20 April 2019 | 23 replies
I use minimum night stays but these are much more difficult to keep up with than on Homeaway/ VRBO.I wonder if increasing the cleaning fee and lowering a nights stay would put off some potential customers than just think they are being price gouged on the cleaning fee?
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15 April 2019 | 7 replies
What’s the utilities.
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13 April 2019 | 2 replies
Hey BP Community.I have been in the RE game for around 5 years and it's going really well.I own 5 properties that equal 9 units now that I rent out furnished and usually shorter term (1-4 months).I manage the places myself and charge pretty high rents since its shorter term and furnished.I pay for all utilities, and wifi etc.
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14 April 2019 | 11 replies
In future leases, I would have a monthly “septic service fee”, because they don’t pay sewer to a utility company.
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13 April 2019 | 1 reply
Primary Mortgage Second Monthly Insurance Taxes HOA Utilities/Wi-Fi Def Maintenance Vacancy Estimate
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14 April 2019 | 12 replies
Lowes has some plastic surrounds that look like subway tile, pretty cute, but you could also clean the tub surround and paint the grout lines with a very light gray “grout renew” paint and sealer by custom at home depot.
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13 April 2019 | 5 replies
I'd also like to utilize it down the line and use a cash out refinance to purchase an even bigger property.
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13 April 2019 | 0 replies
Assuming this is correct, my question is where to I put all of the carrying costs (mortgage interest, taxes, insurance, utilities) as ecoenses in the LLC?
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2 May 2019 | 5 replies
Single family home in need of some TLC for sale in western PA for $39,900.Median house price in the neighborhood $75-80kAverage rent for a similar property in that zip code $850-$900I would be putting down 20%, 5% interest, 30 years.Allocating $15k for rehabTotal cash needed $24,177Rent: $900/moVacancy: 5% ($45)Taxes: $238/moHome Insurance: $38/moMaintenance: 8% ($72)Capital Expenditures: 8% ($72)Utilities/Landscaping paid by tenant.
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16 April 2019 | 7 replies
My tenants all pay their own utilities.