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21 May 2024 | 11 replies
Other than that, there may or may not be a water main, sewer hookup, or electric at the site.
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21 May 2024 | 48 replies
I had to deal with a lot more issues than I've ever had in non-S8 rentals like extensive property damage and also bed bugs, roaches, drain lines completely clogged up by grease (I learned what sewer worms are, look it up), spray paint art on walls and food on ceilings, noise complaints, police at the property, removing dead bodies, etc. 4.
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20 May 2024 | 20 replies
I have seen one bad tenant crush an entire 4 unit building with bed bugs, non payment of rent, and drive good paying tenants out of the building.The location is the # 1 priority, after that asset condition is really important.
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21 May 2024 | 8 replies
I upped the electrical service from 200 Amps to 400 Amps to accommodate future car charger(s).
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20 May 2024 | 4 replies
I have a bias for sure to the west coast compared to FLA weather totally flat terrain humidity and bugs.
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20 May 2024 | 14 replies
The title company did a search and found out the sellers haven't passed a electrical and mechanical inspections and owed money to the county for delays.
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21 May 2024 | 16 replies
I had issues with a repair, they left my tenant with electrical issues for more than a month and never told the tenant what was going on.I am curious if the PM is my issue or the company.ThanksDavid Burrell
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20 May 2024 | 8 replies
In diligence, compare the prior annual revenue to the reality of electrical usage (come up with a constant of power cost per day per occupied space and then take the actual power bill and see roughly how many occupied units you have).Much of RV park and mobile home park is 100% overlap: how to find them, negotiate them, do diligence on them, renegotiate them, finance them, turn them around and operate them.
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19 May 2024 | 8 replies
I made same decision on the electrical.