Felicia Hamilton
Advice on difficult neighbor/tree limbs Q
5 April 2020 | 18 replies
If YOU do it you should clean up the mess you made.On the access issue I agree with a prior post to try your local gov'ts shade tree/environmental dept. for input.
Mashika Johnson
Move occupied mobile home??
11 April 2020 | 19 replies
Some state environmental divisions are trying to shut down Wells for communities because of thee a safety factor and communities cant afford the chlorine and treatment that a community well needs..I'd forget this deal If I were you.
Rigo V.
What do Due diligence do you do?
22 October 2017 | 5 replies
Current as-built drawings, plans & specificationsDescriptions of buildings, physical aspects and systemsSite Plan (with dimensions and identifying tenants and vacant locationsPhase I and if applicable Phase II environmental site assessmentProperty Condition ReportStatus of ADA compliance (including ADA plans)Warranties (HVAC, roof, insulated glass, etc.)Existing exterior, interior, and aerial photographs of PropertyFloor plans with tenant location (CADD/PDF files)Any and all Leases and Tenant correspondenceAny and all Service ContractsGeneral Ledger for the past 3 yearsThree year history of delinquency and bad debtMost recent detailed billing statement for all TenantsTenant ledgers for previous calendar year & YTDCertified Updated Rent Roll and Certified A/R ScheduleList of security deposits and prepaid rentLeasing update (pending deals, LOIs, renewals, lease-up projections)Future Tenant improvements and leasing commission obligationsThree year history of tenant improvements and leasing commissionsCurrent year detailed operating budgetYTD budget vs. actual analysis for current year & 2 prior yearsThree years of operating statements (revenues & expense) historyCapital items/budget forecast (3-year projection)Three year history of capital expendituresProperty Tax bill for current year and previous 3 yearsCurrent Insurance CoverageThree year history of insurance claims and incidentsTenant’s sales volumes for at least 3 yearsThree year occupancy historyExisting appraisal report(s)Confirmation of ZoningCertificate of occupancy/use permitsStatus of pending litigation and/or threatened condemnationMost recent title insurance policyMost recent as-built surveyCAM Reconciliation for prior 3 years
Mel C.
best website to get accurate estimate
7 June 2017 | 2 replies
So now I just want to rehab it using existing footprint.
John Kirksey
New Member from Richmond, VA
21 June 2017 | 4 replies
Fix and flipping will come down more to whether you can expand and improve a property's footprint and not the typical paint/appliances/flooring of days past but it can be done.
JC Wu
Roofstock review. NEWBIES BEWARE!!
28 July 2021 | 171 replies
Of course there are always headwinds, but emerging tech such as nano, robotics, AI, bio, alt fuel, etc. still have an outsized footprint here, and will still be a powerful driver. 20 years from now, who the hell knows, but for the next 10-15 my bet is still on SF.
Ayodeji Kuponiyi
Philly - Recommendations for Property Management & Lawyer
19 April 2016 | 6 replies
I'm looking for:Property Manager, Lawyer, Accountant, Mortgage Broker, Commercial Broker, Insurance Broker, Contractors, Appraiser, Architect, Tax Consultant, Environmental Consultants, and Engineer Any recommendations?
Tammy Ginsburg
Long distance investing
4 January 2023 | 22 replies
Metro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.
Derrick Jordan
First time purchasing a quadraplex
18 September 2014 | 5 replies
I'm guessing this is also not in a prime neighborhood, so you have environmental issues and/or expenses to worry about.
Jenna Lee
Contractor recommendation for Seattle
4 January 2020 | 3 replies
What you are describing doesn't sound too extensive and if you are not looking to expand the footprint or add square footage it should be pretty straightforward and more or less cosmetic (new siding should perform better but still straightforward).