26 July 2019 | 1 reply
Given that w/s/electric hookups are in place for each do you think you would spend the time/money to fix up the single wides, pay to have them hauled off and install new?
27 July 2019 | 19 replies
The bulk of that 10k will be to turn the deteched garage into a coin-laundromat and getting an electric meter installed for unit B and everything else that goes with that. 10k has not been quoted to me yet but I gave it a high estimate as well.
28 July 2019 | 7 replies
@Shawn RasmussenI would only own the land with sewer, electric, & plumbing hookups.
29 July 2019 | 5 replies
Tenant pays electricity, I'm estimating $75 for water (I think that's really high) and $50 for insurance.
27 July 2019 | 10 replies
Monthly Operating Expenses 2,208.33Net Operating Income (NOI)Total Gross Annual Operating Income 65,280.00 Total Gross Annual Operating Expense 26,500.00 Annual Net Operating Income 38,780.00 CAP RATE and VALUATIONDesired Capitalization Rate6.27%Property Valuation (Offer Price) 618,500.80 Actual Purchase Price 749,900.00 Actual Capitalization Rate5.17%SHORT TERM RENTALMONTHLY OPERATING INCOMESTRNumber of Units 8 Average Monthly Rent per Unit - STR 2,000.00 very modest estimate Gross Monthly Operating Income 16,000.00 MONTHLY OPERATING EXPENSEProperty Management Fees 600.00 Repairs and Maintenance 1,000.00 Real Estate Taxes 2018 records 1,095.00 Rental Property Insurance 480.00 Homeowners/Property Association Fees Replacement Reserve 51.00 Utilities - Electrical, gas, trash, water sewage, internet, cable 4,080.00 Pest Control?
30 July 2019 | 7 replies
Nothing else electrical has changed in the cabin so I think it’s something in the hot tub that is malfunctioning and causing the breaker to trip.Thanks for the recommendations!
6 August 2019 | 6 replies
Dear Forum Peeps,Does anybody out there have experience/knowledge about developing raw land for water and electrical hookups for a tiny house (or tiny houses)?
27 July 2019 | 2 replies
This is a major attraction for tenants.The building only has 1 meter for gas, electric, water so I will be responsible for this expense.
27 July 2019 | 0 replies
Until the back taxes are paid t people had this mobile home before didn't pay it now we have to pay it we need the electricity turn on as soon as possible because we take medicine that we can't be in the heat we are going to end up in the hospital with a heat stroke if we don't get help so please help us to get the electricity hooked up please
30 July 2019 | 6 replies
Now we have renters moving into those rooms, (we moved into the low portion of the house) and I am nervous about how I should heat them, I want to add electric wall heaters with thermostats to maintain 72F but I am afraid the tenants will get crazy with the heat and I will be stuck with the bill.