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18 September 2019 | 3 replies
It is recommended that the aluminum branch wiring be replaced with modern copper wire."
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14 June 2018 | 14 replies
I will have 30 tabs open in Chrome for 30 different threads I am reading or blog posts and all that... she doesn't like taking in information in that fashion.
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19 June 2018 | 2 replies
Call me old fashioned but I’d rather buy a cup of coffee and or dinner and talk, I respect people’s time that’s for sure.
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14 June 2018 | 1 reply
Hello fellow BP members, I recently was studying for one of my real estate courses in college and ran across a topic on appraisals and it really got me thinking.It was discussing how modern technology is affecting the appraisal profession.
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18 June 2018 | 20 replies
This is really how the fashionable 1% lived in Pittsburgh's glory years, above both the world most technologically advanced steelmill down by the river and fifteen streets of squalid tenements for the workers marching up Homestead's hill from the train tracks.The trim of this duplex is all quartersawn shellacked white oak, plain foursquare work, obviously all shaped on-site by a master trim carpenter and his apprentices.
15 June 2018 | 3 replies
I'm sure you have even more codewords to express your desire to raise your kids in a place that requires no work to meet your standards for space, cleanliness, modernity, and aesthetic appeal.
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18 June 2018 | 2 replies
It's not difficult but you don't want floating floor on a stair tread; it needs to be firmly secured in some fashion to the subfloor treads.
26 June 2018 | 8 replies
Maybe money isn't the end game and you can address their needs in some other fashion.
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19 June 2018 | 2 replies
.$0 in repair costs is a stretch- especially if you plan to increase rents...you'll need to justify the higher rent and that typically means improving the condition of the property = $$Your upfront equity position isn't great, but it looks like you'll start with a bit of equity...and if you decide to improve condition you can force the value as your NOI increasesBoilers are find if they are modern...looks like yours was replaced in 2017- definite positive5.3% on the loan doesn't look too bad...your DSCR is 1.15 ...most lenders will require this to be 1.2++ Vacancy is relative to your local market...not sure 5% is the right number to use or not...I look at CapEx different for year 1 and consider it an up-front out-of-pocket expense...but it looks like your units are in good condition so 5% may be right...maybe high...Water and sewer (and other utilities) seems low to me, but it's specific to the area...and maybe just for common areas?...
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29 June 2018 | 23 replies
For this reason, I have made and looking to make passive investments with syndicators that have shown to have a proven record in not only giving solid returns, but educating their investors throughout the process in some fashion.