
8 August 2018 | 5 replies
There's money in it for you, but don't be greedy and burn your bridges over 500 bucks, like Nick said.

7 August 2018 | 5 replies
it looks like that's exactly what I'll be doing. as long as there are no big events that happen in the next 5 years it shouldn't be a problem. however it is a bit of an extra risk and I don't love the idea.

4 August 2018 | 19 replies
The way I ran my numbers was to cover all my costs durIng peak months with some profit and then extra profIt durIng the off season.Few Example expenses:Cleaning- needs to get done before every new renter.

3 August 2018 | 8 replies
Since we launched the last year has been solid - Since we have lived on the property it only would cost us around 50 extra a month for water and utilities from what we were already paying.

19 December 2019 | 17 replies
Even just different asset class so he could toss that fancy word in his ads when looking for new tenants...Examplehttps://www.lowes.com/pd/A-O-Smith-Signature-28-Ga...warranty an extra 60 bucks, but 26 gallons...orhttps://www.lowes.com/pd/A-O-Smith-Signature-38-Ga...or even "better"https://www.lowes.com/pd/A-O-Smith-Signature-38-Ga...

15 August 2018 | 15 replies
This will also force you to make the extra effort to find capital partners for more deals.

9 August 2018 | 9 replies
The follow criteria is what the park is consisted of:Rent control all age park with pool 33 space filled - rents range from $321-$7002 POH renting at $850, electricity sub metered 1 empty lot (might not be permitted for extra 3) On Septic (2x a year) and Well (370 ft deep send sample out once a yr) sitting on 4 acrescan only raise rents 2% every Dec20-21k gross per month/ 25% cost of utilities -- 900k left on noteNOI might roughly be around 170-180k

22 September 2018 | 5 replies
As far as my tax bracket, I will probably gross around $80,000-$85,000 this year, but I do have a company 401k(traditional) with match that I contribute to, only 5% for the match and then an extra $5,000 flat for dependent care and another $1,000 towards an HSA.

6 September 2018 | 3 replies
I want to say screw it and continue do it all myself, but as you all know time is limited and having an extra hand is necessary.
19 December 2019 | 17 replies
Sometimes (as an example) you will say, "I will deed the property back to you for $5,000" and the taxpayer will say, "I'm not going to pay you $5,000, I happen to know I can redeem for what you paid the state plus a little extra interest."