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19 September 2014 | 14 replies
Especially on weekend mornings.The dumb little details will make you a great "college" landlord:Don't mow the lawn before 1pm on Saturday and Sunday.Treat them like adults.Ask them for their side of the story after the neighbors complain.
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31 May 2017 | 10 replies
-minor landscapingHere are pictures of the property, and the vacant unit: Front of Property-No planned changes, except for trimming lawn from now on-https://thumbs.trulia-cdn.com/pictures/thumbs_5/ps...Living Room-No planned changes.
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23 February 2014 | 40 replies
The plumbing for 4 unit might cost $6,000-$8,000 for per unit cost of $1,500-$2,000.3) One siding/exterior to replace/maintain vs. 4 for SFHs4) Taxes for 4 SFHs combined will be less than taxes for 4 unit (at least in my area)5) One tangible asset to manage vs 4Benefits of investing in 4 SFHs1) Tenants responsible for all utilities2) Tenants responsible for lawn maintenance and snow removal3) Generally, tenants tend to stay longer in a SFH vs an apartment4) More exit options vs 4 unit.
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23 August 2014 | 7 replies
@Brett Russell First of all, the average expense ratio for a multifamily is between 40 to 60% (with management).There are fixed expenses that will NOT change whether your rental income is $650 or $1,650, for example, insurance, trash, lawn care, water & sewer.
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13 March 2017 | 18 replies
It appears they are being truthful about expenses and ive factored in 1875 a year(5months) for lawn maintenance and 1250 manager.
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2 June 2017 | 18 replies
I don't want to mow the lawn or be the "handyman"any more than necessary.
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27 May 2017 | 14 replies
Just today I stopped and talked to a guy mowing the lawn on a triplex lot.
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19 April 2017 | 6 replies
In addition, if you have a property where each unit has access to a yard or storage space, I'd have them take on the lawn care as well.
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20 April 2017 | 9 replies
We were previously making $860 monthly on this particular home, which included $50 lawn care.
23 April 2017 | 0 replies
.($2,000yr), Property Mgmt (% Rent) 10% $277, Monthly $100 lawn, Monthy $100 trash, Capital Expendatures Monthly $200, Total Expenses $1,060 Cash Flow NOI (Cash Available) $1,709 Mortgage $1,256 Total Cash Flow $453 If i do the 50% rule my cash flow after expenses are $282.59 which i am o.k with so either way to me this seems like a good cash flowing property, It has newer roof, and updated appliances, new paint, all units currently occupied.