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2 May 2020 | 2 replies
Utilities are generally public and you can call them to get averages, taxes are public as well and can be pulled either from a assessor website or at their office, insurance companies can give you cash value and replacement value quotes by giving them an address, general rule for running calculations for vacancy is 5-10% of gross income, I have seen maintenance expenses all over the map (anywhere from $300-750 or a % of the rent - those vary depending on the number of doors in the deal as well as how much deferred maintenance has to be dealt with or how much rehab you are going to do to negate the deferred maintenance), contracted services, call a few landscapers and get quotes and use those for your analysis.
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28 April 2018 | 2 replies
If property is investment, look for a non owner occupied private money, commercial loan.
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28 April 2018 | 13 replies
Best use case for a “furnished” rental for our market is a 28-38 non-parent professional who travels a lot and needs it set up for the 10 days a month they are actually home.
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2 May 2018 | 5 replies
A recent podcast highlighted how much information can be obtained from public records.
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25 May 2018 | 11 replies
The state does have the right to take a property for non payment of taxes, but not without due process.
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2 May 2018 | 5 replies
Sometimes all you need to do is have an architect create drawings of the non-permitted structure and submit them to the city.
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29 April 2018 | 2 replies
The complementing instructions are unclear about non-residential foreigners.
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30 March 2019 | 8 replies
The resolution calls on the city manager to launch an educational campaign including:Best practices regarding educational and marketing campaign strategiesOutreach activities in areas where populations at risk are being targetedPotentially include a hotline to refer homeowners to a “Real Estate Agent List” and a list of legal resourcesA campaign work plan that includes a timeline for implementation and identification of both public and private funding options and potential partnerships
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30 April 2018 | 7 replies
The loans are considered commercial which translates to non owner occupied investment property, this could be a SFR rental.
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5 May 2018 | 12 replies
What you have to understand is if your park is legal , legal non confirming , or illegal .