
25 May 2012 | 4 replies
If the security deposit is not close to covering a full tank of oil, then you could leave the tank 1/4-1/8th full and expect nothing from the tenants, hoping they don't drain it completely thus requiring a call to an HVAC service.

26 July 2013 | 9 replies
At our vacation rental we've found that people expect more service.

25 May 2012 | 3 replies
if not, i'd definitely plan on upgrading electric service..

1 November 2013 | 29 replies
Excellent service and as stated above a one-click install for WordPress.5) Facebook should be on your main marketing "Sellers" tool set.

27 May 2012 | 14 replies
You could always leverage into an apartment building ( 5 units or more ).Value is based on cash flow and cap rates instead of comparable sales approach.Economy of scale is easier.Just depends on long term goals.Right now debt service is cheap.It's easy to take equity out and put it to work for returns above debt service.When prices and interest rates rise that will be harder to do on the purchasing end.
27 May 2012 | 5 replies
If the property is in service as a rental, there are many expenses that are tax deductible because they are business expenses.

28 May 2012 | 12 replies
If you were to approach me, I'd tell you to have 30% to put down as well as have 6 months reserves (mortgage and insurance payments) on top of that.Of course, the property must be above board as well, and by that, I mean it needs to debt service the loan, have a stable occupancy level, good tenants, no large deferred maintenance issues, etc.

22 May 2012 | 4 replies
- local newspaper ad- craigslist- sign on property- a listing service such as roommates.com, rent.com, apartment.com- asking current tenants for referrals- putting up notice on bulletin boards (groceries, laundromats, churches, etc.)- other methods?
2 August 2012 | 19 replies
Or at least enough to create a product or service that teaches it.

31 May 2012 | 13 replies
Just based on what you said I would sell now and cash the equity out at the peak of the market.Then take the cash and invest elsewhere where you can stretch that currency to get the most bang for the buck.This would be better than treading water.You might have NOI now but if the market collapses and other owners are having a hard time meeting debt service rents will fall fast and there goes most of your NOI.Some people say people get LUCKY when they sell.For astute investors it is not about being lucky but analyzing the market for cycles.EVERYTHING CYCLES.The only question is how long each cycle will last before changing.For that you look at a bunch of metrics to make the best educated guess.