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1 October 2024 | 29 replies
For example, I’m doing three side by side duplexes and it’s costing me $135 psf, but I had to spend an extra $10k per foundation because of bad soil, and the smaller the property the higher the cost psfI’m working on a 28 unit with elevator, demo required, green roof, and it’ll cost me around the same psf as the duplexes.I’m doing three side by side triplexes which are full renovations, basement digout, all new facades, and that’s costing me about $106 psf for construction Non of these numbers include architecture, geotech, MEPS, environmental, utility plan, or finance costs
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27 September 2024 | 6 replies
We charge one month rent and one month security deposit before move in (make sure payments have cleared before turning over keys) One month security is max allowable by Delaware Landlord Tenant code.If they have a pet you can charge a pet deposit (again, by state code, DE you can charge up to 1 month rent)If separately metered utilities, make sure they've transferred them into their name by providing account numbers and also a copy of their renter insurance before move in.Good luck!
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27 September 2024 | 13 replies
You technically need to be registered in the state where you will be utilizing the legal system.
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27 September 2024 | 27 replies
Fortunately, we were able to creatively utilize a “work around”.
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28 September 2024 | 1 reply
He missed the target by nearly a month and we ended up paying holding costs, HOA, Utilities etc for an extra 6 months until finally selling in the spring for a reduced price.
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1 October 2024 | 26 replies
I paid that same day a manual payment through their portal system 1,028.11 (915.00 rent, 15 Utilities Setup, 30 Valet Trash, 5 pet control, 5 Packages, 25 monthly deposit, and 31.61 Pro-rated rent) Click Pay...
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26 September 2024 | 0 replies
On that campground, we have a conditional use permit (CUP) and have been approved by San Bernardino County by land use services to modify the prexissiting CUP with some additional units, dry to wet campground, pool, gazebos, utility building, etc. it’s a big project.
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21 September 2024 | 8 replies
I have a potential tenant who feels utilities should be included.
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26 September 2024 | 3 replies
Tenants should always pay for their own utilities, whenever possible.
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1 October 2024 | 37 replies
The beauty of real estate is that you can spend as much or as little time on it as you want, it really just depends on the strategy you want to utilize and how active you want to be.