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22 February 2015 | 15 replies
Irma,I presume you mean apartments which have inadequate natural light - perhaps the kitchen or living room(?)
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13 February 2016 | 6 replies
Either a portion of it or all.
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21 February 2015 | 5 replies
I do know if YOU do any kind of work to the house that exceeds $500 and YOU're not a General Contractor, you have to hold the house for 12 months before you can sell it, or all of the work has to be done by a GC.
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25 February 2015 | 33 replies
Gross Potential Income $132,000 - Vacancy ($10,560) 8% - Concessions, Loss to Lease, Bad Debt $0 Effective Gross Income $121,440 Other Income (Laundry) $2,500 Total Net Income $123,940 EXPENSES Real Estate Taxes $12,500 Insurance $0 Contract Services $2,190 Trash Removal $0 Electric $0 Gas $0 Water and Sewer OR All Utilities $37,500 Legal $1,000 Management Fee 8.00% $9,915 Repairs and Maintenance $7,500 General/Admin $1,100 Payroll $0 Other $500 Deposit to Replacement Reserve $3,000 Total Expenses $75,205 Net Operating Income (NOI) $48,735 Debt Service Principal $7,384 Interest $24,857 Total Debt Service $32,242 Total Distributions to Members $16,493 Member Contribution $234,163 ROE 7.044% Member Cash on Cash Return 7.04%
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24 February 2015 | 18 replies
You're communication with the seller and building rapport can put you in a position to propose any or all three suggestions to find the right solution for the seller.
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25 February 2015 | 11 replies
A few notes: the 50% rule of thumb is based on the experience in the industry, but it will be between 40% (self-managed, tenants pay utilities, newer home) and 60% (PM managed, you have some or all utilities, older home or deferred maintenance).
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24 July 2015 | 13 replies
I can do them one at a time or all together depending on what one needs.
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19 May 2015 | 14 replies
If you're interested we can talk more about it)2) Find an owner carry situation and use that as part or all of your down payment.
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28 February 2015 | 1 reply
SB 15-177 does not to require home owners to acknowledge the validity of the construction defects claim but requires a Board to inform home owners of their intent on litigation (for any one or all home owners) and gain a majority of home owner approval to use HOA funds for litigation.
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16 January 2016 | 17 replies
Depending upon the area you might do this for just your exterior doors or all doors on the property:To Reduce Wear from AbuseUse longer than standard screws on the hinge plates of the doors you install.Increase the number of hinges you install from 2 or 3 to 5 or 6.