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27 January 2025 | 12 replies
@Albert Gallucci as many have pointed out, in the commercial space of 100+ apartment buildings and offices, property classes have some pretty decent industry standards.We started applying these to 1-4 unit properties around 10 years ago, which you can verify on our blogs, because we saw too many newbie investors not properly taking into account things like, neighborhood status, tenant pool, property condition, etc.Unfortunately, there's no industry standard for this, but you can use some basic logic to think your way through your own Classifications.
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23 February 2025 | 25 replies
Basic inquiries about rent payments, tenant status, and property finances were either deflected or completely ignored.Breach of Contract & Unethical Practices – Even after I informed her I was selling the property, she tried to list it for rent without my consent—seemingly to secure a tenant placement fee for herself.
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5 February 2025 | 8 replies
(aerial measurement).The renovation list is pretty long—roof, HVAC, windows, full interior updates, electrical, plumbing, landscaping... basically a full gut.
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25 January 2025 | 5 replies
Being the military, it had that definite institutional overtone to it, but the basic premise was the same.I recently toured a new senior's complex in which on end - for those who were still relatively self sufficient - had individual units (bedroom, sitting room / kitchenette ... effectively a bachelor apartment but without a full kitchen) clustered together in groups of 4 with their own common room / kitchen and courtyard.On the other side of the complex were units for those who required more assisted living.
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10 February 2025 | 59 replies
While there are some nuances here, the basic premise is that an Admitted Carrier submits their forms and rates to the state for approval.
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30 January 2025 | 8 replies
You'd basically be doing it entirely new.
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4 February 2025 | 17 replies
Now, I'm not an attorney, so I'm basically mansplaining something that I am not qualified to comment on.
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22 January 2025 | 3 replies
basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it.
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19 February 2025 | 23 replies
As a newer investor it's simpler and better to focus on the basics until you have more experience.
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17 February 2025 | 69 replies
Basically concrete culverts turned sideways into the ground.