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3 August 2023 | 6 replies
Are trees overgrown, grass dying, snow removal, etc.
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20 February 2016 | 10 replies
Even though there is not much snow, I find the winters bitter cold with the breeze off the ocean.I 've looked at buying in many of the parks, last time I looked at a place east of Rt 1 where a mobile went for $10k and only a few miles to ocean.
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11 September 2020 | 47 replies
On my initial “walk-arounds” on the property, I missed a foundation issue because the snow had not yet melted far enough down for me to see it.
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30 November 2022 | 34 replies
Lots of snow in the winter.
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22 June 2021 | 5 replies
The most common case is slip and falls after a snowstorm for failure to remove snow.
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14 January 2019 | 43 replies
Careful there Matt, it does snow on occasion in Galveston lol.
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26 January 2021 | 42 replies
Here are the monthly allocations (+10% cushion for vacancy): taxes (TTM/12), vacancy/turnover 5% GSR, water/sewer/trash (TTM/12), repair/maintenance (10%), cap ex (3%-goes to money market monthly), CAM (lawn/snow) (3%), insurance (TTM/12), debt service (actual), property mgmt (12% - although I self manage).
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26 January 2023 | 92 replies
@Tim Bee usually I am trying to find buy and hold deals that are returning 10%+My expenses are usually minimal - public electric, RE taxes (PHILA taxes aren’t super high), insurance.Tenants are responsible for the rest: water, landscaping, snow removal, utilities, etc.I invest in small multi family usually duplexes, so having the tenant responsible for those items is not unusual.
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4 March 2018 | 7 replies
Thanks Bill, here’s some more info on the parkcurrent lot rent is $160/moExpensesElectric for light poles $27/moSnow removal $20/moInsurance $42Property taxes $100/moMaintenance $80/mo1.94 acresTenants pay water and sewerTenants responsible for mowing and snow (park only plows main road)
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29 March 2022 | 92 replies
Its done all the time in Texas but we dont have the snow load you have there.