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14 September 2016 | 7 replies
This means that, apparently, all four units plus the public service utilities were being billed to that tenant.I just received a letter from the tenant with their bills from April-August enclosed, stating that they were concerned about the high usage and asked the Public Service Commission to investigate, which concluded that all four apartments' utilities were being billed to the tenant.
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8 September 2016 | 6 replies
Upload a profile picture and go pro here on bigger pockets and start utilizing this tool to the fullest!
7 September 2016 | 4 replies
We handle all of our own printing and we save about 1/3rd of typical printing costs.
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14 September 2016 | 6 replies
That typically is investors.
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7 April 2017 | 22 replies
Buy or inherit and hold all their lives while working the properties for income.I've seen teachers, firemen, software engineers and all sorts of people utilize both strategies successfully.
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8 September 2016 | 7 replies
Chris T.While we are not flippers, we do use a similar approach by purchasing tired properties and forcing appreciation: it is just rehab-n-hold as opposed to rehab-n-sell.When we are carrying out a deep retrofit on a newly acquired property, we will put a sign in the yard advertising another "modern, heathy and energy efficient home in the making" with an indication of when it will be available for rent.We typically have the units rented before the renovation is complete.
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9 September 2016 | 4 replies
-Sub metering of utilities or RUBS-Renegotiating all operating expensesSurvey your residents and ask "What would make your living experience better here at _______" This will open the door for ideas and they use your creative to build on those suggestion and figure out how to solve a these problems your residents have.
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16 September 2016 | 50 replies
I would guess I physically inspect 5-10 properties for every one I make an offer on and I may only get under contract on 25-33% of those because I typically offer aggressively so my numbers work.
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12 September 2016 | 13 replies
I'm prepared to invest $50-75k cash to get started, but would be looking to utilize hard money to finance the balance of the deals.