of course this depends. Is there a mortgage to be paid or is the house free and clear? What is the property tax situation? what type of lease? Let us assume the most basic scenario a single family residential home with a fixed mortgage with escrow for taxes and insurance. Let us also assume the property (you live in your home and this is an investment) is fully repaired, recently renovated and you are starting from square one with your first tenant just after all bills (taxes, insurance, water, sewer, electric, contractors, liens, et cetera) are paid and the tenant is taking full responsibility for all utilities including water. As long as the market bears monthly rent that equals or exceeds the payment of the mortgage (deed of trust), your expected first month of repairs should be near zero. So, nothing would be needed in reserve. However, long term or more realistic situations than the ideal described, you should expect tenants to be late on the rent and even skip out in the middle of night two months behind with substantial repairs needed. A prudent approach is to expect to have make three mortgage payments out of your reserve (a reasonable length of time for proper eviction in many areas) and two major system replacements (i.e., heat and roof) in the same few months.
Though, the best advice I have to offer is this: If you have to ask this question in this type of forum, you should probably not be renting property. Consider working for a property management company part-time (evenings, weekends, on-call) and get a feel for the headaches and emergencies. As a bonus, late rent stories are the best song and dance shows around. It is amazing how creative tenants get. After a few months you will likely consider putting cash in the mattress instead of real estate.
Depends on total years of work experience. Here are my thoughts. You should get paid at least as much as your ibanking friends but the base/bonus mix will different. If ibanking pays analysts $65k in base and $55k in bonus for a total of $120k then you should get the same amount in total but bonus % should be adjusted down to maybe 33% of total comp. In this case you should make about $80k in base and $40k in bonus as a venture capital analyst.
85%
range from $100,000 to $600,000 depends really on the area and size
Well it all depends on how much, and the quality of your sterling silver. I myself got a total of $456,083 for mine. You should get atleast 300,000 dollars though.
Only about 25 percent of your total income should be spent on rent. An income of $30,000 should spend no more than $2500 per month on rent.
Answer:The reserves, such as retained earnings. (Note: there could be limitations on some reserves. Nevertheless, the total reserves are the upper limit of what can be paid out as a dividend.)
It is estimated that there are sufficient bauxite reserves on Earth to last for hundreds of years at current production rates. The total global bauxite reserves are around 28 billion metric tons as of 2021.
Oil production is how much oil a country pumps (produces) in a particular year. Oil reserves are an estimate (guess) at how much oil is left in the ground under a country to be pumped total, which may take many years.
About 30% of your total calories should come from fat.
they 1000 houses in Pakistan
The Chinese reserves owns an estimated $3.2 trillion dollars. Japan holds another $2 trillion in reserves. These are the two highest grossing Asian nations in reserves.
The degree of narrowing should be at least 70%, but it should not be total
Ask Lady Gaga how much houses she has.
Canada. New millennium alone has proven reserves of over 10 billion with much more to come
how much syllabus should a student of 9th class learn to get best percentage
5 million
100,000 a month