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13 October 2018 | 4 replies
Please note, this includes: the roof, plumbing, electrical, HVAC, kitchen, etc.We had another set of contractors who gave us a quote $130,000.
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15 October 2018 | 5 replies
Elise, looking at it a couple of times, here is my take: you do not have to send it if it is held by an entity ("A lessor includes only individuals, estates and trusts.") and also if it is for services from a non employee from out of state.
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3 December 2018 | 27 replies
And of course if I'm comparing fees from different PM's I would want to include ALL fees, not just the monthly rake from the rent roll.I've never heard of a PM charging the tenant a monthly fee.
23 October 2018 | 7 replies
That is if the $26k you are putting in from the beginning doesn't totally strap you for cash.Also, and this is a personal thing which may not be true for you, I always want the numbers to cash flow positive after including property management in the calculations.Good luck.
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15 October 2018 | 35 replies
I never meant to strike up a conversation about marriage You forgot to include the smiley!
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13 October 2018 | 3 replies
Should I just get one of the posters electronically and include it as an attachment to my tenants?
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14 October 2018 | 11 replies
For example I see "rent to mortgage comparisons" that don't include pointing out that a 30 yr fixed payment could be higher than comp rent today but what about after 5 years or more of rental inflation?
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22 October 2018 | 14 replies
Methods I have used include:- House hacking - I lived in one unit of a 4 plex I bought using an FHA mortgage and 3.5% down payment- BRRRR investing - I bought a house in rough shape, rehabbed it, did a cash out refinance, and rented it out, and repeated- I bought a single family home, lived in it for 2 years then turned it into a rental- I took three loans over the years from my 401K for the down payments on 3 of my houses- I bought a 4 plex non-owner occupied using a conventional mortgage with 25% down, but over the course of 5 years it doubled in appraised valueI have one property with a 15 year mortgage and I break even every month with rent.
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14 October 2018 | 6 replies
You can use Cozy or your state LL association for background checks, credit reports, and docs. including leases.
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15 October 2018 | 24 replies
Louis County (including Ferguson) that offer good investment opportunities.