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19 November 2021 | 1 reply
Is it icing on the cake since the tenants will pay down your mortgage?
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22 November 2021 | 2 replies
We're next to a public ice rink, tennis courts, and high school track + fields.
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24 November 2021 | 16 replies
Yes, I checked the NJ standard lease that I used and it states under Tenants repairs and maintenance: The tenant shall: Keep the walks and driveway free from dirt, debris, snow, ice and any hazardous objects.I drove by yesterday and sure enough he cleaned up the leaves.
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17 December 2021 | 49 replies
Cash flow positive is just the icing on the cake but not the metric in investment grade property purchases.
8 February 2022 | 8 replies
The first 2 units feature double parlor/living room, which can very easily be closed off and made into a third bedroom.
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5 December 2021 | 61 replies
I am tracking my returns based on cash flow numbers only (for conservatism reasons - I look at appreciation as icing on the cake).A little background:The underperforming units are all part of a small multifamily compound in a lower income neighborhood that I purchased in 2018 that looked great “on paper” but after tracking their performance for a few years, experienced less than expected returns due to one issue or another that has cropped up (more capex up front, tenant that I couldn’t evict for 10 months through covid, multiple vacancies causing turnover costs).
6 December 2021 | 3 replies
All people can really do is watch the ice floes go back and forth on the lake.
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27 October 2021 | 5 replies
Biggest takeaway from their experiences are being upfront about the driveway and having contingency plans for snow/ice/power outages.
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16 November 2021 | 2 replies
(Probably thin ice but you never know.)
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16 November 2021 | 12 replies
I always bring a cooler with ice packs to bring it hope.The cleaner takes whatever they want to keep.