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18 December 2024 | 3 replies
Are you planning to hold as-is and focus on cash flow, or do you have a strategy for infill, increasing rents, or improving park infrastructure to boost value?
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19 December 2024 | 4 replies
We help our clients:1) Find a fixer-upper to buy2) We get bids3) Negotiate a Scope Of Work with the owner using "Maintain to the Neighborhood" to avoid over-improving, but understanding we will have to pass city Rental Inspection to avoid being a slumlord.4) Provide multiple jobsite videos to show progress and document WHAT was done and the QUALITY.5) Handle passing city Rental Inspection6) Find a tenant with a Replacement Guarantee per Class7) Assist with refinance, so client can repeatSo, why you looking OOS again?
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19 December 2024 | 6 replies
Both can save time and improve efficiency, depending on how hands-on you want to be.
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19 December 2024 | 10 replies
The property should have more impact than credit for hard money, but if you have never used the company, you are probably looking at 14 pct and 2-3 points now.
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15 December 2024 | 5 replies
For an unrenovated 1+Den/1BA LTR in our section of Northeast though, $1,300-1,400/month is certainly in the ballpark of what I could comfortably get with some very minor improvements to the space between tenants.So all that being said, I think your target of $1,500-1,600/month for your 2BR units would be more than doable.
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18 December 2024 | 6 replies
Primarily, my work has been in small commercial retail buildings (new construction and tenant improvements) with some work in single and multi family projects.
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18 December 2024 | 2 replies
This will allow the team to develop and review project processes and management strategies to move forward with more challenging, yet rewarding, properties.I come from a very process-oriented background (Mechanical Engineering), and my goal is to learn and develop each step of the process, from start to finish, to continuously improve the team and ROI of each project.
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31 December 2024 | 57 replies
You can do whatever you want in terms of bending for the tenants and trying to provide "great service,' but the truth is you receive no credit for it and will be the evil landlord at the first repair that takes too long, late fee owed, alternation denied, etc.
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23 December 2024 | 10 replies
Start with these three key points:Current SituationAssess your current or expected capital and credit within a realistic timeframe.
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19 December 2024 | 25 replies
I think we are decent at bookkeeping- but have areas we can improve on.