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6 March 2020 | 4 replies
Couple of variables.. depending on which part of the country you are the hacked SFH can likely be a basement apartment.. above grade sqft is rated much higher than below grade.. if this is the case more than likely the purpose built duplex will have more value..
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17 March 2020 | 18 replies
I'm sorry my comments trigger you... this is Real Estate - this is not an everyone gets a trophy business like your 2nd grade soccer team.
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6 March 2020 | 3 replies
Cleveland is the one I am most familar with and it's also very popular with investors across the USA so I figured you'd get some value out of reading The Ultimate Guide to Grading Cleveland Neighborhoods.
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5 March 2020 | 0 replies
Hello all:I need to get flood insurance on one of my rentals which is a 4-plex, slab-on-grade, in Madison, AL (Madison County).
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6 March 2020 | 3 replies
would be appreciated - my numbers for this property are here below:Market Value $320k; Zillow says the home value will stay the same for the next year though (it has tapered off in the last year)Remaining Principal: $110k5BR, 3BA + Basement, 2500 sq ftCurrent Rent: $1950/moExpenses: $1900/mo (5% vacancy rate, estimated expenses, $500 HOA, $4800 in property taxes, $1800 in insurance, $900 P&I included)Located in Suwanee, GA:Great Schools Rating: 9 (High School), 8 (Middle School), 10 (Elementary School)Niche Grade A+; Public Schools A+, Jobs A, Crime/Safety B, Cost of Living C+24% Rent, 76% Own#2 Best Public Schools in Georgia#5 Best Place to Raise a Family in Georgia
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11 March 2020 | 11 replies
What class/grade of rental property makes a big difference in improvements (as far as what or to what extent)On a flip, usually the improvements are more significant than a rental as a flip is likely going to go to someone as their home.
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21 March 2020 | 4 replies
Cleveland is the one I am most familiar with and it's also very popular with investors across the USA so I figured you'd get some value out of reading The Ultimate Guide to Grading Cleveland Neighborhoods.
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31 March 2020 | 55 replies
Cleveland is the one I am most familiar with and it's also very popular with investors across the USA so I figured you'd get some value out of reading The Ultimate Guide to Grading Cleveland Neighborhoods.
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19 April 2020 | 22 replies
Check out The Ultimate Guide to Grading Cleveland Neighborhoods.
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17 March 2020 | 13 replies
We are nor panicking instead trying to think though some scenarios and communicate/plan on paper . 1.Ownership:1.Create a “Medial Power of Attorney” to take over decision control if any/all owners get sick 2.Communicate ownership delegation with property manager2.Property Manager/Other Employees:1.Communicate CDC requirements 2.Outline and agree upon rent collection work process if city were to shut down 3.Outline and communicate a call tree identifying repair personnel 3.Safety:1.For employees: Release funds to buy protective gear while working within premise 2.For tenants: Communicate 2 times a week with CDC requirement as COVID19 is a REPDI development 3.For Owner: Identify all elderly tenants and communicate with them to call CDC if they would show any sign4.For Owner: Identify companies who does preventive medical grade clearing if any cases to be identified within premise. 4.Insurance :1.Confirm with current insurance to avoid and potential liability from owner to tenant negligence perspective 5.Operations:1.Review plan for marketing to get tenants if people were to leave during outbreak 2.Review plan for eviction during shutdown (if any) 3.Review cash position: 10 months cash supply covering 10 month of debt payment .