A Tough Economy & the “Hard-To-Rent” Property
You would have to be a hermit holed up in the back-of-beyond not to have been impacted by the challenging national economy this past year. Many areas have seen mammoth numbers of foreclosures. My area (Denver, Colorado) has been one of the cities that has fared the best. Still [...]
Helpful Hints on Buying New Appliances for Rentals
Being not just a veteran shopper, but a bargain hunter to the core, purchasing appliances for my rentals involves more of a calculated battle plan than just checking to see whether Home Depot or Lowe’s has the best deal.
In past blogs I have touted the virtues of craigslist.org [...]
Will the Property Cash Flow?
So what does cash flow mean?
a. Mortgage payments minus rents equal cash flow (MP – R = CF).
b. PITI (principle, interest, taxes, insurance) minus rents equal cash flow (PITI – R = CF).
c. PITI minus 25% vacancy allowance minus rents equal cash flow (PITI – V – R = CF).
d. Click [...]