14 September 2017 | 8 replies
You need to be ready to write a $5-10k check at any time to replace a major capital item (e.g., roof).5) Trash is usually landlord-paid in Atlanta (since it is billed to owners by the tax collector) and is about $500 a year.
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22 September 2017 | 9 replies
Again you and your broker will know Ohio better than me but from a macro perspective my knee jerk reaction is you should push for 9-10%.Lastly you said the building has sat for a year, major red flag in such a hot market.
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28 September 2017 | 10 replies
Listen what I would do is drive around the neighborhood you can afford around 6pm if the bus stops have lots of people making there way from work there is one money to be made and two a community of decent ppl there I'm not sure if u have children if not living in a bad neighborhood isn't always as bad as it seems besides the money you collect in a year or two may propel you toward your real aspirations faster than not making the move and no matter where you buy your choosing the tenant so set a base line of what you will and won't accept and stick to it people live in Baltimore, New York, New Jersey all places that once where **** holes that have taken some major steps toward change but more importantly they made a big bag of money from those horrible hoods
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16 September 2017 | 5 replies
I will say I could see major perks in not having to deal with or hear about tenant drama, or waiting to hear if a recent hurricane tore up any of your houses (like I am right now), but there are big financial benefits to it if you're willing to deal with all that.
15 September 2017 | 2 replies
If you pay up front, the landlord has zero incentive to pro-actively manage the property for the rest of the year.
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20 May 2021 | 63 replies
He apologized and said that there were all kinds of issues with reporting to customers and that they are making major changes
18 September 2017 | 6 replies
But only after the IRS has officially given notice to activate that section.
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15 September 2017 | 3 replies
I WANT TO BEAT THESE NUMBERS BY INVESTING IN RENTALS.ESTIMATING EXPENSES:Properties are all in the same area, are about 100 years old; (almost) all have tenants, and could do with similar amounts of minor maintenance; major issues can be identified before closing and purchase cost can be adjusted accordingly.
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21 January 2018 | 12 replies
It looked like the people who lived there before actively tried to destroy it before they left.
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15 September 2017 | 10 replies
I told her if she knows that on the owner dashboard, even when instant booking is on, their platform prints pop-ups or big highlighted messages encouraging the hosts to activate instant booking and get more bookings.