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12 August 2024 | 6 replies
The singlewides would be roughly 1000/month gross rent each ($4000 total).
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13 August 2024 | 69 replies
Not sure how you can be 94% below projections without some gross lack of due diligence prior to purchasing these assets.
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12 August 2024 | 8 replies
The gross rent is roughly 8% before factoring in property taxes and insurance.
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10 August 2024 | 8 replies
I will say I think the average is closer to 20% of gross revenue. across the board for this type of service.
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10 August 2024 | 8 replies
And back to Chris's point, if your tenant knows that NNNs can vary widely, they may prefer a gross lease anyways.
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13 August 2024 | 14 replies
You may get a settlement instead if their gross negligence is obvious to the insurer.
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9 August 2024 | 0 replies
.- These total 10 duplexes should bring in 30K gross rent per month and cash-flow about ~3-4K/month.We don't plan to use any of the cash-flow for personal expenses and after keeping sufficient reserves, we will funnel the cash-flow to pay-off existing properties.
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9 August 2024 | 4 replies
For conventional, the rental income for a property being placed into service will be 75% of the gross rent as an LTR.
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19 August 2024 | 3705 replies
This year I'm going for a 700-800k property with 3-4 units that will gross 8k in rents.
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16 August 2024 | 277 replies
PM is charging 5% of monthly gross rent.