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11 July 2018 | 27 replies
So, here it is, I love SFR, I have A LOT of SFR, over the course of the last two years, have been dipping into the Multi-Family space and now graduating to 100+ units - still buying lots of SFR (I just cannot contain myself :) ) 10 Reason(s) I love SFR:Higher RentsLess Turn-OverCan be more strategic with purchase location and typeMore of it available in the marketplaceLike the idea of a single home, single transaction, single & quick exit plan Financing Readily AvailableManagement System and Controls in Place (internal function)Construction is streamlined with all standard products in ALL SFR unitsTenant Responsible for Exterior & UtilitiesSimple, Simple, Simple and can be replicated easily/swiftlyAs I have been trying my hand at Multi-Family, it is similar but not the same and many will argue you gain more efficiency with Multi-Family but, you equally gain more challenges:Larger Common Expenses: Cleaning, Exterior Maintenance, More Placement, Common Area Utility CostPotentially higher turn-over (frequency of turnover)Same material buying power as lots of SFR (Construction side) In-Fighting amongst tenants (always a fun one)Larger Capital ExposureProgressing into this next phase, after slowly moving from 2-unit, 4-unit, 8-unit, 12-unit, 21-Unit, 36-Unit, 40- Unit - now to 100+ Units, all had own challenges - but the goal has always been the same, take something that's old, undervalued, do an awesome renovation, raise rents and replace existing tenants with higher quality teantns willing to pay a small premium to live in an updated unit as opposed to your typical run of the mill apartment (existing tenants have the option to upgrade to the new premium units or exit) -My question for BP Community what amenities are important to you - adding the following, please feel free to contribute or comment:USB Outlets in all rooms (including bathroom)Tile Shower SurroundHard Surface CountersStainless Steel AppliancesNew Luxury Vinyl Tile Flooring High-End Glossy European Style Kitchen CabinetsLake View (Unobstructed 270 degrees) Updated Elevator Cars Fancy Modern Lobby with Coffee Station and Dry Cleaner Kiosk (drop-off and pick-up)New Kids playgroundNew Dedicated Dog Park (Real Dog Park)SmartHome HUB (Powered by Amazon Alexa)Electric Car Charging StationBike Station and In-Unit Bike RackPrivate and Secure Fenced in Parking8th Floor Rooftop Deck and Community Center featuring (Large Format TV's, Ping Pong, Billiards) - with Full Lake ViewOn-Site Coin Operated Laundry.............What would you be willing to a pay premium for?
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6 March 2018 | 21 replies
@Alex Landau not the finest area, elevated crime levels.
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27 February 2018 | 16 replies
That part of the state typically get a lot more snow than south of the city due to their elevation, which is roughly 1,000 feet.If you're to the east (Plymouth and Barnstable (Cape) counties) we fairly often get rain or a mix where Middlesex and Essex counties get clobbered with snow.
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23 March 2017 | 106 replies
I enjoyed the experience and I definitely see how it elevated my goals in a short period of time.
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31 March 2015 | 5 replies
Also the type of work - if you're dealing health dept. violations and having to handle mold or lead, for the sake of your tenants or buyers, you really should use a professional and do the job right - otherwise you're the one left holding the bag when a kid tests for elevated lead.I've used both licensed and unlicensed and I've had both good and bad experiences with each.
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20 July 2019 | 51 replies
Huge deck, walk over to the beach, gorgeous Gulf and ship channel view, TWO master bedrooms, custom made cabinets & entertainment center, Cindy Crawford signature furniture, stainless steel appliances, blue pearl granite counter tops, wood look alike ceramic tiles for long lasting, top of the floor is on 18.4' elevation, over sized capacity Maytag W/D, 65' smart TV with 200 watt sound bar, owner's private closets to keep your stuffs when you rent it out, underground power line, very large parking lot, soft bright lights around upper deck & ground level for your late evening entertainment.
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5 August 2019 | 12 replies
(most verbiage was omitted but i left this part for reference, so you can look that up as well)Take notice that pursuant to the 1st Amendment of the US Constitution:Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances.Denial of Right to Trial by Jury.
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11 June 2020 | 9 replies
I longer can work due to memory loss constant vertigo, speech impaired fever constantly nauseated migraines' tired and want to sleep 24/7 No dr could figure it out thin had home tested and I have the worst molds, I hired a inspector and this home should never of passed we went forever without ac in deed of summer no dishwasher plumbing issues no oven so on and so on.
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18 November 2015 | 27 replies
Fair Housing statutes address a 4 unit as a multi-family when there are two floors and an elevator, so there is an exception.
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29 August 2019 | 82 replies
Apparantly freedom of speech doesn't apply when you have a real estate license, according to her.