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20 December 2024 | 27 replies
There are various other items that may come up such as: Proper firewall suppression, adequate entrances/exits for fire safety, stair safety, size of kitchen appliances, etc... for my specific example.
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17 December 2024 | 1 reply
I asked for proof (receipts, itemized costs, etc.), but he hasn’t provided any satisfactory documentation. 2.
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5 December 2024 | 20 replies
I've been pondering the same question lately.For items like HVAC filters, do you remind tenants when it's the time to change it, or just expect that they will do it?
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19 December 2024 | 21 replies
It depends on how many guns you want to carry!!
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18 December 2024 | 15 replies
If the property is making money - and I mean really generating good cash flow - then those taxes are just another line item in your budget.
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14 December 2024 | 2 replies
Planner 5DPlatform: AndroidFeatures:Supports both 2D and 3D floor plans.Allows you to scan walls and create floor plans as you walk through a property.Offers a vast library of furniture and decor items to customize your plans.Bonus: Projects can be synced and edited on Windows through their web platform3.
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25 December 2024 | 60 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
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23 December 2024 | 34 replies
First, it is necessary to achieve favorable financing terms and secondly, I do believe cash flow should carry most rental properties with limited exceptions.
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2 January 2025 | 30 replies
It is just a matter of whether they broke it or not.It goes the same with all issues such as guest complaining about not being able to check in before check in time, or not able to find the item when we clearly stated where they are and sent them photo proof… I call this stacking the bullets before the battle and I tell my team you guys are sending me without weapon to fight if you don’t do this for me 😂 (I handle all the claims as I do this for my job)You are in an expensive market!
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21 December 2024 | 20 replies
they look like they'll cash flow a few hundred dollars a month but then you have a rough tenant turnover, or a big capex item come up, and boom - your cash flow is gone for 5 or 10 years.here are two really good threads to read.Overleveraging, net worth, cash flow and headache factorBaltimore - a path to never-ending painhappy to help further.