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31 October 2015 | 5 replies
The amount you pay in cash generally would merit a disproportionate reduction in what you're paying for the equity.
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24 July 2015 | 11 replies
I am trying to decide if I should keep renting a home or if I should sell it and invest the equity.Below are basic facts and then concerns I have.3 Bed 2 bath rancher with one car garageFenced in backyardBuild in 1997Located near military installation (minor reduction affecting the local installation ~5%)Cash flows ~$120 monthly after PM feesEst value at $103,900Mortgage at ~$75,000HVAC replaced four years agoRoof original to home I am an absentee landlordVacancy rate, < 5% over past 7 yearsConcerns: Maintenance, roofing, paint, rugs, appliances, etc are eating my budget.Recent $1800 whole interior painting, exterior roof leaks, and wood rot pending.I know the roof will need to be replaced with 5-7 years.
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18 November 2015 | 15 replies
The market has slowed just a touch, and ridiculously priced homes are sitting and even having price reductions.
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1 May 2019 | 2 replies
The attorneys generally get a percentage of the reduction won for their services.
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8 September 2016 | 4 replies
I need to try and get the property tax on my new property reduced. Town recently (last October) had a reval and my property is way off from both what I paid for it in November and how the town has it measured for livi...
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11 July 2016 | 14 replies
That would strong affect Yelm, Lacey and Spanaway in my opinion as those are strong military rental markets.Hi Ryland,It's difficult to predict the reduction in forces of the military.
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29 June 2015 | 1 reply
If so, how much of a reduction so it won't get declined as well?
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4 April 2014 | 11 replies
Expense reduction is a great way to increase cashflow and create equity.Specialized or Niche Housing can be a huge boost to income.A buddy using Student Housing gets 5K a month from a 4 unit renting per bed after expenses.Another using Vacation rentals has an old Victorian with a bunch of beds rents out each bed $200 a night to tourists.Good luckPaul
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17 July 2015 | 28 replies
I couldn't get image uploader to work but here are the numbers provided...RENT ROLL (Feb 2015):3br - $360 Occupied (Reduced rent, on-site maint)1br - $425 Occupied1br - $425 Vacant1br - $425 Occupied1br - $425 Occupied1br - $425 Occupied3br - $740 Occupied2br - $575 Occupied2br - $560 Occupied2br - $520 OccupiedStudio - $290 OccupiedINCOME/EXPENSE STATEMENT:Annual Income (Per Rent Roll): $66,120 (My calculations give me $62,040)- 5% Vacancy: <-$3306> (This seems low to me)Plus Annual Laundry Income: $960___________________________________Gross Income: $63,477LESS: Property Insurance: $2890LESS: Repairs & Maint: $3808LESS: Property Tax: $2970LESS: Utilities: $14,963LESS: Manager Rent Reduction: $4560____________________________________Annual Net Income: $34,286 (Adjusted for their math error $30,206)There it is by the numbers, and Anthony, it's at Tucson Blvd and 22nd, so not the BEST area, but certainly not the south side.
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16 February 2013 | 33 replies
That could lead to occupancy drops and rent reductions or staying flat with an overbuilding bubble when supply catches up with and passes demand.