A lot more important compared to newer construction homes where you don't have to deal with certain things when it comes to either of those.Many other nuances but those are just a few that come to mind.

Op ex ratio may end up being more like 45% or perhaps 40% with newer high quality construction.

Of that 50M, 25M was allocated for the construction of a new recreational faculty that has since been completed.

Hi all,I'm looking for recommendations for a property manager for my 8-unit apartment building in Cullman, AL.

First, Are you licensed and insured to manage other people's properties?

Additionally, the study must be completed by “qualified individuals” and “professional firms” that are competent in construction, design, auditing and estimation procedures for building construction.So while a specific methodology isn’t required by the IRS, taxpayers must ensure that their depreciation deductions and classifications of property are substantiated with supporting evidence.

We’ve started talking about the potential for collaboration, particularly to reduce construction costs by building simultaneously.

Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.

I’m a professional civil engineer with years of experience in construction and entrepreneurship.

If so, you should also look into the insurance requirements during construction (both builder risk as well as the GC's policy, but particularly the GC policy).