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7 October 2016 | 5 replies
The only apparent necessary capital expense is redoing the roof.
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16 November 2016 | 10 replies
The roof is a copper color.
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4 October 2016 | 1 reply
.- Monthly Expenses: taxes: $125, water/sewer: $150, garbage $50, insurance: $125, repairs 5% (newer finishes, metal roof), vacancy 5-10% conservatively.- I'd be looking at a conventional loan (possibly owner contract) with 25% down.
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25 October 2016 | 11 replies
Age of roof?
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5 October 2016 | 11 replies
I would be sure to ask about original purchase price and what was done during rehab (including life expectancy of appliances, flooring, roof etc), as well as for an appraisal and comps to ensure you're not buying at or above market.
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3 October 2016 | 1 reply
(25K for the swap, $10K for the appraisal/condition inspection $10K for the (They felt there was about $900,000 in maintenance that would need to be done over 10 years) Roof's, elevators, blacktop etc.
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5 October 2016 | 13 replies
Not saying you need to know if it is 99 studs or 100 studs, but roof... plumbing... electric... fixture budgets... etc.
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6 October 2016 | 33 replies
This is like a forced savings where these funds will accumulate until you need to make a Capital Expenditure (roofing, replace hvac, road work, etc).Getting private money lenders at 4% for 6 years is very unrealistic.
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4 October 2016 | 8 replies
Capex is big things like roof replacememt, HVAC replacement, etc.