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12 January 2025 | 23 replies
New occupants will be coming soon, but in a 3 family, i have set of excellent student tenants that renewed.That said, many landlord insurance policies have exclusions for students, so I am trying to gather info on updating a policy to consider the fact that the building is only going to be 33% student occupied.
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23 January 2025 | 2 replies
There are a lot of market-specific issues you'll have to grapple with and also, there are plenty of landmines in MFR on its own in CT that you'll have to be ready for, in addition to the nuances and complexities of developing something like this.
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27 January 2025 | 14 replies
In addition to Turbo Tenant, I would suggest that you have a local Realtor list it for rent.
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22 January 2025 | 2 replies
Additionally, I'm working with the RE Ally Property management team, who was able to find a tenant to rent at slightly above market rates without any vacancy.
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22 January 2025 | 1 reply
Then it really grows with each additional one.
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2 February 2025 | 9 replies
Also, be sure to check with the section 8 agency managing the tenants - sometimes if you pass on an additional cost like that they will no longer be eligible to live there if the rent and utilities exceed what they were approved for.
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21 January 2025 | 0 replies
Additionally, another neighbor who owns an adjacent parcel has expressed interest in joining the project, contributing their land to the development as well.I believe this could be a great opportunity for all of us, especially as a unique retirement plan for my family and my neighbors.
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22 January 2025 | 3 replies
Additionally, based on your numbers, it should definitely cash flow.
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19 February 2025 | 19 replies
Putting our cash flow at $1,525 on months with no additional expenses.
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13 February 2025 | 22 replies
And make sure to plan for the additional depreciation as well!