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25 July 2018 | 9 replies
I am also wondering about the electric and gas numbers.
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23 July 2018 | 1 reply
Hey Memphis, think about that.2017 "claimed" financials:Total Income 376,572Total Expenses: 227,348Net Income: 249,223Estimating a potential DSCR of 1.75 as-is.The top expenses are management, taxes, and Utilities (gas, electric, water, sewer etc.)
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22 July 2018 | 2 replies
I hear people all the time say they can do rehabs for 60K and I walk in to see their work or what they accomplished and they half way demoed the job and didn't even replace all the plumbing or electrical.
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23 July 2018 | 6 replies
various repairs have different returns some like a kitchen remodel get a lot of bang for their buck, others need to be done but don't add a ton of value like upgraded electrical.
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24 July 2018 | 1 reply
Also, if you know of any bodies of works (books etc...) that would education one on building regulation that home inspectors place violations on such as electrical, construction, etc..., I would love to get my knowledge enhanced on that as well.
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4 September 2018 | 3 replies
It is mostly materials and I won't need to use a GC as the electric and plumbing are all basically new.
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24 July 2018 | 3 replies
It is still in exclusive period so you would have to live there for a year.Looks like it needs a new kitchen, plumbing failed and missing electrical components.
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23 July 2018 | 1 reply
Gardener or sewer/ trash for example (sometimes included in property tax bill). or if your property has any common area utilities, like electricity or water that is not individually metered between the units.
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5 August 2018 | 5 replies
Im no contractor but I’m decent with general paint, plumbing, electrical, etc.
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31 July 2018 | 10 replies
Even if the landlord pushes the expense off on the tenant, good luck retaining people when you hit them with a $200 electric bill in the winter.