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surveyor
ParticipantNeetaT:
My property taxes for San Diego county alone have increased by 6%. There are also increased water fees, trash fees, and other increases down the line. My insurance for the properties have increased some because of the fires. Some HOA’s have increased their monthly fees.
There are lots of very legitimate reasons why rents should go up.
ParticipantNeetaT:
My property taxes for San Diego county alone have increased by 6%. There are also increased water fees, trash fees, and other increases down the line. My insurance for the properties have increased some because of the fires. Some HOA’s have increased their monthly fees.
There are lots of very legitimate reasons why rents should go up.
ParticipantI raised the rents of my two rentals here in San Diego by 5% in 2007. While there are probably a lot of rental units available, they tend to be the really expensive ones…
One of the threads awhile ago had a property manager saying that they were at capacity, even while raising rents…
ParticipantI raised the rents of my two rentals here in San Diego by 5% in 2007. While there are probably a lot of rental units available, they tend to be the really expensive ones…
One of the threads awhile ago had a property manager saying that they were at capacity, even while raising rents…
ParticipantI raised the rents of my two rentals here in San Diego by 5% in 2007. While there are probably a lot of rental units available, they tend to be the really expensive ones…
One of the threads awhile ago had a property manager saying that they were at capacity, even while raising rents…
ParticipantI raised the rents of my two rentals here in San Diego by 5% in 2007. While there are probably a lot of rental units available, they tend to be the really expensive ones…
One of the threads awhile ago had a property manager saying that they were at capacity, even while raising rents…
ParticipantI raised the rents of my two rentals here in San Diego by 5% in 2007. While there are probably a lot of rental units available, they tend to be the really expensive ones…
One of the threads awhile ago had a property manager saying that they were at capacity, even while raising rents…
Participantsueship
Nope, not a RealSource member. I got the lead on Huntsville through http://www.pacblueinvestments.com. Thanks for the offer on the info, I got it all already though. The closing is on Monday and I got the property management all set up and ready to go.
Participantsueship
Nope, not a RealSource member. I got the lead on Huntsville through http://www.pacblueinvestments.com. Thanks for the offer on the info, I got it all already though. The closing is on Monday and I got the property management all set up and ready to go.
Participantsueship
Nope, not a RealSource member. I got the lead on Huntsville through http://www.pacblueinvestments.com. Thanks for the offer on the info, I got it all already though. The closing is on Monday and I got the property management all set up and ready to go.
Participantsueship
Nope, not a RealSource member. I got the lead on Huntsville through http://www.pacblueinvestments.com. Thanks for the offer on the info, I got it all already though. The closing is on Monday and I got the property management all set up and ready to go.
Participantsueship
Nope, not a RealSource member. I got the lead on Huntsville through http://www.pacblueinvestments.com. Thanks for the offer on the info, I got it all already though. The closing is on Monday and I got the property management all set up and ready to go.
Participantusing rough numbers….
My calculations show that the property generates a negative cash flow of around $4600. While the $850 can probably cover the mortgage itself, it does not cover the HOA, property taxes, insurance.
The tax depreciation for the property helps alleviate the bleeding somewhat by the owner being able to get back around $3.5k in taxes, but that still leaves the owner with a negative cash flow of around $1k.
At the cost of $122k, the numbers look better, allowing the property to break even (when you take the taxes into consideration).
Participantusing rough numbers….
My calculations show that the property generates a negative cash flow of around $4600. While the $850 can probably cover the mortgage itself, it does not cover the HOA, property taxes, insurance.
The tax depreciation for the property helps alleviate the bleeding somewhat by the owner being able to get back around $3.5k in taxes, but that still leaves the owner with a negative cash flow of around $1k.
At the cost of $122k, the numbers look better, allowing the property to break even (when you take the taxes into consideration).
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