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29 August 2016 | 16 replies
If you are using hard money you need to budget for the points and fees as well as traditional third party closing fees.Repairs: The money it is going to take you to rehab the property plus an extra 10% of estimated repair costs to account for unexpected repairs.Holdings Costs: Here is where a lot of investors get tripped up.
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29 August 2016 | 2 replies
As always try to have a little reserves for unexpected fixes .
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31 August 2016 | 9 replies
Recommend electriciantest the unitsame as above duct appears intact __________________________________________________________generator by-pass home energized the master bedroom and bedroom 3 have GFI breakers in the panel boxthat would not reset there for the power in those rooms did not work, the GFI in the kitchen and the bathroomwould also not reset causing the power to the surrounding outlets not to work Electrical Wiring: Damaged --Other: N/A --Other: N/A_____________________Electric supply tested and functional?
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2 September 2016 | 9 replies
Guy said that he added a bicycle to his furnished rental because it was just a little too far from BART to be fairly considered "walking distance" for the white collar professionals with minimum one month leases that were the target.Guy increased his net by about $500 per month averaged out. Let's
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5 September 2016 | 11 replies
Of course tenants can lose their job and unexpected life events happen even we we did our job right.Property management fees vary from low flat fee to 10%.
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9 September 2016 | 31 replies
They need to test the outlets, switches, and faucets before you submit payment.
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2 March 2022 | 6 replies
Hello BP,I am finishing my basement for personal use (no tenants) and just realized that the sewage outlet (going from the house to the street) is almost 4 feet above the basement floor level.
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7 September 2016 | 12 replies
I'll have to check when the existing homes were built and see if that correlates to the crash.It is possible, though, based on the sub-division where Iive, the geology may have been unexpected.
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2 September 2016 | 2 replies
Hi Mark - Thanks for reaching out. Let's
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3 September 2016 | 4 replies
If you are using hard money you need to budget for the points and fees as well as traditional third party closing fees.Repairs: The money it is going to take you to rehab the property plus an extra 10% of estimated repair costs to account for unexpected repairs.Holdings Costs: Here is where a lot of investors get tripped up.