Kyle Smith
2% rule for multi-Unit?
31 March 2018 | 2 replies
Insurance, garbage, snow removal/lawn care, maintenance.Then will be your cap ex which is a "below the line cost" How old is your roof?
Jeri Norris
Texas-Do I have to have an attorney for lease violation eviction?
26 April 2018 | 24 replies
You can literally have your lawn guy represent youAdditionally, any suit filed now would not be heard until after May so an additional months rent will be due.
Michael Zuber
I see 18-36 Months of more Price Appreciation. You?
23 June 2018 | 33 replies
Artificial indeed.
Brad E.
Havelock, NC 4-plex - First Investment
22 January 2017 | 22 replies
The deck looks great.So pulling my estimates from my first post and adding in my actual numbers:Purchase Price: $115,000 $110,000Down payment 25%: $28,750 $27,500Closing costs: $5,000 $2021.45Mortgage: 4.5% 4.125% for 30 years = $437/mo $399/moEstimated renovations: $15,000Estimated Monthly Revenue: $550/unit = $2,200/moEstimated Management (10%): $220/moProperty Taxes: $165/mo $163/moInsurance: $160/mo $235/moEstimated Maintenance (10%): $220/moEstimated Lawn care: $150/moEstimated Vacancy rate 10%: $220/mo (estimated high)Income - Expenses = $628/mo $593/moSo that is $7,536 $7116 cash flow annually with an estimated $48,750 $44,521 cash outlay means 15.4% 15.98% cash ROISo my estimated ROI so far even with the changes is about the same.
Peter Thomas
HUBZU Experiences Revisited
1 November 2016 | 20 replies
I've never seen them artificially bid up a property that I've also have clients bid on, so I'm not sure about that. 4) Usually it takes a few days.
Meghan Sullivan
First-time landlord in Buffalo, NY multifamily unit
28 November 2016 | 13 replies
This question is in regards to lawn maintenance.
James Denon
Larger Multifamily financing risk vs smaller multis 2-4units
26 October 2017 | 25 replies
While it's true that you only have one roof, one lawn, one tax bill.... all of these items are MUCH bigger.
Elyse Parker
NJ Ejection of Family Members
27 November 2017 | 7 replies
I had to hold/store the tenants belongings for up to 30 days upon eviction in NJ, so I would ask your attorney before you just toss their belongings out onto the lawn....
Nicholas Weckstein
I’m stuck at my current position
3 December 2017 | 56 replies
I have a tenant who I lowered rent by 50$ and cuts the lawn and handles snow.