10 January 2024 | 10 replies
Do you have a day job and if so do you have disposable income each month to cover some carrying cost while you complete your rehab?
14 September 2015 | 12 replies
Alex Rental Income 2015 41316.00 Subtract Vacancy 5% 39250.20 RENTS 2015.00 910.00 873.00 860.00 800.00 Expenses Property Insurance 1834.00 Taxes 3350.00 Total Insurance/Taxes 5184.00 Legal Legal Fees 120.96 Evictions 177.19 Permits 344.00 Total Legal 642.15 Maintenance Labor 1650.00 Appliances 250.00 Lawn & Snow 307.50 Materials 1570.00 Pest Control 400.00 Total Maintenance 4177.50 Utilities Gas/Electric 1860.00 Trash Disposal 1184.00 Water & Sewer 2006.03 Total Utilities 5050.03 Total Expenses 15053.68 Principal 1410 PMI 212 Mortgage Payment 1622 Cash Flow $394.38 FHA Loan Details 310,000k 10k seller assist (covers closing costs) 3.5% down (10,850) 3.75 interest
14 July 2024 | 56 replies
I leave out a lot of the other “maintenance nightmares” like garbage disposals and dishwashers, but find ceiling fans to be low maintenance.
30 August 2018 | 15 replies
We are partners in this relationship not simply a business that is disposable.
12 September 2024 | 10 replies
Under IRS rules (see IRS Publication 925 on Passive Activity and At-Risk Rules), when you sell a rental property, all suspended passive losses from that property and the rest of your portfolio become deductible in the year of the sale, provided you fully dispose of the activity and it is not exchanged for another property (like in a 1031 exchange).If you have $100K in losses from your entire portfolio, those should be applied to the capital gain from the sale of the property—not just the $50K from the specific property being sold.
13 January 2023 | 17 replies
(Per sq ft if possible).Specifically trying to find out if the cleaners supply and pay for disposables such as kcups, toilet paper, paper towels, etc., if they include the laundry service or if they require you to outsource it, and anything else they may or may not do besides the actual cleaning.
29 November 2021 | 6 replies
What is an easy way to dispose of the grease?
21 October 2015 | 27 replies
You got out there and did your first deal, used the resources at your disposal and got it done.
10 September 2015 | 40 replies
Removing all garbage disposals 3.
30 May 2021 | 5 replies
How do you handle dirty work such as debris disposal and clean up?