
15 November 2020 | 15 replies
I've scouted places both physically and online in Milwaukee - single-family homes, South Side Chicago (Woodlawn area) - condos, and in NW Indiana (Hammond & Whiting) - multifamily and single-family homes.

8 May 2020 | 12 replies
Now we will be able to request all permits online without physically going to L&I.

11 March 2020 | 4 replies
Tell them who's on your team or see if they have a team they prefer you use.2) Be active in both your physical and virtual RE communities.

12 March 2020 | 11 replies
Many OOS investing require a boots-on-the-ground team in order to keep their projects protected both fiscally and physically.

11 March 2020 | 40 replies
If she is realizing that she cannot physically do the stairs and they are structurally sound, then offer to let her out of her lease, but if the stairs are truly unsafe then FIX THEM!

10 March 2020 | 1 reply
I know it says you need a physical address but would that count?

10 March 2020 | 2 replies
Can you make any money if you can't physically do any of the work?

11 March 2020 | 10 replies
Sorry you had that terrible experience with them :(What’s important to me being a part time agent is not being required to be at a physical office, good split, simple administrative process during closing and a quick turnaround on commission payment 😂.

10 March 2020 | 2 replies
Account for a thorough physical and title inspection of the property.

2 April 2020 | 7 replies
The “key” elements of the transaction are explored first and usually, the most intensively.The buyer should provide the seller a comprehensive disclosure statement and include a term in the purchase agreement that obligates the seller to return the document within 5 days of acceptance.Professionals are hired to complete Phase 1, 2 & 3 reports that identify potential or existing environmental contamination and all other elements of elements that are difficult for the buyer to effectively evaluate.Financial Checklist3 years profit & loss statementsRent roll with space number, name of resident, move-in date, renter or owner occupied, number of occupants, monthly rent, additional charges, current balance due and any relevant notes about the residentList of capital expenditures for the last 3 years3 years of tax returns12 months of bank statementsCurrent accounts receivable statementList of park owned home including copies of “rent to own” or sales contractsCopy of all current insurance policies, binders and premiumsSpreadsheet detailing who pays all utilities including water, sewer, gas, electric, trash, cable, etc…For all utilities and charge backs, formulas, calculations and meter readings for the past 12 months3 years of utility billsProperty tax bills for the last 2-3 yearsCurrent staffing list including position, wages, job descriptionsCopies of any contracts that will transfer to buyer including laundry, trash, phone, equipment, etc…Dates and amounts of the last 3 rent increasesSigned rules and leases for each residentNames and contact information of professional service providers including lawyers, accountants, engineers, insurance brokers, inspectors, appraisers, realtors/brokers, etc…Physical ChecklistSpreadsheet for utilities that details age, composition, capacity, physical locations, etc…Any drawings or maps of the park and infrastructure including lot sizesSewer plant or septic system repair and maintenance recordsWater well tests and compliance recordsDisclosure from seller of current or recent problems with infrastructure including buildings, water, sewer/septic, gas, electric, etc…Names and contact information of contractors including plumbers, tree surgeons, electricians, gas inspectors, septic companies, roto-rooter services, etc…Locale ChecklistProfile local housing market:“Stick-built” – current foreclosure rate, months of available inventory, median home price, average rent per month, vacancy rateApartments – average rent per month, vacancy rate, prevalence of move-in specials…MHPs Comps – average monthly charges (rent, utilities, etc…), vacancy rate, # of homes for sale, etc…Profile local economy including population, major employers, unemployment rate and trendsCopies of city, county and state permits, licenses or certificates of occupancyCheck zoning for recent or pending changes to target property and adjacent parcelsCheck for known environmental issues with target property, adjacent parcels or in the communityCheck for major development or construction projects in the communityReview existing surveys or environmental reportsConsider geographic factors including elevation, annual snow fall, rain fall, proximity to bodies of water, etc…Disclosure from seller of current or recent lawsuits, regulatory or compliance issues, fines, fees, etc…