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7 May 2024 | 1 reply
In addition, I included my plan strategy in the attachments.
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9 May 2024 | 159 replies
Since you live in CA I suggest putting funds in 4 week Tbills instead of HYSA.
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9 May 2024 | 65 replies
In addition, it is remarkable what people will spend for accountability groups.
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7 May 2024 | 8 replies
If you're thinking of Oakhurst, I would highly suggest not having a property on the opposite side of town to the national park.
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8 May 2024 | 4 replies
In addition you can identify a property that performs better as a rental as yours most likely was purchased as a place you would like to live in and not what works best as a rental property.
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8 May 2024 | 0 replies
Furthermore, understanding the resident characteristics allows me to measure the target market and modify my investment strategy accordingly.Inspection ChecklistSituations vary from one property to the next, but here is an on-site inspection checklist to get you started:Interior Units:Inspect vacant units, including one of each finish out type (Classic, Reno, etc.).Check all down units.Inspect one unit from each unit mix.Exteriors:Landscape:Look for overgrown bushes.Identify trees that need trimming (no branches hanging over the roof).Take pictures of the following:Curb appeal on all sides facing the street.Landscape around the office and amenities.Overgrown bushes or trees.Any dead landscape.Areas that may need sod or mulch.Assess drainage:Ensure water flows away from building foundations.Check slope, gutters, downspouts, surface drains, French drains, etc.Exterior Walls:Determine the existing material (wood, vinyl, Hardie, brick, stone).Assess the condition of the walls.Note if painting is required.Take pictures of each building, including building number, each elevation (clockwise), and any breezeways or niches.Windows:Evaluate the condition of existing windows.Consider whether solar screens should be installed.Roof:Identify the type of roof.Assess its condition and age.Parking Lot:Check for potholes.Assess the need for restriping.Note whether the parking lot is concrete or asphalt.Evaluate drainage issues.Walkway:Look for tripping hazards.Assess drainage issues.Foundation/Gutters:Inspect for cracks in the brick.Check for separation in corners from fascia and trim boards.Evaluate drainage and identify poor drainage areas.Amenities:Identify possible improvements.Consider adjustments or additions that can enhance amenities.Talk to the Staff:Maintenance: Inquire about the physical condition.Office: Discuss current residents, delinquency, and potential changes to add value.Assess whether rents are too high or too low.Confirm rents and what is included/not included.Confirm other sources of income and associated charges.Confirm occupancy, pre-release, and vacancy numbers.Note: Maintain professionalism and avoid insulting the owner or broker, regardless of the property's condition.Keep in mind that investing in real estate is like solving a puzzle—you need all the pieces to see the big picture.
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9 May 2024 | 8 replies
In addition to the large, expensive themed properties, there are many other pockets of opportunity in specific parts of the Orlando/Disney market due to strategic location near attractions, the convention center, etc.
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10 May 2024 | 23 replies
Hundred+ year old homes that needed a full gut, some begging for the addition of a full 2nd story and even digging down in the basement to increase ceiling height and functionality.
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8 May 2024 | 4 replies
Additionally, you might want to explore reaching out to your local Investors Group or BNI Group for recommendations.