
28 June 2024 | 0 replies
I have years of experience in real estate but more on the commercial investing and property management side.

29 June 2024 | 11 replies
Managing Rental Properties" - will help you get really good tenants and make you a great landlord that keeps great tenants."

29 June 2024 | 9 replies
I’ve heard that newer versions of QuickBooks Desktop now operate on a yearly subscription basis, but I prefer a one-time purchase if possible.Has anyone successfully purchased QuickBooks Desktop Pro recently and managed to use it without having to renew a subscription?

30 June 2024 | 22 replies
You should be getting $1,800+ in rent based on the duplexes we manage.

28 June 2024 | 0 replies
Our efficient project management ensured timely, on-budget completion.

27 June 2024 | 37 replies
She was bigger than they were which could have played a role.

28 June 2024 | 12 replies
It might be easier to look for a partner to put up the capital if you find the deal manage the renovation and other time intensive activities.

29 June 2024 | 4 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

28 June 2024 | 14 replies
I have properties in Fairfield, West end, East Lake, and others, and they can cash flow but the management is difficult (as in getting cash collected from tenants).

28 June 2024 | 6 replies
Owner says rents are about $2-300 under what they could be but with the tenants being loyal and the way they are their own small community she recommends not raising rent.All 7 homes run off of 2 wells.Some differed maintenance but overall nice condition trailers range from 70s-80s model Owner says property manager/handy man lives next door and handles everything for her from maintenance to collecting and deposit rents.