26 May 2019 | 4 replies
You have to pay for the machines and the utilities so the money produced by tenants is probably just enough to break even.
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28 May 2019 | 5 replies
Go to the website of the Arizona Corporation Commission and do a search.While there is no guaranty the LLC is registered in Arizona, if it's an LLC that is owning income producing property in Arizona, there's a good chance it will be registered in Arizona (at least it's supposed to be registered in Arizona).http://www.azcc.gov/divisions/corporations/Looking at the site may or may not give you the information you are seeking, but it's definitely the place to start.Good luck.
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30 May 2019 | 12 replies
The problem is when she moves out, the property will effectively producing 0 income.
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26 May 2019 | 1 reply
RS likely has the K-1s from the partnerships, and just hasn't produced K-1s at the RS investor level.
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26 May 2019 | 0 replies
It has been a solid cash flow producer.
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26 May 2019 | 13 replies
This procedure is completely reversible and changeable until the current owner dies.
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31 July 2019 | 1 reply
Includes garage/storage building.With very conservative underwriting, it produces a CoC return of 16.78%High level monthly expenses:Vacancy $45.00 (5%) Repairs $45.00 (5%)CapEx $45.00 (5%) Insurance $60.00 (7%)Management $108.00 (12%) P&I $331.89 (37%)Property Taxes $59.17 (7%)Total $694.06 (77%) What made you interested in investing in this type of deal?
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12 June 2019 | 12 replies
After you have decided your software - you need someone to set up your books, give you a process and procedure.
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26 May 2019 | 3 replies
Just evict them through your normal eviction procedure.
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26 May 2019 | 5 replies
Assuming you collected a full month for the deposit, you're still losing the cost of utilities and now have to start marketing it again.Second, your policy should have procedures for cancellations and failure to take possession.