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19 November 2024 | 10 replies
In-unit washer/dryer is always a plus people are willing to pay more for, but even it's just on site and not necessarily in their unit it will perform better than a space with no access to laundry.
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19 November 2024 | 24 replies
For example - you're starting a $100,000 remodel on a propoerty that you have acquired, the Scope Of Work includes basic lipstick stuff like a kitchen remodel, a bath remodel, and new flooring and paint.I would start with a draw of no more than $10k, that is more than enough to get anyone going and it shows your good faith.
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15 November 2024 | 16 replies
Quote from @Michael Baum: Hey @April Birdsong, so we have laminate on the main floor and I redid the kid's bunkroom in the lower floor with LVP.
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16 November 2024 | 5 replies
Before listing it, I had lots of expenses, including painting, floor refinishing, plumbing repairs, staging, cleaning, etc.In a 1031 exchange, I purchased two small multifamily homes which also have some roof work, painting, plumbing, etc.
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16 November 2024 | 6 replies
A pro tip is if you call shared office spaces or co working spaces in your city they also offer virtual mailbox services at usually better prices than the national ones!
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11 November 2024 | 0 replies
Purchase price: $250,000 Cash invested: $88,000 Commercial flex space.
19 November 2024 | 15 replies
This July, the tenant complained about a leak that managed to seep through the walls and onto the floor from the attic.
11 November 2024 | 3 replies
The water leaked through a shared wall into their neighbor's space and repairs are being made.
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9 November 2024 | 5 replies
It's great to run into other positive individuals in multifamily space.
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23 November 2024 | 38 replies
But if you look into their marketing, socials, Youtube, IG, past sales record on Zillow and stuff you can see if they really are in the investment space or if they work with traditional homeowners.