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19 May 2024 | 8 replies
Advice NeededTLDR - Spend an additional $30k now to upgrade the sewer system on-site while the contractor is already mobilized or go with a sewer injection pump which is likely a viable solution the will last for years with proper maintenance.
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21 May 2024 | 4 replies
It is the local REIA and there is a multi-family meet up once a month (in addition to other niche meetings).
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20 May 2024 | 6 replies
I would suggest you start getting some legal representation and then talk to the previous owner.
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21 May 2024 | 4 replies
Beach, I would also suggest that you schedule an inspector or some sort of third party.
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20 May 2024 | 7 replies
So, I thought I should sell, take the profits and put into high interest account, rent a room for myself for about $1100 per month with all utilities included and that way I can save additional funds for a year.
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22 May 2024 | 48 replies
Second I would suggest you come by for a weekend and drive the city street by street and just take notes.
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21 May 2024 | 10 replies
This can give you the opportunity to possibly add more units within an existing property or even build additional units in the future.
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20 May 2024 | 0 replies
The building was completely transformed over the next year and a half including a new addition to How did you finance this deal?
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21 May 2024 | 3 replies
Revenue is not profit though...you have additional expenses in STR (close to 50% of OpEx) due to cleaning, vacancy, and supplies.