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20 May 2021 | 2 replies
Air seal it well as you put it back together, then do a blower door test and hire an HVAC guy that will aggressively size an inverter heat pump.
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21 May 2021 | 4 replies
With this in mind you need to be prepared to refinance into a permanent/long-term loan based on appraised value.
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27 May 2021 | 33 replies
What I see on my properties is that I pay somewhere between 1200-1500 for the price you have used(in GA).Also, you should stress test your property by changing numbers like 20% vacancy, 30% maintenance.
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22 May 2021 | 9 replies
I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return.
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30 June 2021 | 1 reply
There is a tested and proven process to do all of this.6.
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21 May 2021 | 1 reply
You can then instruct the property manager to either ramp up or ramp down the marketing efforts.The property manager prepares the profit and loss statement for you each month to explain exactly what the profits and losses were, based on the income and expenses.The executive summary explains the profit and loss statement and variances from the proposed budget, which the property manager created at the beginning of the year and is now tracking on a monthly basis.To give you some perspective, while landlording for three and a half years, I assembled a portfolio of 104 units, consisting of mostly small properties.
21 May 2021 | 7 replies
If you do, be prepared to answer questions like, "will I be allowed to stay in the property" and "will the new owner increase rent?".
9 November 2021 | 8 replies
Meaning a test by a qualified 3rd party the day prior to move in with affidavit stating it was clear of all pests.
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22 May 2021 | 4 replies
Below are some other facts about this deal:3 lots totalbadly burnt unit (Probably has to be torn down, but basement is in really good condition)Michigan Department of Transportation (MDOT) stated that if we happen to be in footprint of project or any future scope change there would be a "good faith Offer" given - (another possible exit strategy) Plans are to make it a multi family (Duplex) and test one side for possible short term rental.
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23 May 2021 | 8 replies
Are you able to “test the waters” and sell one at a time?