So it can be more expensive unless you already have the right contractor and plan on doing it that way anyway.

. $69,300.00/yearTotal Expenses = $27,935.00/yearNOI = $41,365.00The asking price is $389,900.

Value-add from increasing NOI through various methods of increasing income (below market rents, rehab and increase rents, RUBS, etc) or decreasing expenses.

Looking for help predicting expenses (like maint/cap, insurance, cleaning, management, etc.) and revenue (I've computed my own rental season curve, but I'd love someone to validate that for me).What I'm looking at is an MLS duplex that *I think* would rent for a total of $4300/wk at peak, at a least price of $519K.Thanks,Chaz

Fronting vendor bills for 1000+ managed units can get expensive and PM's are not banks.

I have since found a better deal, a little more expensive but less risk. :)

But if you do it relly nice ("nice" does not equal "expensive") and you work out a plan like every month the house is in good condition you give them back 20 dollars.

In California the property tax is based upon the purchase price, so lowering the PP will permanently decrease you annual expenses (thus will increase your cash flow permanently).

If you have newer properties built since 2004 your insurance may not be a lot more expensive.

I would like maximize occupancy by cross-marketing to both Denver vacationers and those in town for medical needs.I am not discriminating in anyway, but it will be quite an expense to create a "wheel chair friendly" rental and more wear and tear on floors, door ways ect.