Adam Kuszczak
Is Bay Area market crazier than normal?
30 April 2021 | 13 replies
Math:- 4 bed, ~2000 sq ft, ~5000+ sq ft lot, good schools 6+, 1990+- 630-670k asking price- property tax 1.3-1.6%, mortgage 3.2%- after running some numbers, it gives me 3.3k-3.6k per month to own (mortgage, insurance, property tax, sometimes HOA, not counting utilities and maintenance) - rents in the area are closer to 3k tho, but everything goes within a week or two, so I bet if you are patient, you could rent it with cashflow (saw couple houses that went on Zillow for rent 3d after closing and were rented out with cashflow after 7d)So there is this upper limit of ~700k above which owning costs are way higher than avg rent (for same reason locations inside Bay do not make sense, I think).
Mark McCollum
Need advice in an impossible real estate market
20 April 2021 | 14 replies
Taxes are estimated at $270, HOA $100, and insurance $150 monthly.
Michael Surges
First Rental - Good pre-screening list?
6 April 2021 | 4 replies
**Tenant must followall HOA guidelines.
Vanessa Barbieri
Showing a property with an applicant pending approval from HOA
10 February 2021 | 2 replies
Hi all! I'm new to this landlord thing and wanted to know how to handle my situation. I currently advertise my rental property across several platforms, however, I currently have a couple who is undergoing the homeown...
Drew Harris
1st House Hack Renting Rooms
21 January 2022 | 6 replies
Some things you can do is charge a flat rate and cover the difference or call the utility company and get a 12 month average and make that a part of the rents.3: Personally I don't believe in furnishing or supplying anything for my rentals because my market simply doesn't call for it.4: Depending on your area and what the replacement cost for that building is, inflation can effect your policy differently, for this one I would call your provider and ask.5: Common areas much like an HOA would charge, put a common element/area clause in the lease stating the tenant is responsible for a percentage of costs for upkeep of common areas.6: This may depend on state laws, but I would look into if your area requires ADA compliant signage but if you wanted to put a no smoking sign so long as it's stipulated in the lease then it's your call.7: You can't always do much about guests so long as they don't stay indefinitely or cause a danger to other tenants.
Cristhian Garcia
I bought a new house
10 February 2021 | 4 replies
Or Househack and rent out rooms in your current home, if allowed by the HOA to pay your mortgage for you.
Angela Daigle
Timeshare at Tax Auction
15 February 2021 | 4 replies
HOA dues or whatever they call them are something like 2000+ a week/year.
Mike Cichy
airBnB in subdivision HOA rule says for residential purpose only
11 February 2021 | 15 replies
The HOA rule states, that lots are for residential use only?
Whitney Ortiz
What do you wish you knew before investing in Florida?
30 May 2021 | 57 replies
Municipalities and HOAs can fine you fir the most stupid things.
Michael Ciambra
Liens on a property
21 February 2021 | 2 replies
I went and used many of the methods and found HOA back dues, court cases for the property, past due taxes (there weren't any), etc.