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6 March 2020 | 7 replies
I'll be checking roof condition, AC, Plumbing.
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7 March 2020 | 4 replies
That'd give me (3,954) in mortgage payments for cash flow of 8,836 - 736 monthly or 184 per unit.Feels good from a high level, but this old of a home I expect extreme capex costs in the next handful of years (no replacements to roof or furnace).
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7 March 2020 | 7 replies
PLUMBING: You shall report all drips and leaks immediately to the Property Manager.
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9 March 2020 | 7 replies
The roof is shot; you don't need to know the property's history to figure that out.
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6 March 2020 | 2 replies
Tenants began a lawsuit to buyer in July 2019, for inhabitable conditions(mole, water leaks, no screens) & breach of lease agreement saying they had a one year lease not month to month.
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6 March 2020 | 1 reply
I have managed many units for years and have changed water heaters, roofs, etc so it isnt the fact Ive been lucky.
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7 March 2020 | 4 replies
Older properties can need new roofs, new mechanical, plumbing repairs, and other expensive things.I would look for existing multifamily with tenants in place and cash flow.
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6 March 2020 | 0 replies
For instance on the SOR there was 14k for a new roof (replace shingles) and additional 15k marked as decorations and another 15k marked as paint.
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1 April 2020 | 2 replies
The square footage is 1640 sqft.Does anyone have any good roofing companies in that area?
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9 May 2020 | 8 replies
Once I had the water turned back on and we thought we caught all the leaks, we had had a broken pipe over the weekend that resulted in the entire kitchen ceiling collapsing and needing to be redone.