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25 July 2024 | 17 replies
There are water stains in the ceiling, the electric needs some help in the floor two bathroom, as well as the water pressure in the shower.
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24 July 2024 | 6 replies
I joined bigger pockets a while back but had to focus on paying my way through school and passing a dual major in Chemical Engineering and Paper Science Engineering.
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24 July 2024 | 6 replies
A local engineer can help understand all of these items.Good luck on the project.
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26 July 2024 | 23 replies
Currently I have 2 accouts in my name at my current address's I have the property management meter gas & electric which is the main meter for the priority & my own which is my apartment.Ask me how I had 2 accounts at the same address?
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25 July 2024 | 14 replies
Other then having a decent cash buffer as backup for vacancy+ things that will break and having insurance for each property what should i need to do to keep the engine flowing smoothly .
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23 July 2024 | 1 reply
A friend suggested setting the high school rating above 7 in the Redfin search engine, along with other filters, for my house search.
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24 July 2024 | 1 reply
High paying local jobs.Monthly cash flow: $306 /moIncome: $2,250 /moExpenses: $1,943 /moCoC ROI: 2.69%5-year annualized return 4.91% Mortgage payment $1,394.53Rental income: $2,250/mo Expenses: $1,943Loan detailsTotal cash needed $136,739Purchase price$ 336,990Loan amount $206,990Loan term 30 yearsInterest rate 7.1%Monthly expense breakdownTotal expenses $1,943Mortgage $1,395Taxes $280Insurance $47Variable expenses $180Fixed expenses $42Monthly Fixed expenses: $42 electricity $0gas $0water & sewer $0hoa fees $42garbage$ 0Other$ 0Monthly Variable expenses $180Vacancy $180Maintenance $0 (new construction)CapEx $0 (new construction)Management fees $0 (self manage)ReturnsNOI$ 20,412CoC ROI 2.69%Pro forma cap 6.06%Purchase cap 6.06%
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24 July 2024 | 10 replies
This depends on the neighborhood, material/finishes, custom touches, new roof, HVAC, electrical, plumbing, and ARV.
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23 July 2024 | 7 replies
About $250 to $300 per square foot, because it is small which drives the per sqft cost up absorbing kitchen, bathroom, plumbing, electrical, utilities, basement, roof and impact fees into a small footprint.
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25 July 2024 | 18 replies
Owning a car wash means you need to know plumbing, electrical, mechanical, and when to call the experts.