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5 June 2020 | 7 replies
Ugh - Since I think the market is shifting towards faster increases in expenses than income (rent), it'd be worth investigating.Don't know the cost, but water submeters are not that expensive to buy (<$200 each) IF you can install them cheaply.Electrical sub-meters, don't know, but I'd do it unless I'm really tight on funds.The idea is that you bill tenants back for their actual usage, which is why flat rate RUBS are kinda dumb.
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2 March 2021 | 5 replies
Cozy is invaluable for collecting rent and automatic late fees takes any chance of emotion out of it.
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5 June 2020 | 3 replies
He told me that my current contract renews automatically on July 15th, which is less than 60 days from now, so notice today would be less than 60 days.
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5 June 2020 | 5 replies
Cozy automatically credit it to their account but I'm thinking they will want it back.
6 June 2020 | 2 replies
In other words, will my bid automatically be accepted if it was the first bid and meets the monetary requirements and I am within the guidelines?
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17 June 2020 | 9 replies
Borrower shall maintain Automatic Payment Transfer for life of the loan;b.
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23 June 2020 | 10 replies
@Ian ShinnickThank you Ian, I’ve also heard if you do not provide flood insurance and you have a property on a mortgage, the bank will automatically provide flood insurance at the rates they receive which are much lower I’ve heard and they just charge it to you, but I am very skeptical as to using that method because I do not know everything of it and how it will effect the relationship with the Lender.
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22 July 2020 | 0 replies
And if the economy shifts to slower growth, some tenants will vacate their expensive Class A apartments for much more affordable Class B properties, and I anticipate Class A properties to struggle with higher vacancy rates than they face today.Understanding The Cap RateThe overall rate of return on any property is based on income.
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29 July 2020 | 13 replies
In general Texas gets you a lot of space for the price if compared with other areas; but the margins especially inside the loop (closer to downtown) is very low and you have to navigate the every shifting flood zone boundaries of the city(just had the honor of being visited by the first hurricane of the season) I can live with a 15% ROI with the right deal
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30 July 2020 | 3 replies
Certain properties in certain markets are automatically priced out of the market because there is a CAP on rent in areas.