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3 July 2024 | 4 replies
In the above two apartments the tenants were consistently behind on rent and when they left were probably each about three months behind.3.
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6 July 2024 | 16 replies
Subtract all costs (mortgage, property taxes, insurance, maintenance, property management fees, and HOA fees) from rental income to determine the estimated monthly cash flow.
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7 July 2024 | 7 replies
A Cool part of the Pocono mountains is that the tourist season lasts ALL year- not just for a few months out of the year.
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3 July 2024 | 14 replies
Collections has $3200 in creditors from several creditors (southwest credit system, Louisiana recovery services, etc.).
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6 July 2024 | 18 replies
Marketing only on Zillow is amateurish, which indicates they may be lacking skills in other areas.If your unit rents for $1,000 a month, you are losing more than that because of utilities.
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6 July 2024 | 11 replies
It was a solid five-month booking, so it was nice not having as frequent turnover with shorter-term rentals.
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6 July 2024 | 7 replies
Deal #1 Purchased in 2022: Single Family home in Gary Indiana 46408Purchase Price: 80kCurrent Rent: 1000Property Management (Vilgar Property): 10% monthly rentTaxes: 1940 /yr | 162 /monthInsurance: 840 /yr | 70 /monthCap Ex: 30% rough projectionsSection 8 long term tenants not many issues.
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5 July 2024 | 10 replies
I know a guy who hit $600k in a month, but he also spent $80k that month in marketing.
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5 July 2024 | 3 replies
In most places, a verbal rental agreement is month-to-month.
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5 July 2024 | 8 replies
Given the last commenter's advice about waiting for someone with experience to chime in the first time, that someone has to take a risk... the issue is that there is a high likelihood it will be either a loan-to-own lender looking to obtain functioning properties or a scam.If it's true, they would have SO much business; whatever funds they have available, they would be empty in 1 month or less because that would be the best deal in town if it's true.