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10 March 2021 | 11 replies
It may create some opportunities for residential in Westover.Tenants - we would consider grad students, but more targeting professionals and visiting professors.
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9 September 2016 | 4 replies
Here is a blog where I wrote about a recent 42 unit we bought and did creative things to add value. https://www.biggerpockets.com/renewsblog/bought-multi-million-dollar-apartment-complex-age-26/Just a few ways to produce ancillary income:- Laundry Coin laundryDetergent/laundry essentials in a vending machine in the common area laundry rooms.Rent individual W/D to each unit-Parking Garage parkingCovered parkingprime spot parkingJust plain old charge for parking-Renovations Interior units upgradesCommon area renovationExterior upgrades for curb appeal-Vending machines In common areas such as exercise room, pool house, laundry or leasing office-Trash pick up service In high-end buildings they have a service where you can set trash outside your door and for a fee maintenance will go around each night and collect it so the resident doesn't have to carry it to the dumpster.
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9 September 2016 | 3 replies
I created a "sacred space" as it were, with calming music, candlelight, hot tea, etc... and for 1hour/week I listened through 1CD.
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11 September 2016 | 3 replies
There are various reasons the project may not qualify for financing: owner occupancy percentage, one individual owns more than 10% of the units, the community is involved in some sort of litigation (usually construction defect), or the HOA finances are bad (underfunded reserves).
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9 September 2016 | 1 reply
It creates potential for two-layer taxation and creates tax deductibility issues for losses.
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11 September 2016 | 5 replies
., neglected to pay the individuals who " either, found the buyer, "Brokered" the deal, or both.
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9 September 2016 | 1 reply
companies/individuals who do this and what are the pitfalls that i should avoid to check if they are not scamming.
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9 September 2016 | 1 reply
Therefore, future properties will be purchased under the LLC I just created.
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10 September 2016 | 34 replies
Louis with a similar model (creating turn-key $30-35k rentals).
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13 September 2016 | 9 replies
Most reputable turn key companies buy distressed properties further upstream (i.e. auctions, tax sales, etc) at much better prices than the average individual.