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Results (8,007+)
Oscar Menendez Inexperienced Landlord . Tenant VS Landlord
4 September 2019 | 9 replies
Here is what I found: According to state laws (Civil Code § 1941.1 and § 1941.3), at minimum every rental must have:-effective waterproofing and weather protection of roof and exterior walls, including unbroken windows and doors-functioning plumbing, heating, and electrical facilities, including hot and cold running water and a working toilet and kitchen sink-clean and sanitary building and grounds (that is, free of debris, filth, rubbish, garbage, rodents, and vermin), with adequate trash receptacles-well-maintained floors, stairways, and railings-deadbolt locks on certain doors and windows-no lead paint hazards, and-no nuisances, a catchall provision referring to something that is dangerous to human life, detrimental to health, or morally offensive and obnoxious, such as allowing drug dealing on the premises.If I were you I would take LOTS of pictures and document everything.
Preston Brown Advertised Rental Income
23 March 2016 | 9 replies
It will be from this effective Gross Revenue that you will deduct the operating expenses (property taxes, utilities, maintenance {but not capital improvement}, landscaping & snow removal, garbage collection, pest control, etc.) to arrive at your Net Operating Income (NOI).From your NOI, you would pay your debt service and any reserve contributions for future Capital Expenditures (the big-ticket items which are capitalized with the property: new roof, HVAC replacement, etc.).  
Kevin Luttrell Estimating Capital Expenditures
26 August 2019 | 3 replies
And make sure to account for the following expenses:1) Mortgage2) Mortgage insurance (PMI or MIP) or FHA Risk base3) Property Taxes4) City Taxes5) HOA (Home Owner’s Association) Dues and Fees and Assessments6) Insurance a) Property Hazard Insurance (0.3-0.45%) b) Flood Insurance c) Earthquake Insurance d) Umbrella Insurance7) Vacancy Rate (usually 8% - the equivalent to one month a year, or 5-6% if multifamily and/or if experienced, if not use 8%)8) Utilities (you’ll have these if your tenant is not covering them and/or during vacancy) a) Water § Sewer § Garbage b) Electricity c) Natural Gas d) Propane9) General Maintenance (usually 5%) a) Upkeep § Landscaping b) Snow removal c) Repairs d) New Appliances e) Make ready10) Capital Expenditures (usually 5%, higher is the property is old and obsolete, less if fully rehabbed and all mechanicals and roof are new)11) Property Management (8%, even if you self manage, your time still has value and there might be a time when you'll want to be completely hands off or you'll not be able to do it, vacation, retirement, etc.), including...
Josh Danna Knob + Tube Rewire
27 April 2023 | 20 replies
@Josh Danna sir, that quote is complete garbage.
Edna Mensah Is anyone finding cashflow deals in the Dallas market?
17 July 2023 | 20 replies
Unless you want to live like a cockroach and “house hack” garbage in 110F weather… invest in something else or somewhere else. 
Will Barnard The Occupants from Hell!
16 April 2019 | 838 replies
Joe, jail is too good for this piece of garbage!
Tom Server What are your thoughts on purchasing a co-op property
15 February 2024 | 4 replies
well the fees are the taxes and the hoa. which is about normal .. 350 taxes and 250 fees which covers water sewer and garbage .. 
Zac Kucharek No cash flow with FHA down payment 3.5%
25 February 2023 | 14 replies
This notion of house hack every 1-2 years with 3-5% down is hot garbage that people regurgitate on here.
Kalp Mehta How does my analysis look?
15 February 2024 | 1 reply
In my area, the most common are garbage and sewer bills, but they could include just about anything like water, electricity, etc.
Karen F. Zillow's charging $9.99/listing - where else to list for free?
20 May 2020 | 14 replies
I've used Facebook Marketplace, but I don't like it - most of the requests are garbage, and it's much more difficult to get across to applicants the basic requirements (like 2 month security deposit).