Holly Horn
Including Utilities in Rent Pros/Cons?
11 October 2021 | 19 replies
We have a total rent due, with rent and utilities as separate line items equaling the total in that property.I agree with what other posters have said-best to have tenants pay for their usage.
Hilary Harrison
Tax Rate on ADU when main house in owner occupied - N. Charleston
21 September 2021 | 8 replies
It will depend on your zoning, but they normally require a separate power meter for the ADU to be capable to renting long term to a traditional tenant.
Aqil Dharamsey
What’s more tough - finding handyman or tenants?
31 August 2021 | 14 replies
They will recommend only good people to me when I ask and they will have their finger on the pulse of availability/progress and also get the word out that I am a good person to work for.If I were you I would look around your house/units and see all the household/tool/etc. things you may need or want and then I would go down to Kovarik True Value Hardware (just did a search), introduce yourself, ask to open an account, buy some items and explain your needs...
John Lee
Need Advice: Should I Sell or Rent Out My Primary Residence?
31 August 2021 | 11 replies
My opinion would be to put in the 10-15k for upgrades, take care of any maintenance items now while your living there, rent out the place for a year and see how you like it.
Neil Garceau
BRRR Cashout Refi Question/Experience?
1 September 2021 | 7 replies
Monthly 1 year rental history is $4,200 per month with leases in place at this same rate carrying through next May.Looking to completer the BRRRR and do a cashout refi and the bank who I have the $271k loan with said they could not do a cash out refi2 j as I don't have a traditional W2 job currently and my 2020 taxes show my investment properties as operating as losses (I have 4).
Johnson T.
Trying to make sense of the numbers in DFW
29 September 2021 | 16 replies
Then you do the same exercise for other major items than may need to be replaced sooner or later.
Ellie Narie
Oregon: Got a public safety violation for our tenant's trash.
3 September 2021 | 8 replies
They have a 20% admin fee added on, but at least then I won't be held liable for their items.
Allison Macalik
Where can I find out more about syndication?
7 September 2021 | 10 replies
As @Scott Runyan mentioned, the size of this deal seems better suited for a JV or partnership than a traditional syndication.
William Coet
Getting a HELOC On A Property That Is Being Rehabbed
2 September 2021 | 5 replies
Once those items are fixed, then look for a local lender to refinance or get a HELOC.
Joe Lengfellner
Short Term Rentals in Southern VT
17 October 2022 | 8 replies
I'm in Ludlow, VT and found there's a zoom call tonight to go over a bunch of items, to include an update on the rental registry pending regulation. https://vtstra.org/regs My property has an accessory dwelling unit with an established long term tenant which looks like will keep me safe from future push on my STR.