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9 November 2016 | 13 replies
Several outfits only offer the inspection.They should be licensed in Indiana through Professional Licensing Agency, carry General and E&O insurance, send you digitally documentation with photos and videos, and offer other items as part of the inspection package.
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8 November 2016 | 6 replies
Should also account for property management even if you are doing this yourself.Even ignoring possible missing expense / budget items, if your cash flow (NOI) is 9.6K (800/M * 12) on an investment of $780K, that is a 1.2% return.
15 November 2016 | 10 replies
This is another item that needs to be included in the lease.
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8 November 2016 | 3 replies
Alternatively, you can itemize on the following:Maintenance/Cap-ExProperty TaxesInsuranceProperty ManagementUtilitiesLandscapingMonthly Income - did you include vacancy in this or no?
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7 March 2020 | 18 replies
@Allende Hernandez I was looking for this same item last year.
22 November 2016 | 6 replies
You can get hit with big CapEx items that'll gobble up your cash flow for some time.The value of SFRs isn't based on anything in particular, just market sentiment.
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25 December 2016 | 6 replies
Put items on it daily!
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4 April 2017 | 1 reply
Has significant emotional upset with regards to this property and a series of previous contractors stealing money and doing poor work.Potential Total Profit at outset: $25,000 - anything I loan to investor 1's entity (after 10% sale & closing costs & concessions)4 weeks later / progress to date: I've spent/loaned $10,000 and worked 100 hours at the property to check items off what's needed before we can list the property on MLS.
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6 April 2017 | 4 replies
What other items on here that require more labor dollars could I possibly knock out myself?
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5 April 2017 | 13 replies
I do, however, pay extra for quality insurance policies that do not prorate needed repairs based on the age of the item getting repaired.