11 January 2020 | 4 replies
Oftentimes, PMs will utilize management software (if they don’t, keep looking) and provide the owner with access to the portal.
13 January 2020 | 2 replies
@Dale NuzumWhether the strategy makes sense or not will depend on a lot of details.As a means to utilize existing tax-deferred retirement savings to capitalize a business expansion, a ROBS would absolutely be the correct tool for the purpose.
10 January 2020 | 2 replies
This time of year, the climate can often cause delays in construction which can drag out your time budget and increase your holding costs.You've budgeted for covering all the utility costs.
15 January 2020 | 38 replies
Location: Portland, MaineDuplex with 6 beds 2 baths (3 each)Purchase date: 05/01/2015Purchase price: $265,000Reno costs: $35k% Down: %10Morgage Balance: $216,988Morgage Rate: 3.65%Monthly payment (P&I,T,I): $1,556Rental income from first floor: $1,950 utilities included except for electric and internetMonthly expenses est.: $500Estimated rent for 2nd floor (owners unit): $1950 Total estimated rent: $3,900 monthly Total estimated expenses: $500 monthly I currently have a $107,000 HELOC on this property The property appraised by the bank at $383,000 for the HELOC.
16 January 2020 | 4 replies
But in order for that car to qualify as an expense it needs to meet whatever criteria the IRS puts on it for actually being utilized for the Corporation.
10 January 2020 | 1 reply
Same goes for foundation, HVAC, plumbing, electrical, etc.I don't see any budget for utilities, and given that it's a 4-plex, I'd expect there to be some common areas (hallways, exterior lights, etc.) which would incur utility expenses that you'd be responsible for.
19 January 2020 | 7 replies
However, the one main difference is that rent and utilities are all covered with one payment.
13 January 2020 | 3 replies
I am new to REI and have been utilizing the biggerpockets podcast and a number of books to learn as much as possible over the last few months.
18 August 2014 | 17 replies
The property we are looking at is costing her $700.00 a month in taxes, insurance, and utilities.
18 August 2014 | 5 replies
Ned, I think the point is that by utilizing pay-for-access data the user can become a more effective opportunity detective, both at the meta level, and as it relates to a single property.