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24 October 2024 | 6 replies
And you can tailor it to you, so 1) You certainly don't have to charge 100% while vacant (dependent on bldg. layout, thermostat access, etc.) and 2) You can tailor the Gas/Electric as you have brought up so maybe 50/50 all except 60 unit 1/40 unit 2 for electricity... etc.
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26 October 2024 | 10 replies
It does depend on a few things as you know like price, location, and the extra's like what's there like water. septic, electric etc.Do you have it posted on Facebook Marketplace and offered it to any agents or are you selling it solo?
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25 October 2024 | 14 replies
We hired another contractor (a church friend of a realtor that we'd used in the past and we trust this realtor 100%) and paid him $15,000 to start the same project and everything went great; he completed demolition, installed the new roof, and got some permits (roof permit, electrical, and plumbing).
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25 October 2024 | 12 replies
if the property is in Oregon they need state MLS and NMLS registration for ANY loan on a 1 to 4 unit regardless of purpose.thanks appreciate your feedback- we're only pocking $40k after paying off another heloc and debt. need to finish a big electrical job on the house, etc. so can't save up, but still have over $100K equity.
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25 October 2024 | 1 reply
I work for General Dynamics Electric Boat which has decades long contracts with the US government and the turnover rate is relatively high in the company so my thoughts are if I could choose a place that is within commute distance there and within the price range of the average employee that maybe that could be a great idea but I want to know if people think that is too much of an assumption and risk to make?
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20 October 2024 | 8 replies
Heating costs go up in winter, as does electricity due to the reduced natural light and more people indoors.
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18 October 2024 | 2 replies
Hi BP,Just wanted to get thoughts on different heating options.I need to install a new heating system in one of my apartment units (approx 580 sqft) but wanted to get thoughts on whether an Electric Wall Heater was a good option?
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23 October 2024 | 5 replies
I would not put any energy into this aspect. the only other way to get one is to take title subject to a 30 year note that can happen as well.
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22 October 2024 | 7 replies
This may include tax credits such as 45L for energy efficiency.Optimization of Energy Efficient Tax Credits: AI tools can help real estate investors identify which specific energy upgrades are the most cost-effective upgrades for their properties resulting in a higher return on the improvements.AI can help investors be more efficient and effective with their time and money.
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23 October 2024 | 2 replies
Purchase price: $55,000 Cash invested: $65,000 Sale price: $140,000 First complete renovation all but reframing--new electrical, HVAC, plumbing, complete bathroom and kitchen demo and remodel.