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20 September 2024 | 2 replies
Another thing to be aware of is the moving and installing of these homes.
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24 September 2024 | 27 replies
Very little land available for proper zoning or pricing.Realtor/Owner of property offered to us at $900,000.
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22 September 2024 | 41 replies
As a triple net lease tenant the property will get cleaned weekly, while making sure the property is properly maintained.
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21 September 2024 | 1 reply
As long as you give the proper notice to the tenants, you should be fine.
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20 September 2024 | 2 replies
New user, first time post.Trying to gather info for an HOA Board about possibly having the HOA buy 'bulk' cable TV, Internet (Wi-Fi) with VOIP for use by each owner in a 55 year old and over HOA with 62 dwelling, plus a clubhouse with at least two additional TV usage locations (main clubhouse room, plus exercise room).Cox/Xfinity is the current supplier for the entire property which only has coax cables installed on the property below ground.
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20 September 2024 | 36 replies
During one of my rehabs they made me replace a brand new window I installed because it was 2 inches short from code.
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20 September 2024 | 8 replies
It totally needed a new roof due to the flashing being installed poorly.
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20 September 2024 | 17 replies
Have you verified with your builders risk carrier that you will have coverage if there’s a claim and the renovation is completed without proper permits?
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23 September 2024 | 25 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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19 September 2024 | 2 replies
The seller countered, explaining that they had installed a new AC unit and made other updates and they would not consider going any lower.