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5 April 2009 | 4 replies
For example:- Advertising Costs- Lawn Care- Termite Inspections/Repair- Capital Expenses- Property Management (if you *ever* plan to use one)- Utilities (during vacancies)- Administrative- Accounting- LegalLastly, your vacancy rate is assumed to be under 6%...is this really feasible for this location/property?
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30 September 2018 | 91 replies
My all-in cost after all of the renovation cost, financing cost, utilities, refinance fees and closing costs was about $305,000.
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19 August 2018 | 15 replies
People make estimates for cap ex, operating, taxes, insurance, utilities, etc.
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17 August 2018 | 2 replies
I read about ratio utility billing systems (RUBS) and curious to hear about personal experiences with this.I am open to company recommendations.
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18 July 2019 | 15 replies
For example, if you are buying the property outright, i.e. no mortgage, that $1000 -$1500 per month goes to your expenses, (utilities, capital expenditures, vacancy, etc.) and the remainder is your net cash flow.
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23 August 2018 | 13 replies
I have great credit and I am looking into 0% first year credit cards to utilize.
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31 August 2018 | 19 replies
What will your monthly expenses be for:Any utilities you have to payYour maintenance costsYour vacancy costsYour CAPEX costsYour property management costsAny other costs I may have missedWhat net return are you looking to make on this property?
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22 August 2018 | 6 replies
You should be able to ask the owner about the extra costs (utilities, HOAs, insurance, etc.).
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14 September 2018 | 7 replies
Laundry leased assets in closet nets 220/yr.Individually metered electric (heaters), no HVAC (standard for that area and age unit), but building utilities run 5k/yr - probably business utilities not being paid - unsure.
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18 August 2018 | 2 replies
I doubt it allows for 2 units (it’s probably SFH.) assuming that, you can’t make it 2 legal units (adding an ADU is different, as I don’t think you’re allowed to take space from the main house for the ADU- it’s usually added sq footage.) and even if it allows for 2 legal units you may have to add a second parking spot, separate utility services (read: expensive and a PITA to install.)So the simple plan is to basically do the minimum work needed, as you describe, without permits just to separate the 2 living spaces out.