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8 February 2017 | 20 replies
We evaluate capital allocation into renovations based on the following criteria:(Note - The items listed are examples, not complete lists)MANDATORY REPAIRS: (No Return BUT must be done for sale at Market Value)Code ViolationsMold RemediationWater IntrusionAsbestos RemovalInsect DamageFoundation CracksLeaking / Curling RoofLeaking / Damage GuttersDamaged / Rusted RailingsREPLACE SALE DETURENTS: (No Return BUT must be done for sale at Market Value)Original Windows >> Replacement Windows Oil / Electric baseboard heat >> Gas / Heat PumpNo Air / Window Units >> Central Air100A Electric Service >> 200A Service>> CONGRATULATIONS, AFTER THE EXPENSE OF THE ABOVE REPAIRS THE PROPERTY IS NO LONGER "DISTRESSED" <<FORCED APPRECIATION: (Appraisal Inflaiters.
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2 June 2020 | 9 replies
All valid points - and I would not accept her just because she is a vet; but I would consider a program I would not otherwise look at because she is a vet.
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16 March 2017 | 8 replies
So your Numbers will be different with the new loan.Your renting by the room, did you include electric, water/sewer/gas. garbage, HOA, Lawn Maintenance, pest service, etc.?
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19 May 2020 | 1 reply
The one-on-one coaching is to learn the finer points of pricing the property, determining whether or not your asset is in a strong real estate market, and whether or not the projections made by the syndicator are valid.
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6 June 2020 | 3 replies
@Erik HatchRents are slightly under market, and could possibly do a split head for the boiler system to place the utilities gas expense on the tenants, thank you for your timely and wise response!!
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30 December 2016 | 96 replies
@Brandon Turner Seriously, get the tenant evicted...find a valid reason.
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28 January 2014 | 117 replies
@J Martin - You've got some valid points about the 50% rule.
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12 May 2014 | 8 replies
I wanted to get rid of some window air units and wall gas heaters in a unit but can't afford central heat n air units.