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11 April 2019 | 59 replies
I think the danger in using percentages is that for less expensive properties, even when using a much higher percentage, the gross amount may not be enough to maintain a property.
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9 April 2019 | 0 replies
My question is:-How long do all the major components last in an elevator if properly maintained.
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9 April 2019 | 1 reply
I could start considering quitting my job and going full time at 20 units, but it would be close.This leads me to my inner debate. 20 units feels like a lot to maintain on my own, even if its 5 4-plexes.
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2 May 2019 | 6 replies
Is it easy to maintain, what could be the extra cost for owning a duplex with Pool.
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10 April 2019 | 14 replies
It currently costs me $500 to maintain this unit after rent (aka negative cash flow).
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11 April 2019 | 7 replies
As opposed to naturally occurring affordable housing or workforce housing, targeted affordable housing means the property has rent or income restrictions in place to maintain affordability for an extended period.Through the TAH Express program, borrowers benefit from a condensed prescreening process, simplified nonnegotiable legal documents and a standardized underwriting process, resulting in lower transaction costs.
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21 April 2019 | 11 replies
The value of the property will have drastically increased (from previous to new property value based on the GRM factor) and you will able to pay off the lenders and walk away with a substantial profit that can be reinvested elsewhere while maintaining the property and rental cashflow...
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11 April 2019 | 8 replies
If I had a choice of being on Municipal or well and septic, I will take well and septic any day, the Well is little maintenance and no bill and with exceptions, generally you may replace a pump and piping every 50 years or so unless lightning whacks the pump, still a pretty cheap fix, septics, in WI require pumping and inspection every 3 years ($150-$300) and if maintained will last 20-50+ years and depending where you are and soil type replacement would be $2,500 to $20,000 I can get a 1000 gal (3 bedroom) system replaced up north in sand country for $2500, in clay its more as often you need a mound.
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10 April 2019 | 2 replies
One of the things I try to do is make sure the lease includes the tenants responsibility to maintain the lawn.