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9 July 2024 | 9 replies
Every system you try will have flaws or you'll salivate over a feature that shows up in other software.
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9 July 2024 | 6 replies
They also offer potential partnership and more efficient systems than I can offer on Rehabs, management, etc...I love to work with investors, it is the folks that are never going to buy that want hours of advice for free that are the tough ones.
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10 July 2024 | 17 replies
A lot of times people will wait until they have multiple to really get their systems in order.
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12 July 2024 | 23 replies
Happy to share the systems and techniques that work in New Jersey and help map out a plan that can get you on your path way to FI.
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8 July 2024 | 3 replies
It currently has no cooling system (just ceiling fans).
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8 July 2024 | 2 replies
As a hard money lender who works with many investors in the Portland area, I can share some insights on maintenance costs for multifamily properties in this market, though individual experiences may vary:Lots of investors report a slight decrease in maintenance costs during winter months, bc of:- Fewer landscaping needs - Less wear and tear on HVAC systems (as heating is generally less intensive than summer cooling)- Reduced tenant turnover in winterWinter-specific issues can arise:- Potential roof repairs due to heavy rain or occasional snow- Gutter cleaning and maintenance to prevent water damage- Heating system repairs or maintenancePortland-specific factors:- The mild climate helps reduce extreme weather-related maintenance issues. - Older housing stock in some areas may require more upkeep. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!
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8 July 2024 | 17 replies
It’s a very popular system.
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8 July 2024 | 6 replies
(see photos)There is a floor drain on the other side of the 2x6 wall(about 10 feet). so i would just need to tie it into this I am budgeting 20K for a brand new plumbing system for the whole house already since there is not anything in the house currently.The basement floor is already ripped out and down to dirt.
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12 July 2024 | 42 replies
Buildings like that can be stabilized with careful screening, access control and surveillance systems and coordination with community policing.
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10 July 2024 | 12 replies
He should be able to connect you with their systems, processes, and real estate such as PM, contractor, lenders, etc.