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15 July 2018 | 8 replies
If so, what did your leases state, if anything about a situation where the landlord could not supply the unit to the tenant?
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4 July 2018 | 3 replies
Inspection deadline is tomorrow.Thanks again everyone :)___For Context, boiler details:Approximate capacity: 105,000 BTU/hrEfficiency: ConventionalExhaust venting method: Natural draftApproximate age: 38 years 39 years 40 years 41 years Near end of life expectancy Typical life expectancy: Boiler (cast iron) 25 to 50 years Main fuel shut off at: MeterFailure probability: Medium Supply temperature: 180°F The following issues were noted at the time of the inspection: 1.
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9 July 2018 | 21 replies
Getting a loan where I put up the inital 20k and the funder supplys the rest of the 85k rehab cost, is simple.
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3 July 2018 | 16 replies
I have bought houses where the tenants jumped the meters,but now most power companies have smart meters which prevents this type of theft,it still the electric company responsibility to supply the meters stolen or not,
1 July 2018 | 11 replies
In short, you need to ask yourself how will the appreciation that has occurred over the recent years be sustained, and what driving forces will happen going forward to continue the price trends of demand > supply??
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19 July 2018 | 12 replies
We keep all of the supplies in the owner's closet and she replenishes everything.
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29 November 2018 | 6 replies
And therefore, housing expenses go up – whether it’s rent or purchase price.It’s simple supply and demand.If you’ve read some of my other posts here about millennial migration and the trends affecting the Sacramento and Stockton housing market, you’ll understand why there has been a sudden increase in demand for Central Valley housing as of late:https://www.biggerpockets.com/forums/621/topics/396725-millennial-migration-to-sacramento-2017---here-comes-the-rushhttps://www.biggerpockets.com/forums/627/topics/528157-stockton-the-last-bastion-of-housing-affordability-in-californiaThis trend isn’t stopping either… more and more millennials are turning 30 every year (over 4 million) and the average age a woman has her first child is 28.
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5 August 2018 | 17 replies
While it's great that unemployment has gone down, average wages have gone down more than 1% meaning people might have a job, but those entry level jobs don't really pay muchInventory for home purchases are significantly depressedDepressed inventory is creating higher prices (the old supply and demand)Increasing interest rates are also hitting people's debt ratios, so where they were able to buy a property last year with a 50% debt ratio, that same property has gone up in value and there has also been about a .5% to .75% increase in the interest rate.
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5 July 2018 | 2 replies
----------------------------------------------SO............ my personal experiences seems to be far different than those that are really stating that these higher priced MSAs are not good for investing.BUT, as you can see, I have been incredibly successful by investing in these higher MSAs, but in my specific locations in Brooklyn, looking for higher rental appreciation and value appreciation as well as a large supply of great tenants and low crime.When I now go back to the article, which really is a bit misleading from the Headlines, here is the remaining part of the New York area statistics that I left out above:10.
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9 July 2018 | 8 replies
Overall supply levels are less than 2 months for the metro overall.