Zachary Harrison
New Buyer Looking for Agent Reccomendation
13 April 2017 | 11 replies
Takoma Park has them but the rent control there will kill you.Keep in mind that even in the places I mentioned they only exist in extremely small numbers.
Brad Fausett
Just found out one of my future tenants is Section 8- Advice?
25 January 2017 | 10 replies
Overall inspections were pretty fair and we never got hit for anything unexpected.I think they will also make you go to a landlord class to be involved in the program which is no big deal - was just a Sat morning I think.Overall it worked OK for us in Cleveland, we got out because we wanted to be more in control of rents.
Ricky Brown
Looking to get into apartment investing
28 January 2017 | 14 replies
Rental Income 97,308.33 99.5%Total Income 97,813.33 100.0%Expenses1155 Crawford Supplies 1,395.85 1.4%Carpet Cleanings 145.00 0.1%Dumpster Rental 59.78 0.1%HVAC 10,188.30 10.4%Insurance 6,099.35 6.2%Interest Expense 19,672.53 20.1%Labor 9,644.56 9.9%Legal and Professional Fees 500.00 0.5%Licenses and Permits 25.00 0.0%Mgt Fee 1,600.00 1.6% (although it says he managed it personally)Office Supplies 50.00 0.1%Pest Control 800.00 0.8%Property Tax Expense 4,369.76 4.5%Rent 155.00 0.2% (not sure what this is for)Rental Equipment 222.92 0.2%Repairs and Maintenance 5,929.69 6.1%Supplies and Materials 8,867.40 9.1%Utilities 6,270.92 6.4%Total Expense 75,996.06 77.7%Net Ordinary Income 21,817.27 22.3%Cap Rate at asking price of $899,900 2.42%I did some PVA searching and found the assessed value to be at $543,171 which would put taxes at $6092.75 for the year.
Jim McCabe
Here we go, I'm IN! My first investment!
19 May 2017 | 18 replies
The property I am flipping is in Indianapolis (Beech Grove) to be more precise.
Karen Harris
Newbie from Radford, VA
9 January 2021 | 31 replies
Stay in control of everything because that will help you.
Kelvin Lee
Eudaly's proposal for landlords paying renters moving fees?
25 January 2017 | 5 replies
Rent control, taking out no-cause eviction and now paying for moving fees?
Andrew Clifton
Do it Yourself Inspection?
27 January 2017 | 12 replies
I always get a roof inspection and a pest control.
Mark Boek
Stop HOA from hi-jacking my owner finance deal
26 January 2017 | 9 replies
This is similar to Rent Control regs, but the subject is ownership, not rents.
Chris H.
Looking for help in analyzing a very big deal.
26 January 2017 | 6 replies
(Recommend 5%) (Lawn care/snow removal, legal, accounting, marketing, pest control, etc)You still did not provide the current owners NOI.
Vishal P.
Can you require tenant to remove shoes while renting?
29 July 2018 | 7 replies
You have no control over this.