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2 September 2016 | 5 replies
If it's mostly younger couples who either have kids or will have kids, then deleading is a must.
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29 August 2016 | 5 replies
There was a completely renovated duplex near there aa couple months back that sat on the market for quite awhile.
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2 September 2016 | 20 replies
While the license itself can only be a couple hundred dollars (I could show you how to get licensed in NY for $190) , the dues for the local REALTOR® board can run from 1K to 2K a year.
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30 August 2016 | 3 replies
I am looking at purchasing my first home and turning it into a rental after a couple of years.
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29 August 2016 | 1 reply
There are a couple of units where the landlord pays the utilities (aka my parents) but when I walked by the property last week I noticed they have window air conditioning units.
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4 December 2016 | 47 replies
On a typical project, here are the contractors I'll probably use:- Demo- Roofer- Painter- Carpenter- Plumber- Electrician- HVAC- Window Company- Tile Guy- Carpet Guy- Hardwood Guy- Cabinets/Countertops Company- Termite Inspection- Landscaping- Garage Door Company- House CleanerIn addition, on many projects I'll also use:- Drywall Guys- Insulation- Surveyor- Structural Engineer- Inspectors- Concrete Company- Driveway/Paving Company- Grading- Tree Trimming- Shower Glass CompanyFor big projects, new construction:- Architect- Civil Engineer- Foundation- Asbestos Removal- Sediment Control- Excavation, Dirt Hauling- Interior Sprinklers- Stone WorkEach of those contractors will typically get between 1-4 draws, depending on the scope of the work they have for the project.Then there are materials and other non-labor costs:- Permits (0-3 transactions per project)- Porta Pottys (0-3 transactions per project)- Home Depot Materials (3-5 transactions per project)- Dumpsters (1-3 transactions per project)- Paint Purchase- Cabinets/Countertops Purchase (2-4 transactions per project)- Flooring Material Purchase (1-2 transactions per project)- Specialty Material Suppliers (0-10 transactions per project)- Utility/Service Installation (0-5 transactions per project)- Private Inspections (0-5 transactions per project)- Insulation/Airtightness Tests- AppliancesOn top of that, I will potentially write several checks to:- Title Company- Property Inspector- Appraiser- General Contractor or Project Manager- Interest Payments- Utility Payments- Tax PaymentsOn top of that, I have my general business expenses:- Accounting- Legal- Interest Payments- Tax Payments- Brokerage Fees- E&O Fees- MLS Fees- Overhead/Office (Supplies, Equipment, Subscriptions, Software, etc)- Telephone/Fax/Internet- Income from Property SalesAll of these easily add up to a couple hundred transactions on a large project or new build, meaning many dozen per month.
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31 August 2016 | 9 replies
Had to post an eviction notice on Aug 10 because tenants had failed to pay $1700 that was due on Aug 1, couple is going through a divorce now, and I got them to sign a form saying they would move out by Aug 31.
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2 September 2016 | 9 replies
Worked for a digital marketing startup for a year and a half before deciding to move into real estate.Goals:Build a professional network that allows me to help my buyers while also grow my own real estate portfolio.My sister owns a couple rentals in St.
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29 August 2016 | 1 reply
I've secured financing, decided that pursuing a BRRRR deal sits well with our risk tolerance and financial situation, and now we have to find it.While "driving for dollars", Zillow, and networking have landed me a couple leads, I feel as though working with wholesalers will be a huge asset.
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29 August 2016 | 2 replies
He otherwise would be a perfect tenant planning to stay in town for a couple of yes.