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7 February 2025 | 11 replies
Consult eviction attorney regarding commercial; I'm specifically a residential PM and commercial usually has different rules because of the nature of the investment and occupancy (tenant doesn't [usually] live there)
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11 February 2025 | 0 replies
Natural Resources Inventory/Forest Stand Delineation Plan l.3.
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6 February 2025 | 1 reply
.- To utilize the Mills Act requires a few things: An application (not free), inspections, and most importantly a contract with the city in which you promise to rehab and maintain the historic nature of the property.- The inspections are only 5 years, but tenants are not likely to take care of them home as well as you, and refurbishing hardwood, lath and plaster, and anything else is going to be much more expensive than the typical Landlord special (white paint, and grey LVP)It will all come down to making your numbers work.
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12 February 2025 | 17 replies
After some research online, I am reading that the cost per square foot on a gut renovation of this nature in Stamford CT is anywhere from $150-$350, which is ultimately not very helpful, because at $150 per sq ft, this is a very appealing project with a total profit of ~$175K (46% ROI) and at $350 per sq ft, it very much isn't, because it would be a net loss of 83K (haha).QUESTIONS:What can I do refine my estimate a bit given that I am not allowed to a formal inspection on the property?
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15 February 2025 | 12 replies
The term “Mission Driven” is internal Freddie Mac & Fannie Mae terminology that defines whether or not a unit is rented at a “naturally affordable” level.
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5 February 2025 | 4 replies
Over time, this strategy naturally builds your portfolio of managed properties.3.Use Educational Content as Free Marketing•Landlords love practical advice, and educational content positions you as an expert.
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14 February 2025 | 9 replies
It's determined by the nature of your arrangement, mostly by how much you control the employee's work.
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20 January 2025 | 0 replies
The very tragic LA fires have generated a lot of discussion about insurance costs. People have been dropped by insurance companies in wildfire areas and had to scramble to try to find insurance - some using California...
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6 February 2025 | 12 replies
With rapid appreciation and cash-out refinancing, you will only need a small portion of that amount.Low risk of natural disasters.
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3 February 2025 | 2 replies
Pertaining to air rights and laws we do not develop in this nature so not sure I can be any help here.