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9 May 2024 | 4 replies
@Theresa HarrisThere is one property that’s on my block they had split up and built a adu behind their home.
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10 May 2024 | 7 replies
That would be for a very high end full house with weekly cleaning and amazing furnishings one block from Broadway or the track.
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9 May 2024 | 11 replies
I could have sued to block the sale but that would have delayed me getting some money back.
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9 May 2024 | 2 replies
The building is also within 3 blocks of more than $20M of for-sale housing to be built as part of my pipeline.
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9 May 2024 | 9 replies
All that to say, don't be afraid to block out the noise here, and elsewhere and trust what the step will do for you and your situation specifically.But overall it was the best decision my wife and I ever made, and has led to more and more as time goes on.
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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.
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5 May 2024 | 3 replies
Pete a few months back I got really excited about BuildBlock Insulating Concrete Forms, or ICFs.
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8 May 2024 | 13 replies
You don’t want to block the availability for your next MTR booking.
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7 May 2024 | 7 replies
I am assuming we would still have to honor any future reservations with Evolve and just block those dates out on our PMS, but please correct me if I am wrong.
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8 May 2024 | 50 replies
If the "binkie" statement all too many run to of "markets will always act uniquely" were true, riddle how I nailed forecasting with 97%+ accuracy since start of covid when I started PUBLICLY putting my ballz on the chopping block of making my forecasts public information.