Ryan M.
Quad-plex in NC - Multiple Offer Situation
22 April 2017 | 5 replies
Electric is paid by tenants, water/garbage by the owner.
Joshua Hollandsworth
Water and Sewer Bill in Cleveland, OH
15 October 2018 | 12 replies
How much is garbage in Cleveland?
Nicholas Creahan
Do tenants really get their own appliances?
9 September 2022 | 28 replies
I have also deleted the garbage disposal in the new ones.
Michael Saberniak
Buy and Hold investor from the UP of Michigan
25 September 2021 | 22 replies
We do pay for garbage pickup (absolutely a necessity in KI Sawyer) and water (because the buildings we have are not metered separately).
King Mmuwe
Ways to decrease expenses and increase cash flow
23 August 2019 | 2 replies
@King Mmuwe some of the easy, low hanging items would be garbage contracts and insurance policies.
Stanley Ip
Abandoned property in my neighborhood
25 July 2010 | 0 replies
Health department inspectors found that the property was overgrown with weeds and there are rodents inside the property, including garbage in the rear yard.
Joshua Dorkin
Beware of the Real Estate Guru Trap: What to Look for & How to Protect Yourself
20 October 2020 | 122 replies
I've spent thousands in the past, most of which was garbage.
John Burtle
Loan for a fourplex
29 March 2016 | 5 replies
The owner of the building pays for garbage and water.
Tiffany Sy
First Investment Property Analysis California
19 August 2019 | 0 replies
There is a Triplex in California that I'm looking at, and I was hoping that I could get some opinions on this property and whether I'm actually doing this right or not.Unit 1 Rent $1100Unit 2 Rent $855Unit 3 Rent $850Gross Rent $2805/monthExpenses CapEx 10% = $280.5 Vacancy 5% = $140.25 Repair 5% = $140.25 Water & Sewer = $80 Property Taxes = $389 Insurance = $100 Garbage = $21 Landscaping = $50 Property Manager 10% = $280.5Total Operating Expense = $1481.5Principal and Interest = $1292 with 25% downTotal Expenses = $2773.5Down Payment 25% = $86,250Closing Cost = $10,600Repairs = $2000Cash Invested = $98,850Cash Flow = $2805 - $2773.5 = $31.5Cash on Cash Return = ($31.5*12)/$98,850 *100 = 0.38%The only expenses that I'm certain of is the gross rent because the triplex is fully occupied and the principal and interest of $1292, which a lender quoted me.
Bruce L.
Best Strategy for Selling Property with Tenant
23 August 2013 | 3 replies
My experience was the tenants who were afraid they'd have to move were obviously sabotaging showings, leaving toilets unflushed, food in the sink, garbage can overflowing, etc., although for all I know, they really live like that and that's the reason the owner wants to sell in the first place.