
18 March 2020 | 7 replies
However, as many of you know, the majority of all rent we receive is already spent on operating expenses such as taxes, insurance, water & sewer, accounting, compliance & record-keeping, etc, and this does not include any mortgage payments that must be made on the properties in addition to all of these operating expenses.

18 March 2020 | 13 replies
I had to replace three water heaters in 4 months.

17 March 2020 | 3 replies
., we are all in unchartered water now, and for the foreseeable future we all will be affected by the lockdown.

17 March 2020 | 10 replies
For the kitchen and hallway I would definitely use LVP, really strong and good in high traffic areas, most are water proof and scratch resistant, so they are very durable.

18 March 2020 | 4 replies
The water wasnt going down and she was getting dirty water backed up.
6 April 2020 | 13 replies
The numbers:Two sites - an 80 site lot and a 29 site lot, both in the same town.Lot rates - $265/monthFirst lot is City water and sewer, billed back to tenants.Second lot is City water and sewer, individually metered.Electric and trash are also billed back to tenants.Occupancy - 45%Built in 1983City Population - Approx. 35,000Park is all tenant owned homes, with the exception of 5 units.

20 March 2020 | 3 replies
I would rent for similar, but would cover gas and water.

18 March 2020 | 2 replies
This is the scenario I came up with:Renting the 2 other rooms up top at $500 at a room, upping the bottom separate rent to $1500, and renting out both the garage/shed units, I was estimating around $2675 total income.I would ask the bottom tenants to pay their own Water/sewer/garbage and electric, while offering it included to the tenants renting out the bedrooms up top.I estimated for a total of $15k in rehab costs since the property looks like it could use some TLC, assuming all the foundation/electric/plumbing are good.I also planned on keeping the train going and using another loan to secure another property 1 year after an FHA loan on this one, thus opening up the top unit for full rent or another room to be added.This is a screenshot of the calculation I made in excel.Let me know what you guys think.

19 March 2020 | 41 replies
I'm holding up on any offers...unless it's a really good BRRRR deal...because we are in uncharted waters.
28 March 2020 | 24 replies
Louis investor.... best advice I can give is to do your homework, get familiar with terms, a few strategies, then test the waters!