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10 July 2024 | 11 replies
They are inexpensive and they trim to fit.
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9 July 2024 | 6 replies
Any suggestions for newbies looking for more inexpensive homes?
9 July 2024 | 1 reply
However they haven't had any other offers and it has been on the market for roughly 70 days.At the accepted offer rate our mortgage would estimated be:Year 1 - $5231Year 2 - $5750Year 3-30 - $6292Each of the 3 units would rent for an estimated 2-2.5k totaling roughly 6k-7500 per month in income depending on what we can rent each unit for.So with all that being said, conservative numbers the triplex would cashflow roughly 1k per month assuming we don't live in it and have all 3 Units rented.That seems like razor thin margins, especially when factoring in expenses so my question is:What is the cash on cash net return per month you would look for in a triplex deal like this?
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12 July 2024 | 34 replies
You can serve a "notice to cure" which gives the tenant a specific timeframe (usually 14 days) to fix the violation (in this case, not properly maintaining cleanliness or disrupting the peace).
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8 July 2024 | 9 replies
Hiring a coach depends on your timeframe.
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8 July 2024 | 8 replies
It's also an area I can get to for projects within a 30-45 time frame, which is also important to me.
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12 July 2024 | 79 replies
At our ages, the idea of buying enough cash-flowing rental properties to reach our goal on our time frame, feels a little daunting.
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7 July 2024 | 1 reply
This timeframe is usually enough to determine if a tenant is reliable and responsible.Current Leases and Renewal ChallengesFor existing leases, the process is more complicated.
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10 July 2024 | 31 replies
A new vanity is also an inexpensive upgrade.
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7 July 2024 | 2 replies
You have a very detailed breakdown of initial move-in expenses (but you didn't fill out what was received), but then you don't include a detailed breakdown of recurring charges.Your late fee language is completely wrong.