Alaas Amour
Need your advise on this MF deal
16 November 2024 | 6 replies
Turn over cost when your tenants leave (check leases), marketing cost to add to the placement and monthly fees from PM, and utilities if those are provided by the landlord.What's your exit strategy?
Joel Fischer
Padsplit hosting experience
13 November 2024 | 9 replies
After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.
Shane Pearlman
[Timely] Tax appraisal changed property from 4plex to duplex / 2 townhouses?!?
15 November 2024 | 7 replies
I imagine a lot split would also significantly increase cost of utilities as now I would have 3 hookups in that scenario.I am also concerned what would happen to that sweet 3.25% 30 year fixed mortgage I have, which I don't want to create any risk over in the slightest.Any advice on how to frame my counter arguments would be incredibly appreciated.
David Contreras
Re-subdividing land divsion
13 November 2024 | 5 replies
In addition to above, consider utility entrances.
Dylan Robinson
New to REI
15 November 2024 | 23 replies
I then spent a majority of my free time learning as much as I could on the different styles and strategies that have been utilized in the past, reading everything from Lynch’s One Up on Wall Street to Graham’s Security Analysis, to learning how to build out financial models in excel.
Jithendra Gandikota
Home Buying Dilemma: Need Advice on Best Use of Incentive
14 November 2024 | 3 replies
I have an incentive of $25,000 for going with the builder-specific lender, and I'm trying to figure out the best way to utilize it.
Chris Kittle
Questions to ask on an 8-plex
17 November 2024 | 33 replies
Utilizing the years of experience from the people on the forums will allow me to talk intelligently with a realtor, the property manager, the seller, and so forth.
Michael Daley
Looking for second investment property in San Diego mid-term/house hack/short-term
18 November 2024 | 14 replies
I am estimating at least $50,000 between furnishing it and updating.How does this look:$1.3 million with 20% down DSCR loan buy-down the rate from 9% to 8% 30 year = $9,332 (principal/interest/tax).Utilities - $750Income - Was thinking $250 per day but let's say $225 per day for each unit (30 days) just looked at AirBNB and AirDNA in area = $13,500 (.20 vacancy) = $10,800.I would manage it, but still need to think of cleaning fees.
Nick Grassi
Redoing a roof - any thoughts on installing solar and/or EV charging?
13 November 2024 | 6 replies
From the homes we manage here in Central Florida any benefit of your utility bill is negated by the financing of the panels.
Phil Capron
Subdivision Development Questions...
12 November 2024 | 6 replies
Thank you in advanceDepending on tree type might be able to trade or sell for the workCost for all utilities and street will vary depending on the type of road you will have inverted or crowned. - how many catch basins you will need, hydrants - etc.Very important you must utilize both sides of the road to maximize your effective cost for the road and utilities when building.