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14 May 2024 | 201 replies
Are you connecting to city sewer and water?
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13 May 2024 | 12 replies
And if you're going to manage yourself, it doesn't matter.The pool of buyers decreases as the access to property management decreases.
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13 May 2024 | 9 replies
if it was mine here is what I would do.1. walk in to planning department in the county and check zoning and any red flags they may have.2. should be simple enough to see if it has public water and sewer then call those agencies to make sure there are no moratoriums.
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12 May 2024 | 21 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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12 May 2024 | 33 replies
One big concern is water...
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12 May 2024 | 12 replies
It needed a new roof, new septic tank, water heater, well pump, hardwood floor refinishing, light reno in kitchen (paint cabinets, replace countertops, 1 new appliance), full bathroom renovation on 2 bathrooms cleaning up wood rot on siding, painting exterior.
10 May 2024 | 0 replies
Seek guidance from end-users/landlord upon DIY water submetering for triplex unit.
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14 May 2024 | 43 replies
Previous condition: water damage, substantial rehab.Rehab cost:90k- Oakland Single family, comp: 600k ; listing fo 325k.
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15 May 2024 | 35 replies
One of the toilets is likely cracked near its base (it leaked “clean” water when flushed) so we were going to replace it… that and the whole house needs some cleaning (we are already spending 10k of our own escrow to clean the place and move items out.