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7 May 2024 | 13 replies
Our original and adjusted basis on each property falls in the $400s and the Cost Seg studies are being quoted in the mid-$2,000 range per property.
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7 May 2024 | 5 replies
The market appreciates 3% per year.Pay cash for one house and rent it for $1,500.
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6 May 2024 | 7 replies
You can simply go to the County clerk of court and in most cases simply fill out a "Quit Claim" form and pay the recording and admin fee which is usually anot much $100-$250 in most cases.
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7 May 2024 | 7 replies
I am renting out my DSLD home for $2,300 per month and I think that I can get close to that.
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6 May 2024 | 13 replies
Some people bill back the water/sewer (say on an SF when you know the exact amount), some include it in the rent, some charge a fixed amount per month.
6 May 2024 | 62 replies
Cash flow is about $250 per month, but I currently have about $140k in trapped equity in the property.
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6 May 2024 | 0 replies
Near several Sandia Crest trails, 45 minutes from the top of the Sandia Mountains.
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7 May 2024 | 20 replies
Hello,My name is LeoOne of my investor friend has an issue with his rental property (2 story townhome with HOA)What was happened to him and the unit is1) the drain pipe on 2nd floor bathroom was broken2) water leaked in the 1st floor ceiling and walls3) in contractors opinion, this problem was caused by just normal wear and tear (already 40 year building)4) Those pipes are not shared wish other units (service the unit only) and HOA won't do anything or take care of it. 5) it will take 1-2 months for everything to be fixed up6) Tenant will need to evacuate to a hotel or shelter I have two questions,#1 In this case, whose insurance should cover the fee of tenant's hotel while the damages are fixed up?
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8 May 2024 | 14 replies
In Lackawanna county (Scranton area) for example, I always recomend looking in the surrounding neighborhoods of Scranton in addtion, as the rental rates are the same or higher, the turnover seems to be less, the taxes, trash fees, transfer tax etc are lower, and the neighborhoods seem more stable for appreciation.
7 May 2024 | 3 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?