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21 October 2020 | 0 replies
Tenant currently pays 1350/month. landlord pays utilities.
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27 October 2020 | 6 replies
I utilized a VA loan because I didn’t have enough money saved up at the time to purchase when i found this home.
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21 October 2020 | 1 reply
Make sure you are comfortable paying the mortgage and utilities for 2-3 months at any time just in case.
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21 October 2020 | 1 reply
The city and utility providers were the only real hurdle.
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22 October 2020 | 5 replies
The city and utility providers were the only real hurdle.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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24 October 2020 | 12 replies
The worst part on mine was all the utilities that ran over the pipe, which involves hand digging.
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28 October 2020 | 6 replies
@Mike BianchiIt won’t let me put the chart up so I’ll try to word it out Rough estimates Purchase 1,300,000Down payment 30% Mortgage $5,838 Income Lot rent - 23 units X $400 = 9,2002bed 2 bath 18 units X $375 = $6,7503bed 2 bath 5 units X $450 = $2,250Vacancy 12% = $2,184 Expenses Insurance $670 Utilities $ 1,121Administration $ 170Managment 10% = $1,602Repairs 13% = $2,100 , $1,000 per unit per year Reserves $500 Taxes $565Other $860 Cash flow - roughly $2,700 Trash is part of the taxes County water Private Septic
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27 October 2020 | 0 replies
Minor issues with utility plats and delays due to COVID-19.
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1 November 2020 | 10 replies
Short-term rental would need to cover additional items such as utilities, yard and snow, netflix/hulu, etc.
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11 November 2020 | 7 replies
Well, of the three parties involved in this story....you (the CURRENT owner), YOUR tenants, and the FORMER owner, I can tell you who I think has the LEAST legal/ethical responsibility to pay this utility bill.