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14 January 2025 | 5 replies
While it might feel like an extra charge to tenants, these packages often provide value that indirectly benefits the property owner as well—like reduced maintenance calls or ensuring the property is better protected.In my experience managing a large portfolio of properties, these fees are becoming more common due to the thin margins in property management.
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15 February 2025 | 77 replies
For that amount, you might as well have purchased an extra smaller house.
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12 February 2025 | 8 replies
I can convert the garage into a one or two-story extra unit on the property.
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16 February 2025 | 1 reply
Seems like it is best to go with what is written in the will - split the estate and he gets 160k extra.
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13 January 2025 | 16 replies
It adds extra protection for your assets.
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15 February 2025 | 9 replies
I would say it's not worth rocking the boat for less than $200 additional per month, when you look at what you're overall ROI. if it's really that big of a deal to you, maybe consider canceling the pest services that you know are being utilized and would facilitate not having a roach problem, so that you can save that extra money every month and have that money back instead of raising the rent price to the tenant.I have seen this in many different places, Metropolitan, rural and otherwise, and it doesn't necessarily matter with the market rent is you're not always going to get that.
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10 February 2025 | 9 replies
Quote from @John Underwood: Are you sure it's not $600 extra per year?
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13 February 2025 | 5 replies
If I can find a property that just needs cosmetic updates, covers its expenses, and leaves a little extra, I’m interested.
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7 February 2025 | 7 replies
But that extra $100k beyond that....depends on what you used those funds for.
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12 February 2025 | 2 replies
The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.