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16 October 2024 | 5 replies
There’s an entire “industry” consisting of gurus, attorneys and title companies that provide services and advice for transacting real estate without paying off the existing lien(s).
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17 October 2024 | 16 replies
Do you by any chance have a general contractor that you recommend that services Miami?
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17 October 2024 | 4 replies
@Joe Jor brings up some great points and I like his suggestion for contacting the building dept.You may also be able to negotiate credits or for funds to be held in escrow - until seller removes open permits, violations, etc.Lastly, for estimates on the work that will need to be completed on the property, you could also contact an expeditor who services Westchester.All the best to you on your search!
18 October 2024 | 34 replies
To add additional context, I would personally be more willing to sign my name onto a $6M mortgage collateralized against a $10M asset in an "A" market that has historically low vacancy rates, no deferred maintenance and is located in a stable market with a rent roll that covers the debt services and operating expenses with reasonable cushion for reserves than sign my name on a $90,000 loan collateralized against a $100K property in a C/D unstable market with high vacancy rates and where capex will disproportionately impact operations.
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15 October 2024 | 26 replies
Not only attorneys, but accountants, architects and other professional service providers.
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16 October 2024 | 5 replies
Unfortunately, I don't think it's realistic that you will find a generic commercial lease online that checks all the compliance boxes for your state, city, and county.There are limited service property managers that will do retail tenant placement (rather than full property management, which it seems like would be overkill for this one commercial unit you manage), and this would be included as part of that basket of services.You could also hire a lawyer, but I think that property management company will be more cost effective.
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16 October 2024 | 10 replies
.$10,000 + 5 estimates if possible with full break down of services Unfortunately I don't know of any contractors down there just wants to say Congratulations on your purchase!!!
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18 October 2024 | 25 replies
My water usage bill is the same, general lability coverage is the same, if and when I have to replace my water service line it will cost the same, the cost for my lawncare and snow removal costs the same, exterminating services cost the same and the list goes on.
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17 October 2024 | 13 replies
It’s a great, relatively inexpensive service—especially when you know how to build your property criteria.
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19 October 2024 | 16 replies
I conducted a survey in 2005 when I launched my investor services business, and 13 out of 15 property managers described the same properties.