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8 December 2021 | 14 replies
Inflation constantly erodes buying power; each year, it costs more to buy the same set of goods.
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22 November 2021 | 12 replies
Who knows what the outer factors will be within that term (Government power)?
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29 December 2021 | 6 replies
By far the most technical aspect is the electrical if you need to add a breaker and run electrical.Other's concerns about placement is valid depending on the layout of the home.
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1 January 2022 | 2 replies
We have fixed the plumbing and electrical but would love to get recommendations for the rest of labor needed.
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24 November 2021 | 4 replies
One needs a new roof, new HVAC and an electrical upgrade along with all the other general items like kitchen remodel, flooring, paint, etc.
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26 November 2021 | 13 replies
Get yourself a good housekeeping crew and handymen and contractors lined up for HVAC, plumbing, electrical, hot tub, and appliance.
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24 November 2021 | 10 replies
The tenants will be able to tell you if their roof is leaking, if there are electrical issues, plumbing issues, etc.
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23 November 2021 | 1 reply
Plus, inflation is through the roof and I don't have a place to put my money for it to retain its value.Here are the numbers:Purchase price- 370kMonthly Taxes- $297.42Monthly Insurance- $83.33Water- $48Common Electric-$35Sewer-$156.59Trash-$103.6Cap Ex 10%- $341Repairs 10%- $341Vacancy 5%-$170.5tenants pay their own gas and electric4% loan w/ 10% down payment $1728.54(I originally calculated the loan like this because that's what I could afford before trying to go the FHA route.