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4 February 2018 | 48 replies
But what ppl don't realize is that it takes a boatload of energy to take cold water and turn it hot in a flash, the equivalent of 9 AC compressors running on a hot day.This is why it's critical to have proper, expensive installation, b/c you're really taxing the electricity of the house.I'm in Miami, and quality electricians are in short supply.
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25 July 2015 | 6 replies
Did you let them know they weren't caring for the landscaping properly while they lived there?
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24 July 2015 | 5 replies
I wanted to make sure that all the proper documents are filed (i.e.
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17 July 2019 | 12 replies
You need to spend a little for a proper education or to jumpstart that part of your education, for sure it will be more than $1,000 if you make a mistake on your offer.
30 July 2015 | 13 replies
However, I lived in a previous rental where the landlord paid half of the bill each month to ensure the landscaping was properly maintained (we simply told them what we paid each month and they reimbursed us half).There are a lot of ways to do it.
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4 August 2015 | 14 replies
I have seen the existence of oil tanks not be remediated properly, and it end up costing a developer $500,000 to remedy the situation, including the environmental impact and the cost of fees and penalties levied against them.
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26 July 2015 | 0 replies
Building constructed in 1980Present loan value appx $77k on a 15 yr note with 3.375% interestP&I pmt is appx $602NOI 2014 was $11489NOI 2013 was $5142 (spent around $4k on updates/remodeling)Appx $27k by my calculations of capital improvements needed in the next 5-10 years to increase the value of the property, properly maintain it, and keep it functionally up to date in order to attract higher quality tenants (located in a b grade area) (I'd rather have more invested to have higher quality tenants - have my own reasons for this line of thinking - willing to sacrifice a bit of profit to have good people)- Redo Kitchens- replace doors and all base trim/casing (more for my taste and would help the place rent out even quicker)- 2 escape windows installed for basement bedrooms- Concrete work needed on patios and near front of the house -- need to be done in the next yearProperty based on comps in the immediate area and a tight supply of decent duplexes here is $175-210k or so.
8 August 2015 | 4 replies
Heck, when used properly the higher the better!
25 October 2016 | 4 replies
It requires you to model through the exit of each asset, which is a best practice, in my opinion, to be able to properly benchmark investment opportunities and allocate personal capital.