24 February 2019 | 11 replies
If they insist on sending individual rent payments, we charge an administrative fee to cover the extra bookkeeping effort and bank charges.
27 February 2018 | 8 replies
Everyone covered it.
4 March 2018 | 10 replies
The takeaway is I won't have covered parking if I do the addition.
28 February 2018 | 4 replies
i am looking at pair of quad plex units on the same property.they are asking $330,000 for the pairthe first chart is off the sellers numbers MonthlyAnnualIncome:$4,500.00$54,000.00Vacancy (10%):$450.00$5,400.00Management Fee (9%):$405.00$4,860.00Property Tax:$483.33$5,800.00Total Insurance:$208.33$2,500.00Maintenance Cost:$1,666.67$20,000.00Other Cost:$375.00$4,500.00Cash Flow:$911.67$10,940.00Net Operating Income (NOI):$952.17$11,426.00 i adjusted the number and added mortgage payment MonthlyAnnualIncome:$4,500.00$54,000.00Mortgage Pay:$1,409.16$16,909.88Vacancy (10%):$450.00$5,400.00Management Fee (10%):$450.00$5,400.00Property Tax:$483.33$5,800.00Total Insurance:$208.33$2,500.00Maintenance Cost:$1,250.00$15,000.00Other Cost:$416.67$5,000.00Cash Flow:$-167.49$-2,009.88Net Operating Income (NOI):$1,286.67$15,440.00 i over figured vacancy to cover one unit empty per month.other cash flow covers trash and waterthere are a total of 9 units. i know i am problem not giving you enough infothis would be my first investment property and i am a little gun shy of the deal
1 March 2018 | 9 replies
You're fortunate that you have that rental property to cover your obligatory expenses but do not get comfortable.
13 March 2018 | 11 replies
Check with They cover MANY states, and offer great rates.Western Gold Insurance AgencyAgora Hills, CA.
1 March 2018 | 1 reply
I understand the hesitation of animals but can guarantee through the lease that if there is any destruction or smell we will cover the cost.
17 May 2018 | 16 replies
Since by definition the foreclosing entity cannot be a subordinate lienholder and, a subordinate lien holder is not limited to a subordinate mortgage, I'd be cautious claiming that a first mortgage holder is not subject to the rights of surplus claims by a subordinate lienholder when considering the subordinate lienholder with a subordinate mortgage lost their position of subordinate (moving the senior into that position perhaps?)
6 March 2018 | 9 replies
If you are looking at Tri-Lakes area or north, it moves into the REColorado MLS that covers the full Denver Metro.
28 February 2018 | 0 replies
To cover myself, I added the following provision to my lease..."... when needed to water the grass, Tenant agrees to allow use of their paid water to maintain lawn health and appearance as needed."