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21 January 2016 | 19 replies
I put out marketing packages based on actual numbers because all experienced investors will do their own underwriting and make offers based on real numbers but this is hardly the norm.It would behoove you to look at IREM.org as they have financial information from local property managers in every major market and they'll give you the real numbers when it comes to the cost of repairs, water & sewer, heat, electrical, payroll and other information.Once you have this, you should start practicing underwriting deals with your own spreadsheet or one like RealData so you can learn what a deal will actually make versus what BS brokers put out to market.
11 September 2016 | 5 replies
I have considered the electrical lines etc. nothing is in the way, besides a wood fence (I own) that I dont mind breaking.
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18 January 2016 | 22 replies
they have been there 5 years without a septic cleaning.
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6 August 2019 | 9 replies
We went to look at it toward the middle of March 2015 and there were holes in walls, missing fixtures, odd electrical (the wiring for the back porch light and exterior outlet have been pulled into the master bedroom), tiles missing in the master shower (green plastic was duck taped across 2/3 of the surround so they could use it anyway), and cabinets missing that were not that way in November when it was listed with our Realtor.
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14 October 2017 | 1 reply
The outside is complete and the inside is framed with electric, plumbing, and hvac finished.
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9 October 2017 | 3 replies
Is the slab insulated (underneath) and heated (hydronic or electric in-floor)?
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9 October 2017 | 0 replies
The property has a new HVAC system and new electrical.
13 October 2017 | 6 replies
To help responders you should illuminate the type of plumbing, if the electric is knob-and-tube, etc.
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9 October 2017 | 2 replies
But apparently there isn’t a home on the land... instead a garage with water/electric?
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1 November 2017 | 9 replies
I do a lot of work my self, but on plumbing and electric i get a pro.