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14 March 2019 | 10 replies
You can always introduce yourself as the maintenance guy.....here to work on X.
3 March 2019 | 2 replies
@Colleen Berquist, I agree with @Jake Stuttgen - but is that $250/mo of expected positive cash-flow, after accounting for reserves for: Repairs & Maintenance; CapEx; Vacancy & Property Management (even if you are going to mange it yourself)?
3 March 2019 | 9 replies
Both are low maintenance and have pretty good cash flow.
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14 March 2019 | 14 replies
There's a good probability that they have deferred maintenance as well.
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8 March 2019 | 21 replies
Ultimately maintenance on those 4 high-end doors is going to be a lot less money and time than the 20 lower end doors.
4 March 2019 | 4 replies
Hey VamsiJust a very quick glance...Did you budget a % aside for future maintenance and cap ex?
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4 March 2019 | 7 replies
Sounds like there are vacancy issues and most likely deferred maintenance.
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4 March 2019 | 17 replies
. $600Taxes 200Insurance 50Total expenses $850Add in vacancy, maintenance, capex.Rent $1300Expenses $850Cash flow $450Minus other expenses.Remember at the end of the year you are able to write off on your taxes.Mortgage and Property Taxes and any other expenses plus depreciation You can take advantage of appreciation but don’t count on it.
10 March 2019 | 33 replies
Shooting from the hip here, but condo fee (-$100), routine maintenance and capex (-$100 monthly), vacancy (-$50), taxes (-$100), insurance (-$40)... all of a sudden, your $1k rent is returning you like 600 a month, or +/-7k a year, or +/-5% returns.Oh, AND you can't afford to have a property manager, so you have to do all your own tenant placement and management!
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3 March 2019 | 0 replies
(Example: payment pattern, maintenance cost, Vacancies etc...)