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23 May 2021 | 8 replies
I figure the fact that it's on water is worth a $500K premium on its own.I have a cabin right on the Roaring Fork River in downtown Gatlinburg that does about $70K a year.
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22 May 2021 | 5 replies
Lenders are just trying to prevent fraud, but they throw out the fast-moving investors with the bath water when they do that.
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4 June 2021 | 5 replies
Often times 1 mo rent for new leases, 1/2 month rent for renewals.What is the condition of the HVAC, water heater, roof and gutters, patios/decks, fencing, etc?
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22 May 2021 | 0 replies
I definitely do not ever want to be under water on an investment so I use:5% vacancy10% Maintenance10% CapEX10% PM.I understand this is conservative but is this still reasonable?
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26 May 2021 | 6 replies
Get rid of wind, water and mold coverages, get less liability.
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24 May 2021 | 17 replies
You almost certainly will be responsible for the water bill.
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24 May 2021 | 1 reply
updated appliances, pulled up linoleum and refinished floors, added electric panels in units, and added instant hot heat/hot water for units Lessons learned?
22 May 2021 | 3 replies
“Uncovering” is not a big deal....when they’re inspecting a septic, they easily find it, open it up, pump it out and check flow.
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22 May 2021 | 0 replies
The home was built in 2018 so the major items on the home A/C, roof, water heater all have more than enough life expectancy left. 11/month HOA, 4,000/month CDD.
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4 June 2021 | 9 replies
@Santhi Mani I probably shouldn’t make assumptions but I’m assuming it’s on town water and sewer.