Ryan Scritchlow
Web sites used to reduce time investment in rentals, do they work?
8 January 2015 | 44 replies
ie in the initial email back to the prospective tenant it included the pre screening questionnaire thus removing one email?
Sylvia B.
Do they think we won't check?
3 January 2015 | 9 replies
I learned long ago to remove myself from the emotional attachment to real estate.
Chris Cerny
Newbie Requesting Help Analyzing first SFR purchase
7 June 2015 | 14 replies
So these are my parameter.I use the payment of a 20 year mortgage no matter what I actually use.I make my vacancy, maintenance and cap ex expense at 25% of rent.I don't include property management (unless I am actually using one) because I do it myself.So, my numbers look like this -430 = loan150 = prop. taxes66 = prop mngmt75 = ins206 = maintenance, cap ex, vacancy927 = total monthly cost825 = rent received <102> = monthly negative cash flowEven if you remove the prop management, you are still at a negative cash flow.You can fudge the numbers in any deal to make it look good but you need to know what numbers you're going to include and exclude and the term of the loan that you are going to use to get every deal on a level playing field.If it was me, it's not good enough to lay out $17,000 for especially if you don't have money for the next house.
Florencio Moreno
Permits in San Antonio
4 January 2015 | 9 replies
The inspectors made us dig up plumbing, remove cabinets and open walls to inspect the work.
Brandon Hicks
Pit bulls as service dogs.....
30 January 2018 | 112 replies
If a dog damages the property or disturbs other tenants they should be financially responsible just like someone would have to install and then later remove their own grabs bars or accessible fixtures at their own cost (at least in CT).
Christopher McGuire
What type of financing is this called? Is it legal?
5 January 2015 | 27 replies
You will not fully be able to remove the risk though.
Magesh R.
MF prop evaluation
6 January 2015 | 9 replies
Does lawn maintenance and snow removal come under proper mgmt or under another category?
Kent Verge
Feral cats galore
12 January 2015 | 2 replies
In the end, she caught 28 cats, couldn't catch one, and one other disappeared -- it was sickly and likely didn't make it after the food stopped.We'll work on the odor as soon as the demo is finished in the addition; it has some stick-on vinyl tile that still need to be removed first.Interestingly, I met a neighbor while at the house over the holidays.
Flavio Zanetti
Any flaws with this deal?!
9 January 2015 | 3 replies
Building = $ 319,800Expenses in 2014: Cleaning $ 911.35Insurance $ 1,316.00Taxes $ 6,226.00Trash Removal $ 125.00Property Maintenance $ 5,127.50Contractor Services $ 1,200.00Exterminators $ 1,255.00Plumber $ 752.00TOTAL $ 16,912.85 (Oil is not included and this property is in New England)NOI - 49,104 - 16,912.85 = $ 32,191.50 (not accounting heating oil)P.S.
Vikas Ahuja
Tenant moved out but left car behind
11 January 2015 | 20 replies
Before you do anything, you should familiarize yourself with the applicable state/county/city law(s) on the matter so you don't end up paying your ex-tenants money down the road for improperly removing their vehicle.