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10 February 2025 | 17 replies
Any ideas on what I could turn it into to help generate some extra profit?
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22 February 2025 | 17 replies
We had to enter in holding costs, holding time (time value of the money), ARVs, rehab costs, a contingency reserve (a little extra to cover unforseen stuff), a reasonable profit margin, etc to get to a "Strike Price" as we call it.
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18 February 2025 | 8 replies
You can also not include those extra spaces, and then you simply have some association spaces that are excluded from calculating the percentage.In my admittedly limited involvement with the leasing exhibits etc, my experience has been that again it depends.
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9 February 2025 | 7 replies
Also, contacting neighbors is not standard practive for PMCs, so how much extra are you willing to pay your PMC to do this?
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22 February 2025 | 1 reply
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23 January 2025 | 5 replies
Bathroom Renovations (4 Total)Scope of Work:Master Bathroom:Install new double vanity with quartz countertopsReplace shower with frameless glass enclosure and custom tileAdd a freestanding soaking tubUpgrade fixtures to high-end finishesGuest Bathrooms (3):Replace vanities, mirrors, and lightingRetile showers and floorsInstall modern plumbing fixturesEstimated Cost: $40,0003.
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14 February 2025 | 37 replies
The septic system isn’t built for the extra bedrooms/bathrooms, which could lead to legal and functional issues.
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9 February 2025 | 7 replies
As with any electronic item they can fail, so I keep an extra new lock on site at each property for maintenance to install if needed.
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20 January 2025 | 2 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
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10 February 2025 | 10 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.