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9 September 2024 | 9 replies
You will need to decide if you want a shop that has a lot of training, or if you want a small boutique shop, or even a flat fee brokerage.
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13 September 2024 | 23 replies
I'm the mindset that it's better to own fewer high quality properties than lots of inexpensive ones (e.g. all those roofs, HVAC etc to replace in the future).
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10 September 2024 | 8 replies
Normally the tenants understand.If you're having consistent issues with a tenant abusing the HVAC only (if they are abusing other items then it may be helpful to find a new tenant), I know some HVAC companies offer an annual plan with a certain number of visits per year at a flat fee.
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9 September 2024 | 22 replies
Its not uncommon to see 2/1s in avondale on a 3 flat at $1100 each and you go in do cosmetic updates and bump each unit to $1900-2000.
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11 September 2024 | 31 replies
Why would you give them free rent with they still have full access and use to the stove, refrigerator, walls, closets, flooring, roof, garage, lawn, etc.?
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8 September 2024 | 31 replies
You don't need an inspection to know the age of a roof.
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9 September 2024 | 10 replies
If the roof’s age is unclear, it might need replacing soon.Electrical systems can be tricky in older properties.
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10 September 2024 | 5 replies
Many carriers have ceased offering new policies or will only accept properties in very nice condition with verifiable updates to the roof, electric, hvac, and plumbing.
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9 September 2024 | 5 replies
I would say look at the big ticket items, roof, foundation, electric, plumbing, HVAC and assess from there if anything needs to be done
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12 September 2024 | 21 replies
He eventually put a new roof on my building and did an excellent job!