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15 February 2023 | 3 replies
.)#2 Rezoning to Approved Plot Plan where you hire engineers to get plan approved by the city/town to have structures built on the land#3 bring utilities to the lot line ready to go (water, sewer, gas, electricity) if out of city you may have to build your own waste water plant or septic system for sewer and drill well for water#4 clearing trees, grading land to have soil elevation to be relatively flat#5 bringing all utilities to each individual lot (residential subdivision, mobile home park) #6 build roads Hypothetically speaking your $100k raw land could be worth $250k after its been approved by the town to have 10-15 mobile homes built on it or worth $350k after you cleared all the trees and grading and have all utilities at the lot line..
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22 May 2015 | 44 replies
Instead of elevating my life style, I paid the equivalent of monthly rent as extra principal.
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10 October 2023 | 5 replies
One of the most important steps you can take as either a startup landlord or seasoned one is to use a platform specific to property management as it will elevate your operation and save you tons of time.The good news is that nearly every software designed for landlords includes these features.
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24 September 2022 | 11 replies
Seemed to appear that the higher in elevation the street the nicer and cleaner the property and the tenants seemed to take care of the property. .
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17 October 2023 | 15 replies
Look into an elevation survey to make sure it is in fact a flood zone.Bundle your insurances if the flood quote is to high by adding Auto, flood and home owners together with State farm or progressive it may be cheaper in total.
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30 March 2022 | 22 replies
Less of a problem if the property is elevated on pilings.
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14 March 2021 | 10 replies
The flood elevation will be lowered.
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8 September 2023 | 27 replies
It’s a slow process, but each month that passes with elevated interest rates like we have the economy gets squeezed harder.
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12 September 2017 | 5 replies
910 a month on top of the mortgage would take a big bite out of cash flow as a rental.Well maintained ocean front complex withnew elevators, large open parking lot. 24/7 on site property management, roaming security.
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25 January 2023 | 46 replies
Once the elevation certificate comes in, the premium for the flood insurance actually might be a little lower but the flood insurance that I purchased and home insurance that I have selected brings me to 98 a month.