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21 November 2024 | 14 replies
They typically have soil scientists in-house that can analyze the soil for you and provide you with a detailed report of the conditions and give you recommendations on how to prepare the soil for construction.
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18 November 2024 | 12 replies
Given its age, we’re planning for a roof replacement and two new AC units within the next few years, which we estimate will cost around 15 - 20k in total.Our single family rental, built in 2020, is newer, so we don't expect major repairs anytime soon.On average, the duplex runs about $400–500 per month in maintenance and repairs (including significant repairs like AC replacements), whereas the SFR averages under $100 per month.
19 November 2024 | 15 replies
Are their listings detailed with good-quality photos?
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21 November 2024 | 39 replies
And while someone paying a professional to do a detailed and relatively costly search may be able to ascertain your wealth status; a superficial search would probably leave the potential plaintiff believing you lacked the assets to make a lawsuit worthwhile.
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18 November 2024 | 13 replies
If you haven't done so, you may want to get an estimate for a cost segregation study on these units.
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22 November 2024 | 92 replies
Times change, markets change, interest rates change, but we still hear about these same old "rules" decades after they lost their relevance.The same logic applies for napkin math rules that say that capex, vacancy, repairs, or whatever, should each be estimated at X% of monthly rent.
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26 November 2024 | 44 replies
You can request to be the sole seller, ensuring no one else shows the property.Risks: Limited Transparency: Less public scrutiny and detailed information.
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16 November 2024 | 6 replies
Firstly, regarding the location, I understand that exact location details can be helpful for some investors, but it's my personal preference to keep that information private for now.
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16 November 2024 | 12 replies
Here are some numbers: Current PITI: $3,970Estimated rent: $4500-$5000 (there are several homes within 4 blocks of mine that owners have turned into rentals and I've been able to compare online pics to our home, so I am confident this is a good estimate)Sq ft: 1790Estimated sale price today: 1150000-1250000Mortgage balance: 612,000I would self manage.
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15 November 2024 | 3 replies
@Vikash NandConsider books like “The Book on Estimating Rehab Costs” by J.