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18 June 2018 | 13 replies
Not sure on Vac/CAPEX/Repairs without knowing the neighborhood or building condition, but plug in something between 5-10%.
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19 June 2018 | 7 replies
I was using Excel but I like the fact that I can use the Google Sheets anywhere, even on my phone, simply.
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17 June 2018 | 10 replies
Sure you can sell the home when you retire but will the proceeds of the sale after taxes and broker fees really net you a profit after a down payment and decades of property taxes, debt service, mortgage interest that you can no longer deduct from your federal taxes, repairs and homeowners insurance?
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14 June 2018 | 1 reply
Any feedback will be great.3 plex:Location is in Port Orange, Floridaits a single family 2/1 with a duplex in the back that has a 1/1 and a efficiency unit. 2/1: $8501/1: $600Eff: $435Total= $1,885/ month Income $22,620/ year (assuming everything runs smooth) List price is $169,000 but may be some wiggle room for about $155-160k.Expenses are claiming 25% annuallyInsurance= $1,500Water= $2,400Tax= $1700total= $5,600However thats not even including management, maintenance & repairs, or cap ex.
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17 June 2018 | 3 replies
Any feedback will be great.3 plex:Location is in Port Orange, Floridaits a single family 2/1 with a duplex in the back that has a 1/1 and a efficiency unit. 2/1: $8501/1: $600Eff: $435Total= $1,885/ month Income $22,620/ year (assuming everything runs smooth) List price is $169,000 but may be some wiggle room for about $155-160k.Expenses are claiming 25% annuallyInsurance= $1,500Water= $2,400Tax= $1700total= $5,600However thats not even including management, maintenance & repairs, or cap ex.
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16 June 2018 | 9 replies
Depends on your knowledge of home repairs, etc. and what to look for as potential problems or high repair costs.
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10 July 2018 | 12 replies
Save back the rest of your money for repairs and improvements.
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10 November 2018 | 6 replies
You also will want to keep track of repairs and minor costs which can be expensed rather than added to basis.Unless you're pretty comfortable and knowledgeable about the tax laws, you may want to look into hiring a CPA.
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19 June 2018 | 5 replies
I am looking for a referral in the Twin Cities (Minnesota) market for someone who is good with foundation repair.
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15 June 2018 | 1 reply
I will start talking with someone on here, over email, phone, etc. and then we may not have a reason to speak again for a bit and I will then, many times, forget that I had wanted to touch base with that person again until way later.I work a lot, so things slip my brain pretty easily.