewer even if it has to stay in the owner's name) Sewer bills come out once a year here (except some Town municipalities where they are billed monthly) We add them to the tenant ledger and the tenant reimburses.If that isn't spelled out in the lease you'd need an addendum to include it or do at renewal.
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1 December 2024 | 3 replies
Greenville SC allows density exceptions for hotel to multifamily conversions that have 20% of the units used as affordable housing for at least 25 years, or 30% of the units as affordable housing for at least 20 years.
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30 November 2024 | 6 replies
There might be Some exceptions such as you did a bunch of repairs/improvements which increased the value of your home .
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2 December 2024 | 5 replies
Dave Ramsey seemed to think that real estate should be paid off except your house.
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30 November 2024 | 4 replies
Of course, there are some exceptional cases where the seller might consider it.
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5 December 2024 | 17 replies
There are exceptions - some properties are set up such that installing a few electric baseboard heaters might be possible to save on the gas bill - but i would still just shy away if not metered separately at the outset. 10) do shop for a lender and compare (usually pretty standard but there can be some fluctuation) - dont fall for the ones that sound too good to be true - there are gimmicks out there - big bank or reputable broker should do you fine.
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5 December 2024 | 31 replies
If your property is up to par you won't really have many maintenance calls except minor stuff such as plumbing clogs which is more likely to happen and requests to turn the AC up or down which you can do on your phone but other than that pretty hands off.Vacancy depends on location and your Padsplit property score the more comfortable you make your property (mini fridges, tv's, outdoor area) the lower your vacancy rate but you can expect about 10% vacancy factor in a Padsplit friendly area (centrally located, easy access to public transportation).
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30 November 2024 | 1 reply
Low Lot Costs: Land prices in Griffin are exceptionally affordable.
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1 December 2024 | 15 replies
You can certainly ask the agent who helped you purchase the property for advice too ;)Since you are using a PM to run things, I don't see any need to meet anyone except your PM and the contractor/handyman you plan on using for repairs/updates.
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29 November 2024 | 1 reply
My experience, ability to deliver above satisfactory results at an exceptional period of time brought a much appreciated and high value to the deal.