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30 April 2018 | 4 replies
So you are essentially looking at 1500 a unit for a 3bd- 1200 a year for insurance seems low, to be honest- unless you got a quote for this prop 2160 a year seems low for taxes 1200 for lawn/snow a year is high... this winter was bad, and it also depends on if you have a driveway etc or just street parking Closing costs- you can get a good faith estimate from your lender- they may be a bit higher Also, you want to consider if you would be inheriting tenants.. or if they are way below market rent,
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19 October 2018 | 16 replies
From a personal standpoint, I'm 1031ing some LT rental properties in Sacramento and was thinking of diversifying into a short term rental in South Lake Tahoe.Theoretically:South Lake Tahoe hedges seasonality to some extent due to the lake in summer months and snow in the winterPrices look interesting: ~$400k home that rents ~$300/night on AirbnbCurious what everyone else's thoughts are on a short term rental in South Lake Tahoe!
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3 May 2018 | 7 replies
I removed property management as it is relatively close to home and I'm thinking I can get the tenants to do the lawn care and snow removal.I would appreciate any and all inputThanks BrianView report*This link comes directly from our calculators, based on information input by the member who posted.
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7 May 2018 | 6 replies
. $600 per month each Total: $2100Listed $110,000 Tax: $166\moInsurance$176/moUtility's; $100/moLawn/snow care: $50/moVacancy:$100/moRepairs: $100/moCapex: $100/moProperty management: $200/moMortgage$462:moTotal expense:$1443Monthly cash flow: $657Annual cash flow: $7884$22,000 downCash on cash return %35I guess that's what the current owner pays in insurance kinda kills the deal a bit.
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3 May 2018 | 2 replies
. $600 per month each Total: $2100Listed $110,000 Tax: $166\moInsurance$176/moUtility's; $100/moLawn/snow care: $50/moVacancy:$100/moRepairs: $100/moCapex: $100/moProperty management: $200/moMortgage$462:moTotal expense:$1443Monthly cash flow: $657Annual cash flow: $7884$22,000 downCash on cash return %35I guess that's what the current owner pays in insurance kinda kills the deal a bit.
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8 May 2018 | 1 reply
Given that it’s the Catskills, snow accumulates on top of the roof for almost the entire winter season.I asked my RE broker to have a roofer come out and give an estimate for the 2 office buildings.
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24 March 2018 | 3 replies
The listing agent said that tenant does snow removal and takes care of the property.
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24 March 2018 | 14 replies
I pay 16% management fee, but that includes all maintenance calls, snow removal, lawn care, rent collection, evictions, inspections, rental-ready, picking up trash, cleaning.
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10 April 2018 | 16 replies
Will you check Cleveland weather all winter from sunny FL worrying about snow, freezing pipes, if your downspouts are working?
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26 March 2018 | 6 replies
As a matter of fact, i never even factored in snow removal and landscape (even thought its a small patch of lawn and some bushes.