13 January 2025 | 7 replies
Virtually any cap ex expense will wipe out more than a years returns.
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12 January 2025 | 12 replies
Your report shows that it would need a bit of a lower purchase price, and I like the numbers you used in comparison (for ex. higher Capex vs rent/maintenance).
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8 January 2025 | 4 replies
Accounting for 10% management, 5% vacancy (2 year lease locked in on tenant that has been there 2 years already..) 10% cap ex, and 5% maintenance.
11 January 2025 | 12 replies
We worked with a lawyer over there who is a US ex-pat who created and registered a local LLC for us, which owns our properties.
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3 January 2025 | 11 replies
However, if i would take 100k home equity on a rental A (ex. 100k) and use 50k each (same as above) for 2 rentals (B & C).
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20 January 2025 | 31 replies
I really don’t know how to move forward.I do not see how this works$3800 (rent) - ~$1600 (p&i) -$340 (taxes) - $250 (insurance) - ~$1200 (maintenace/cap ex) - $380 (PM) - $180 (vacancy) - $400 (water) ~$50 (misc) = -$600/monthin a market that appreciation and rent growth has not historically kept up with inflation.
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4 January 2025 | 9 replies
The garnishment has to be filled in county clerks office and the paperwork is served to the ex-tenant place of employment.
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12 January 2025 | 25 replies
I applaud you for putting it out there but 1) maintenance/cap ex is far too low for a duplex 2) no PM. 3) vacancy at 1% will be challenging if achieving near market rent.
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5 January 2025 | 12 replies
Vacancy, maintenance/cap ex, PM, Misc.