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26 July 2018 | 72 replies
I need some advice on whether to accept or decline tenant.
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16 June 2021 | 14 replies
Geothermal and solar are cheaper to maintain, which is a big plus in their column, and will the cost of electric/gas/oil rise or decline over time?)
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21 August 2018 | 8 replies
Do not include the debt service (your mortgage paymet) in this calculation.
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29 July 2018 | 6 replies
I am hoping to find a mentor who Is knowledgeable In rental properties and I will do all I can to provide any service necessary to learn and grow.
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10 December 2019 | 19 replies
(2) Californians (of which I am one) continue to flee the Golden State in record numbers and can buy 2x to 3x the house here for the same money, so I don't see any price declines here soon.
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28 July 2018 | 3 replies
You may not personally benefit such as by drawing income from the rental personally, nor may you inject value into the IRA through the provision of goods or services such as performing work on the property.Basically, you get to be a fund manager and deploy your retirement savings into an asset class you know and understand with these vehicles.
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28 July 2018 | 2 replies
As I near my close of service date, I have been preparing as much as I can through books, the bigger pockets website, webinars and real estate podcasts to take on my real estate ambitions the minute I land in the States.
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10 September 2018 | 12 replies
So the numbers (so far) are:Purchase price: 62kARV: 105,000Buying costs: 961.00Rehab: 7-15kUnsure of what the holding costs will be until its rented but I'm estimating 4 months.Utilities: 650Taxes: 300Insurance: 500Interest: 2400So I'll be in it for about 70% ARV.Projected rent: 12000Costs: prop mgt: 1080Maint: 600Capex: 360Utilities: 0 (tenant pays)Vacancy: 1200Tax: 800 (this will go up in october but maybe only 300)Insurance: still getting numbers but no more than 1200NOI: 6760Debt service will be accounted for after rehab and when I find a good refi option, but I figure I'll pay about 5.5pct and have lending costs (unsure of what those will be) associated with it.
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2 August 2018 | 2 replies
I have set up a new lease agreement, arranged payment via Cozy and lined up local contacts for a handyperson, HVAC, plumbing, elec etc. but I am curious as to how to find services to go out and do quarterly/ biannual interior inspections and/or key turn over.
22 December 2020 | 8 replies
I just setup with InCorp, $67/year when purchased for 5 years.I can not comment on the service yet, give me a few months then I can comment