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15 January 2020 | 8 replies
I would figure all the bookkeeping, phone calls, coordination, etc. wouldn't need to have a license to perform those acts and you could just sign a contract per say with the owner saying I'll provide X services at X fee that I bill you for every month.I even considered going underneath someone else's broker license and just build up from there but the fact that they are going to take a big percentage of my already small percentage off rent just irks me when I'm willing to just build off my systems that I have already built/tested.
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28 April 2020 | 16 replies
You'll have an asset manager/s with nearly inexhaustible resources to run the business plan and keep an eye on key performance and economic metrics that would indicate the necessity to execute a contingency in the business plan.
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10 February 2020 | 19 replies
There are very few tools that the government can use to boost the economy.
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16 April 2020 | 4 replies
In my experience, any boost you'd get in furnished rent is not terribly significant compared to the potential for a longer vacancy, and the hassles furnished rentals entail.Two other things I'll note.
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15 January 2020 | 13 replies
Let's call that my "actual proforma" (which sounds like an oxymoron but it's basically a projection of what my actual building's financial performance will be).Thanks for chiming in.
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30 August 2020 | 5 replies
A hydrostatic plumbing test is recommended to be performed by a licensed plumber post Foundation work.
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13 January 2020 | 4 replies
Your goal should be to boost the NOI which will increase the property's value.
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13 January 2020 | 4 replies
We alway recommend that you collaborate with your lender months before you buy so you can address any hurdles that may come up on your credit, and/or your lender can let you know specific things needed to fix or do that can boost your credit scores.
15 January 2020 | 6 replies
GCs tend to spend their time providing pricing on jobs they intend to perform the work on.
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25 January 2020 | 14 replies
July is a long ways off and the performance of the asset could change which will dictate your loan options.