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19 January 2025 | 41 replies
When its included in a lease for real estate then the laws pertaining to residential rental security deposits in your state apply but when its separate you should have more leeway to get some additional deposit to protect you.
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14 January 2025 | 5 replies
These typically include services like renters insurance, HVAC filter delivery, pest control, and sometimes utility management.
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13 January 2025 | 19 replies
I will give you my numbers since we are 3 years into Velocity Banking.Home was purchased at $410k.Interest rate: 3.125%30 year termMortgage payment is around $1950 (includes insurance and property tax)HELOC: 8.25% Variable rate - current rateCredit Limit: $97kLet's say I made $10k a month and our expenses were $6k each month including the mortgage.
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15 January 2025 | 2 replies
Once you become licensed you subject yourself to all the laws required of licensees, including the requirement of broker supervision.
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27 January 2025 | 6 replies
of those I like next door best because it is hard to fake and the reviews are easily tied to a reviewer in your community.The costs of ADUs vary significantly for various reasons including by ground up vs conversion, difficulty with lot (sloes, access, etc), finishes, and even the size (bigger typically have lower PSF).Good luck
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16 January 2025 | 23 replies
Include balloon payment after 5 years.
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1 February 2025 | 51 replies
Usually MTR comes fully furnished with utilities included, so you pay for the convenience.if the area has traveling nurses, other professionals that come for a few months for work they normally pay more, in certain cases the employer pays the rent not familiar with that particular market, but worth looking into it.
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21 January 2025 | 10 replies
Examples include replacing a deck or renovating a kitchen.
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19 January 2025 | 10 replies
If we rent the unit at $1,425, I have an estimated monthly cashflow of $302 (rent at $1450, cashflow is $325) I DO include vacancy, repairs, and cap exp in my Box2 Expenses.