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30 November 2016 | 41 replies
For example I currently don't have to pay for repairs when stuff breaks, I don't pay water/gas/sewer/taxes which will inevitably make owning a bigger monthly cash outlay.
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26 March 2017 | 10 replies
There are many tests that need to be conducted to ensure the land is not contaminated (the tanks always leak).
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6 September 2016 | 8 replies
BUY quality SINGLE FAMILY homes SFH.that appreciate.4.Always do a home inspection using a certified home inspector ( with utilities turned on) and separately hire an A.C. company to thoroughly inspect the state of the HVAC ( it might be blowing cold air today , which passes a home inspectors test) but the coils might be shot and the system riddled with leaks and crushed air handling tubes.
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6 October 2016 | 19 replies
WSG is $100 gas and electric is around $100 as well.
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2 September 2016 | 8 replies
@Jen TeskeI don't know the area so I can't speak about the market you're in, but just by looking at the #s, you're missing a few things: Water, Sewer, Heat, Electric, Gas, Trash, Lawn/Snow removal, Cap Ex, Property Management (even if you're self managing, this needs to be factored in if you want to scale), and although you did include vacancy, if a real vacancy were to occur on a SF you'd have a 100% vacancy, making it negative cashflow since you'd have to cover all the expenses, not knowing when it'll be filled again.
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5 September 2016 | 1 reply
Have they had a flood or leak?
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7 September 2016 | 12 replies
@Jim AdrianI can get estimates from the modular home manufacturer.I'm looking for some idea what to expect "resurrecting" a subdivision that was never completed: complications with the city, dealing with the utilities - electric, gas, telecom, etc., merging new homes with the existing HOA (if any), ...
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3 September 2016 | 2 replies
Dear BP community;My A/C unit leaked and I had to pull the carpet from the adjacent room I am looking for a good hand man to install tile in the room.
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8 September 2016 | 19 replies
Learn a LOT about investing out of state.Research the market you are going into and figure out the best markets.Make connections in those markets and vet those connections.Save up more money and move up from the war zone and go to a $30,000 to $50,000 minimum market where there is less crime, less vacant lots and vacant houses, where the police will actually respond to a call from a homeowner, where there are jobs for your tenants to work at, where there are schools for your tenants to send their children, where there are real grocery stores for them to buy real food (not gas station or fast food).
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3 September 2016 | 2 replies
You might have to find a small type catch all brokerage that dabbles in residential and small time commercial.These types of firms do residential and a few land sales and occasionally a small gas station or inherited type small building commercial.For the experts that only do one asset class the small deals like this do not make sense as they typically have a lot of (hair) on the deal meaning many issues to work through.