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20 December 2024 | 3 replies
Are they doing a full interior inspection?
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23 December 2024 | 5 replies
Real estate's "gross rent multiplier" is Wall Street's "sales to revenue", "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc.
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8 January 2025 | 29 replies
Relying on someone who has their 'own team' to run your rental business is a severe lack of internal controls in my opinion.
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25 December 2024 | 28 replies
People that have experienced the smell coming through the walls via the interior voids will tell you it is quite potent, persistent and annoying.
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28 December 2024 | 19 replies
.- Interior TV antenna mounted: pulls in a bunch of channels as we're on a mountain.- Board games: We have a Kallax unit.
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24 December 2024 | 5 replies
One demanded we paint the interior the color they wanted or they wouldn't renew their lease.8) MoveOut damages typically exceed their security deposit.
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21 December 2024 | 1 reply
So at a glance (quick), this seems to be interior products and finishes?
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23 December 2024 | 15 replies
if there are 10 interior cosmetic violations opposed to a roof repair violation I'd imagine one would be more motivated than the other.
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21 February 2025 | 245 replies
I will discuss this with our CEO.I actually started an internal Leadership Development Program run through Percipio/Skillsoft.
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23 December 2024 | 7 replies
.- Your maintenance and repairs will be mostly limited to the interior of the property as the condo management will maintain the building- You won't have to worry about tenants maintaining the grounds around the buildingCons:- Condo fees may change drastically over time and it's largely not in your control- Condo bylaws can be tough to work around.