Friend of mine told me that the HOA fees with a condo of his includes utilities such as sewer, garbage, and water. I have been staying away from analyzing condos due to the HOA fees but having this fee. Just would lik...
I am trying to decide between getting a cheaper foreclosure and rehabbing it vs. spending more money on the house and having to do less repairs. I don’t have a ton of cash (maybe $10,000-$15,000) for renovations. I ...
Hey folks, I've had a duplex for a decade where I've provided a washer/dryer and dishwasher on each side. Have had to replace one dishwasher and a couple of w/d's over the years. I just bought a new property and, in t...
How should I go about including minors in the lease. This is a trailer park. I realized I have to do something or else the tenant could have children "squatting" there that aren't even in their custody. Should I just ...
Hello all,I have a question about including a refrigerator (and washer + dryers for that matter) in our rentals. Currently we have 4 rentals, all include refrigerators. As the fridge is technically personal property...
Hi everyone! I am prepping for a house hack scenario and I’m trying to wrap my head around sharing utility costs with tenant. The deal is, I’m going to rent out my 3BR house while I live in the downstairs apartment. ...
Just redoing my photos for one of my STRs and the guy suggested an overhead drone shot showing proximity to downtown and other landmarks. No extra charge to do it, so I may, but was wondering who else does this?
Just want to check my understanding. When people discuss Cap Rates, I think it subtracts off for all cash expenses EXCEPT Capex. Is that right? Is there a measure that subtracts off for Capex?
Has anyone ever had this scenario. A property owner has some issues with their existing residence [i.e. roof in disrepair, taxes in arrears, etc] and they personally are unable to obtain any sort of financing to fix t...
here are the numbers...
purchase 35k
rehab 16k
asking price 99.6k
hopeful sell price 95k
sorry about the small pics, not sure how to fix that/ Been on the MLS for 5 days and have had 7 showings already.
b...