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15 November 2024 | 12 replies
I’ve had to evict the original tenants, got rid of a roach infestation, and the electrical seems iffy.
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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...
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13 November 2024 | 4 replies
Hot water heater, furnace, gas, electrical box, HVAC, oil tank, plumbing pipes.
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12 November 2024 | 5 replies
Basic plumbing, electrical, HVAC knowledge will go a long way.
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4 November 2024 | 4 replies
Quote from @John Williams: I would only support this because it's California where electric cars are most likely to be mandated and used.
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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.
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11 November 2024 | 9 replies
Storm ponds, storm drains, flood ways or flood zones, underground electric, fiberoptics, etc.On the concept plan above.
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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.
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7 November 2024 | 1 reply
Stripped to the studs, new electrical, new plumbing, restored original wood floors, and brought a 1946 gem back to its original form!
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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Common concerns in pre-1940s buildings include outdated plumbing, old electrical systems, and structural issues that could be costly to bring up to modern standards.