Sylvia Castellanos
How do we get information about selling the properties we purchase?
19 May 2024 | 20 replies
I thought this was a lot of money until another of the companies told me they charged $10,000 for their instructional/mentorship program.I guess it’s a deliberate decision to give us for free almost…almost…all the information we need…but not the last piece of the puzzle.
Scott R.
Cost to build a duplex or 4plex in Bradenton, FL
16 May 2024 | 5 replies
That's where bad experience/nightmare come in.Lastly, to answer your question, to build a basically designed, square/rectangular house without crazy jigsaw puzzled cuts on roof, the following price is a good competitive construction only price for what you need to do:Around $165 per sq ft on conditioned space (for an average 1200 to 1800 sq ft house, 8-9ft high ceiling, everything is investor grade finishes), $90-100 per sq ft for garages/unconditioned storage, $60 per sq ft for porches/opened spaces.
Cynthia Lucas
Highlight/flag EXISTING survey stakes or NEW survey?
15 May 2024 | 3 replies
The problem is taking them collectively results in new problems for our lot...the three solutions work when you look at just one of our shared lines, but when you look at all three the math falls apart...my surveyor will have to take their collective work, his new field investigation and then apply his own good theories, and hopefully our property is the missing piece in the puzzle for how to resolve this.I share that because those three surveyors are all names I or my boss know, and do good work.
David Vaitenas
Investing with Partners
15 May 2024 | 21 replies
Hey David,I'm a bit puzzled why the conversation shifted to new construction when that wasn't initially mentioned.
Antoine Na
Property Management (Lease Option Agreement)
11 May 2024 | 1 reply
Demographic and location is a major piece to the puzzle.
Marcos A Miranda
Analyzing Rental Property Deals SFH
9 May 2024 | 4 replies
., is this something that sounds within acceptable ranges or am I missing a piece of the puzzle here?
Bette Hochberger
Maximizing Your Tax Benefits as a Real Estate Investor
8 May 2024 | 3 replies
But the other half of the puzzle is building wealth.
Jorge Abreu
🏢 Property Inspection Checklist ✔️
8 May 2024 | 0 replies
Furthermore, understanding the resident characteristics allows me to measure the target market and modify my investment strategy accordingly.Inspection ChecklistSituations vary from one property to the next, but here is an on-site inspection checklist to get you started:Interior Units:Inspect vacant units, including one of each finish out type (Classic, Reno, etc.).Check all down units.Inspect one unit from each unit mix.Exteriors:Landscape:Look for overgrown bushes.Identify trees that need trimming (no branches hanging over the roof).Take pictures of the following:Curb appeal on all sides facing the street.Landscape around the office and amenities.Overgrown bushes or trees.Any dead landscape.Areas that may need sod or mulch.Assess drainage:Ensure water flows away from building foundations.Check slope, gutters, downspouts, surface drains, French drains, etc.Exterior Walls:Determine the existing material (wood, vinyl, Hardie, brick, stone).Assess the condition of the walls.Note if painting is required.Take pictures of each building, including building number, each elevation (clockwise), and any breezeways or niches.Windows:Evaluate the condition of existing windows.Consider whether solar screens should be installed.Roof:Identify the type of roof.Assess its condition and age.Parking Lot:Check for potholes.Assess the need for restriping.Note whether the parking lot is concrete or asphalt.Evaluate drainage issues.Walkway:Look for tripping hazards.Assess drainage issues.Foundation/Gutters:Inspect for cracks in the brick.Check for separation in corners from fascia and trim boards.Evaluate drainage and identify poor drainage areas.Amenities:Identify possible improvements.Consider adjustments or additions that can enhance amenities.Talk to the Staff:Maintenance: Inquire about the physical condition.Office: Discuss current residents, delinquency, and potential changes to add value.Assess whether rents are too high or too low.Confirm rents and what is included/not included.Confirm other sources of income and associated charges.Confirm occupancy, pre-release, and vacancy numbers.Note: Maintain professionalism and avoid insulting the owner or broker, regardless of the property's condition.Keep in mind that investing in real estate is like solving a puzzle—you need all the pieces to see the big picture.
Douglas Gratz
What is the new construction process? Dig lot, pour concrete, etc
14 May 2024 | 201 replies
I started this discussion just to make sure I have the step by step process's down pact as the 2 New construction projects I managed, the main investor took care of a lot of things , so there are some pieces of the puzzle that I am not familiar with.
Ian Morales
Building a team
7 May 2024 | 6 replies
@Ian MoralesFrom my perspective as a lender, I consider ourselves the final piece of the puzzle in your real estate investment journey.