
8 May 2024 | 14 replies
Onr of my rentals origanally had a floor register for the heat with hardwood floors , I made an inlay pattern out of red oak and white oak . the rest of the floor was white oak . it became the center piece of the room .

8 May 2024 | 0 replies
Furthermore, understanding the resident characteristics allows me to measure the target market and modify my investment strategy accordingly.Inspection ChecklistSituations vary from one property to the next, but here is an on-site inspection checklist to get you started:Interior Units:Inspect vacant units, including one of each finish out type (Classic, Reno, etc.).Check all down units.Inspect one unit from each unit mix.Exteriors:Landscape:Look for overgrown bushes.Identify trees that need trimming (no branches hanging over the roof).Take pictures of the following:Curb appeal on all sides facing the street.Landscape around the office and amenities.Overgrown bushes or trees.Any dead landscape.Areas that may need sod or mulch.Assess drainage:Ensure water flows away from building foundations.Check slope, gutters, downspouts, surface drains, French drains, etc.Exterior Walls:Determine the existing material (wood, vinyl, Hardie, brick, stone).Assess the condition of the walls.Note if painting is required.Take pictures of each building, including building number, each elevation (clockwise), and any breezeways or niches.Windows:Evaluate the condition of existing windows.Consider whether solar screens should be installed.Roof:Identify the type of roof.Assess its condition and age.Parking Lot:Check for potholes.Assess the need for restriping.Note whether the parking lot is concrete or asphalt.Evaluate drainage issues.Walkway:Look for tripping hazards.Assess drainage issues.Foundation/Gutters:Inspect for cracks in the brick.Check for separation in corners from fascia and trim boards.Evaluate drainage and identify poor drainage areas.Amenities:Identify possible improvements.Consider adjustments or additions that can enhance amenities.Talk to the Staff:Maintenance: Inquire about the physical condition.Office: Discuss current residents, delinquency, and potential changes to add value.Assess whether rents are too high or too low.Confirm rents and what is included/not included.Confirm other sources of income and associated charges.Confirm occupancy, pre-release, and vacancy numbers.Note: Maintain professionalism and avoid insulting the owner or broker, regardless of the property's condition.Keep in mind that investing in real estate is like solving a puzzle—you need all the pieces to see the big picture.

9 May 2024 | 107 replies
We're conservative investors and we like every piece of the pie.

8 May 2024 | 8 replies
I did end up going with their contractor and it was mostly for piece of mind while I get my feet wet and learn.

7 May 2024 | 14 replies
Individual mail pieces can run you from ~ $0.40 - $0.75 depending on the type of mail-piece and size of your order.

14 May 2024 | 164 replies
But we taped vapor barriers that were called out on home inspections we took up the cellulose debris ( wood pieces ) my finish carpenter was there I had him come over and adjust a door that was catching.. ( client gave me the key to his house while he went Kayaking on the Oregon coast).

8 May 2024 | 14 replies
A cost segregation study breaks the property into smaller pieces based on useful lifespan and shows what can be taken on an alternate depreciation schedule.

7 May 2024 | 14 replies
Firstly, various government policies and programs aimed at promoting homeownership can sustain or increase these rates, even amidst rising prices and interest rates.

7 May 2024 | 0 replies
Long term the plan is this property is a key piece of our retirement, wondering if we can do better.Thanks and open to sharing more information if it will help with anyones feedback!

7 May 2024 | 6 replies
@Ian MoralesFrom my perspective as a lender, I consider ourselves the final piece of the puzzle in your real estate investment journey.