Ryan Wittig
Three Family Gut Rehab in Jamaica Plain (Boston)
20 January 2020 | 0 replies
It's a good idea to look at sewer footage to make sure you won't need to replace the sewer line (that was a last minute surprise for us).
Michael S.
Multi-Family -- Security, Doors, Access
17 August 2020 | 4 replies
The doors are damaged and need replaced anyway.
Bill Williams
Selling and offering 100% Owner Financing?
21 January 2020 | 1 reply
The original goal was to rehab, appraise, and replace the private lender with a conventional loan.If I were to sell, I could initially offer 100% O.F. for about 6 months, then I would need to get enough cash (call that amount 150K) out to pay back my private lender.
Justin Self
Should I make these repairs to my rental?
26 January 2020 | 13 replies
I am leaning towards replacing the door now.
Alex Juarez
Bathtub Refinishing in Katy?
24 January 2020 | 3 replies
I'm going to replace that tonight to confirm that's where the leak is from.
Stephen Kunen
Fire rated windows for multifamily
2 February 2020 | 11 replies
@Kenneth Garrett according to the PA code, if there is a window within 10 feet of a fire escape, that is changed i.e. removing the frame then it needs to be replaced with a fire rated window assembly.
Sameer Kh
Should I sell my losing SFR rental or continue to hold on
24 January 2020 | 65 replies
If the property is constantly losing money and it's not a one-off sort of problem (i.e. big turnover or roof replacement, etc.) and you can pull out some money selling, I would recommend selling.
Account Closed
How To Make Any Money in Turnkey
20 January 2020 | 1 reply
. @ 4% (30% of rent)Even if you want to cash flow just $150 a door, that would be 20% of rent, leaving 40% of rent for everything else (100%-10%-30%-20%=40%)40% of $800 or $320, is then what needs to be left at a minimum for monthly 1) property tax, 2) insurance, 3) vacancy, 4) maintenance, 5) capex, 6) tenant replacement, 7) tenant renewal and 8) lawn maintenance costs. $320 for all these categories just doesn't seem feasible on a monthly basis.Therefore, I think it's safe to say that it's either your cash flow that declines (e.g., <$100/mo.) or you hope there's months with little to no 3) vacancy, 4) maintenance, 5) capex, 6) tenant replacement, and 7) tenant renewal costs, which would be foolish.
Account Closed
How To Make Any Money in Turnkey
20 January 2020 | 1 reply
. @ 4% (30% of rent)Even if you want to cash flow just $150 a door, that would be 20% of rent, leaving 40% of rent for everything else (100%-10%-30%-20%=40%)40% of $800 or $320, is then what needs to be left at a minimum for monthly 1) property tax, 2) insurance, 3) vacancy, 4) maintenance, 5) capex, 6) tenant replacement, 7) tenant renewal and 8) lawn maintenance costs. $320 for all these categories just doesn't seem feasible on a monthly basis.Therefore, I think it's safe to say that it's either your cash flow that declines (e.g., <$100/mo.) or you hope there's months with little to no 3) vacancy, 4) maintenance, 5) capex, 6) tenant replacement, and 7) tenant renewal costs, which would be foolish.
Konrad R.
Where do you buy your blinds?
20 January 2020 | 5 replies
I would think it is a pretty common size, as the big box stores sell replacement windows in those sizes.