Rob Bergeron
Kentucky utility shutoffs resume Oct. 20
13 October 2020 | 0 replies
https://www.wdrb.com/in-depth/...Should be a good indicator for how the rental market is going to be.
John Chace
RUBS (Ratio Utility Billing System) for 5 unit building
18 December 2020 | 2 replies
There is a company called Utility Pro Billing Services that takes care of all monthly billing (RUBS, submetering, reading, etc.) at NO cost to you or the owner.
Chukwudi Motanya
HELOCs for Investment Properties for SFH in GA
13 October 2020 | 4 replies
Hi All,I am an investor in the Atlanta GA area with 8 SFH properties that have some equity in them that I would want to utilize with a HELOC.
Joseph McCrillis
Is it a good idea to include utilities as a landlord in LA, Ca?
14 October 2020 | 10 replies
I'm aware of the extra steps I'll be taking by paying for the utilities and the fact that if the tenant doesn't pay rent, I am ALSO on the hook for utilities not paid.
Patrick Oehm
Income Producing Farm and Hunting Land
18 November 2020 | 4 replies
Myself and my family also have the intention to utilize this as hunting ground and a place to get away with our boys.
Janesly Lafortune
Help Analyzing a deal
25 October 2020 | 9 replies
If your numbers are accurate you should make almost 40k after paying your realtor :)Here are the numbers to back up my argument that this is not a good rental: Mortgage Rate 3.00% Length of Mortgage in years 30 Monthly Mortgage payment $420.55 Taxes $ 133.33 Sewer and Water $ 125.00 Trash $ - Heat/Utilities $ - HOA/Legal $ - Cap Ex and Ops $ 250.00 Insurance $ 100.00 Mgmt Fee $ 110.00 Vacancy $ 91.30 Total Expenses $1,230.18 Unit 1 $ 1,100.00 Unit 2 $ - Unit 3 $ - Unit 4 $ - Unit 5 $ - Unit 6 $ - Total Revenue $ 1,100.00 Cashflow/month $ (130.18) Cashflow/year $ (1,562.20) Cash on Cash Return -4.03%
Robert Lemley
Closing in personal name, then switching title to LLC.
14 October 2020 | 3 replies
There are ways of avoiding the due on sale clause (usually by utilizing trusts) but this can differ from loan to loan.
Roy Gottesdiener
SFH offered as duplex
14 October 2020 | 4 replies
Would you have to cover utilities?
Mandy Mitchell
To Sale or Not to Sale?
14 October 2020 | 2 replies
If the goal is to grow fast and buy a bunch of rentals, it makes sense to sell your primary residence and utilize the equity you have accumulated by funneling it into more rentals.
Arianna Hernandez
Question about wholesaling
14 October 2020 | 11 replies
Most residential sales utilize the Comparative Market Analysis approach- find lessons on that, I'm sure there are some right here on BP too....feel free to reach out for specific inquiries, I'm an open book