July 14, 2009
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 [...]
July 8, 2009
Why Not Home Warranties for Your Rentals?
So you don’t own a tool box… don’t want to tote around a repair manual on how to fix the clogged p-trap under the sink …or for that matter don’t really have the time to learn what the heck a p-trap is… how about home warranties for your rental [...]
June 26, 2009
Old is New… or the Evolution of Green
The High Efficiency Toilet
When my great-grandparents built the “new house” in 1923 they included modern plumbing… for women and small children, the facility for men and boys remained the one with a crescent moon silhouette cut in the door. The new bathroom was a “green” system: bath and flush water [...]