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14 April 2024 | 5 replies
Cap rate = NOI / Purchase PriceTotally guessing here but assuming you and your wife can rent your current unit aka the main unit for $1,800, that would make your total gross monthly income = $4,433 $4,433 x 12 = $53,196 Annual IncomeLets assume 30% annual operating expenses for taxes, maintenance, cap ex, property management, vacancy...$53,196 - 30% = $37,237.20 NOINow lets say you'd do this work to add the ADUs if you can get your property's value up to $800,000, that would mean your property is operating at roughly a 4.65% cap rate... is that good for your area?
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13 April 2024 | 5 replies
Hi Jonah, I'm specifically an investor agent and property manager here in Huntsville AL and surrounding areas.
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14 April 2024 | 885 replies
Of course most of the time is just the inability to manage consumer debt..
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10 April 2024 | 8 replies
One of my property managers does not post a PDF copy of the lease with the tenant on my owner portal.
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12 April 2024 | 36 replies
It consists of a realtor, contractor, property manager, and a lender.
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15 April 2024 | 12 replies
There's bit discrepancy due to wage hours but it's managable.
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12 April 2024 | 4 replies
It would be valid to assign the business account under the name of the owner who is more actively involved in managing the property.
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12 April 2024 | 4 replies
Currently us at Landmark Property Management use over 75 different listing sites as our main marketing strategy.
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12 April 2024 | 12 replies
The first order of business when you acquire a property is evaluating RISK MANAGEMENT of your property.
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12 April 2024 | 16 replies
Supposedly first of it's kind in the Miami market that is centrally managed & has a partnership with AirBnB for super host status from what they say.