Aus Smith
Property Management - Contract and Fee Structure
14 November 2024 | 10 replies
We charge a water or electricity fee.
Robert Welsh
New and Ready to Get Started
12 November 2024 | 2 replies
I think there may be a market for a lower density campground that offers a higher level of privacy per site with amenities (electric/water hookups, RV dump site, bathhouses, etc...) but...
Kyle Deboer
What are some things you wish you did before you started in real estate
12 November 2024 | 5 replies
Basic plumbing, electrical, HVAC knowledge will go a long way.
Jonathan Greene
The Most Important Parts of the House to See as an Out-of-State Investor
13 November 2024 | 4 replies
Hot water heater, furnace, gas, electrical box, HVAC, oil tank, plumbing pipes.
Natali Cobb
Should I include washer and dryer in my rental?
18 November 2024 | 35 replies
People think it's inexpensive to install a Washer & Dryer, but getting the gas, electrical, water, and drain/vent there is usually quite expensive.Here in Chicago, we always want to be at the top of the market regardless of the competition, so we almost always install a W/D when we renovate our properties, even in some of the less desirable neighborhoods.
Whitney Bivins
Should I cut my losses and start over?
15 November 2024 | 12 replies
I’ve had to evict the original tenants, got rid of a roach infestation, and the electrical seems iffy.
Ram Gonzales
Please help analyze 4plex deal
11 November 2024 | 13 replies
Here are the numbers I know so far:Rents4 units all currently occupied on one year leases- #1: 1/1 $995 monthly- #2: 1/1 $995 monthly- #3: 1/1 $995 monthly- #4: 2/1 $1,100 monthly- Gross rents: $4,085 monthlyExpenses- $12,070 taxes annually- $350 monthly insurance (my estimate, they have liability only right now)- $175 monthly landscaping- $120 water (electrical on separate meters, tenant pays)- Total expenses: $1,651 monthlyNOI around $2,434 before vacancy, maintenance, and management (although i would likely self-manage these)Property needs about $50K in other repairs and udpates from what I can see.
Jonah Slove
Land Purchase and Subdivision Process
11 November 2024 | 9 replies
Storm ponds, storm drains, flood ways or flood zones, underground electric, fiberoptics, etc.On the concept plan above.
Tammy Fleming
My first investment scary but I'm ready to do it again.
8 November 2024 | 2 replies
It was quite extensive, all new electrical, hvac, plumbing as well as foundation, painting, floors and yardwork and demo of shed.
Taylor Kendrick
How old is too old? (or, what should I know about homes built in 1920?)
5 November 2024 | 3 replies
Common concerns in pre-1940s buildings include outdated plumbing, old electrical systems, and structural issues that could be costly to bring up to modern standards.