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12 August 2024 | 6 replies
On REOs, HUDs, VAs and other you can get inside but most of the time the utilities are shut off, and heat has been off for a long time at least one winter, in some cases more than one winter and are possible freeze damage to water pipes, hot water heat pipes and even boilers/hotwater heaters.
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12 August 2024 | 13 replies
Cool seal does not save the overhang/drip edge and you will eventually get water down the walls.
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12 August 2024 | 5 replies
No water is leaking into the unit, the ceiling tiles just get a slight discoloration.
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10 August 2024 | 2 replies
I'm on vacation until Monday, but couldn't resist the keyword notification : ) Feel free to send me a text and we can get a call scheduled.
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12 August 2024 | 6 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).
12 August 2024 | 2 replies
Which means even if you had an inspector there on that day, it would be a few days before you could get coverage (assuming there were no issues needing remedying first, like an old water heater, roof, etc.).
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12 August 2024 | 0 replies
I wanted to open up a discussion about buying and selling real estate in today's market conditions.I am a Real Estate Agent and Investor, but whether you're a seasoned investor or a first-time buyer, navigating these waters can be challenging.
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15 August 2024 | 28 replies
I provide enough water, coffee, and a few snacks to help them get settled in.
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13 August 2024 | 97 replies
Or do a partial slab, leaving key trenches in place to run water and sewer, and slide into place.
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14 August 2024 | 64 replies
- They're very robust in content (which is critical in conversion on high resistance types of asks, like selling a property).