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Results (7,984+)
Eli M. Coronavirus and Real Estate
23 March 2020 | 14 replies
We're sort of in unchartered territory with entire towns, plants, businesses locking down.
Nathan Carsten New Construction in Denton, Texas
20 March 2020 | 5 replies
(sheet-rock, texture/paint, flooring, fixtures, cabinets, etc...).I have done 5 rehabs on previous properties of mine, with 2 of them getting down to the studs and enjoy getting to do a lot of the work. 
David Nacco Mobile Home Park Investors, Where do I Start?!
2 April 2020 | 7 replies
The “key” elements of the transaction are explored first and usually, the most intensively.The buyer should provide the seller a comprehensive disclosure statement and include a term in the purchase agreement that obligates the seller to return the document within 5 days of acceptance.Professionals are hired to complete Phase 1, 2 & 3 reports that identify potential or existing environmental contamination and all other elements of elements that are difficult for the buyer to effectively evaluate.Financial Checklist3 years profit & loss statementsRent roll with space number, name of resident, move-in date, renter or owner occupied, number of occupants, monthly rent, additional charges, current balance due and any relevant notes about the residentList of capital expenditures for the last 3 years3 years of tax returns12 months of bank statementsCurrent accounts receivable statementList of park owned home including copies of “rent to own” or sales contractsCopy of all current insurance policies, binders and premiumsSpreadsheet detailing who pays all utilities including water, sewer, gas, electric, trash, cable, etc…For all utilities and charge backs, formulas, calculations and meter readings for the past 12 months3 years of utility billsProperty tax bills for the last 2-3 yearsCurrent staffing list including position, wages, job descriptionsCopies of any contracts that will transfer to buyer including laundry, trash, phone, equipment, etc…Dates and amounts of the last 3 rent increasesSigned rules and leases for each residentNames and contact information of professional service providers including lawyers, accountants, engineers, insurance brokers, inspectors, appraisers, realtors/brokers, etc…Physical ChecklistSpreadsheet for utilities that details age, composition, capacity, physical locations, etc…Any drawings or maps of the park and infrastructure including lot sizesSewer plant or septic system repair and maintenance recordsWater well tests and compliance recordsDisclosure from seller of current or recent problems with infrastructure including buildings, water, sewer/septic, gas, electric, etc…Names and contact information of contractors including plumbers, tree surgeons, electricians, gas inspectors, septic companies, roto-rooter services, etc…Locale ChecklistProfile local housing market:“Stick-built” – current foreclosure rate, months of available inventory, median home price, average rent per month, vacancy rateApartments – average rent per month, vacancy rate, prevalence of move-in specials…MHPs Comps – average monthly charges (rent, utilities, etc…), vacancy rate, # of homes for sale, etc…Profile local economy including population, major employers, unemployment rate and trendsCopies of city, county and state permits, licenses or certificates of occupancyCheck zoning for recent or pending changes to target property and adjacent parcelsCheck for known environmental issues with target property, adjacent parcels or in the communityCheck for major development or construction projects in the communityReview existing surveys or environmental reportsConsider geographic factors including elevation, annual snow fall, rain fall, proximity to bodies of water, etc…Disclosure from seller of current or recent lawsuits, regulatory or compliance issues, fines, fees, etc…
Johnson Michael My RE journey so far
4 June 2020 | 2 replies
I'm a Process Engineer by experience, did many years in an automotive supplier plant, so I like to think I have the eye and mind for breaking things down, finding the root of the issues, and building systems, so anytime you want to talk shop, or just shoot the bull I'm always down!  
Lisa Goodbrake Looking for a consultant to help me open a Vacation Rental Compan
7 June 2020 | 3 replies
I'm sort of in the same market, but substitute the fishing lake with a petrochemical refinery and nitrogen fertilizer plant
Cory H. Mobile Home Park with Waste Water Treatment Plant
29 August 2022 | 7 replies
I realize this thread is 9 months old, but I came across a similar MHP deal with a treatment plant and had concerns about the plant.
Matt Byrne How Soon is Too Soon?
9 June 2020 | 7 replies
The best time to plant a tree is 30 yrs ago... second best time is today.You are bound to make mistakes, we all do, just keep making new ones!
Martin W. Can anyone recommend a good drywall / paint subcontractor ?
9 June 2020 | 0 replies
Looking for someone experienced with smooth walls (level 5) or, if that's too hard to find, with quality old-world or troweled on texture.
Robin A Jackson Bank that portfolios investment properties? Cannabis issue.
24 June 2020 | 1 reply
I'd prefer to go this route first vs having my tenants clear all of the plants out and having to do the entire appraisals all over again. 
Geoff Chan Looking For Sacramento Contractor
10 June 2020 | 0 replies
Property is located in West Sacramento.Scope of work includes:- Framing walls and closet- Hanging drywall and Texture- Installing bedroom door and closet doors- Remove and dispose of existing flooringThanks in advance for the referrals.