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16 February 2025 | 7 replies
., discounted first month, lower security deposit)•Pivot to Mid-Term Rentals (traveling professionals, snowbirds, digital nomads)•List on Multiple Platforms (MLS, Facebook Marketplace, Furnished Finder for mid-term stays)6.
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19 February 2025 | 11 replies
Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too.
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9 February 2025 | 5 replies
I have a house where the information bubble (assessment, stats, value) is a house two blocks away, even shows a street view picture.
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29 January 2025 | 3 replies
The PM had a plumber go to the house, incurring an after-hours emergency fee, but was unable to assess the exact cause of the issue at night, stating it's either a frozen pipe or pump issue and they need to return during the daytime to fully address.
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11 February 2025 | 4 replies
Do to the state mandates that require 100% reserves in all categories, combined with the rising cost of their neighborhood insurance policy, my strong recommendation is you find out what further anticipated spikes in association dues & if any possible special assessments are looming.
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21 February 2025 | 6 replies
Finally, work with your lender to assess the financials thoroughly before jumping in.
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15 February 2025 | 2 replies
A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, that you should sit down and assess your finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.
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7 February 2025 | 6 replies
I believe it is completely reasonable to have a clause in your lease that places a cap on utilities with any overage (proven by a bill) being the responsibility of the resident.Our clause states that any electrical bill (we don't have gas, and water has never been a problem) that is over double the same month's bill from last year will have the overage assigned as a fee.It is important to keep your bookkeeping straight if you do assess a fee.
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14 February 2025 | 21 replies
If you can find comps that support a lower assessed value, it's worth trying to appeal.
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31 January 2025 | 0 replies
There will be no assessment for increase in taxes or insurance so remains at $1935.