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1 March 2024 | 5 replies
They monitor the meters remotely, and send you and the resident a statement on the 1st of each month with the resident’s W/S/T usage and charges for the previous month.I use their Model TSN1 - PVC Meter which currently costs $95 each.Each building also needs at least one router which currently costs $195.If you have your meters in a centralized location, you only need one router but if the meters are scattered throughout the building, you may need multiple .There’s a monthly $6 fee per unit for the monitoring and invoicing.If you decide to give it a try, feel free to use discount code msam10 for a 10% discount.If you have any questions or comments feel free to reach out to me directly.And if you need to buy a building to put Sub-Meters in, I’m happy to chat about that as well 🙂
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1 March 2024 | 6 replies
Would be happy to take a look at this
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1 March 2024 | 2 replies
She can charge 0% interest but would still be responsible for taxes based on the government AFR rate which is around 4-5%So at $400k she would be responsible for $16-20k in taxesYou can have a title company originate the note and mortgageWe do this stuff all day long as investors (not attorneys) so happy to help
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1 March 2024 | 6 replies
If they were keeping their tenants happy, they would have no qualms. 100% I talk to as many tenants as possible at the property.
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29 February 2024 | 5 replies
If you decide to get a loan or use owner financing, it's best to make sure you've got all the numbers figured out so there's room to make back the payments on the spread.