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13 March 2020 | 3 replies
I felt like this was getting out of my league and you just confirmed that for me.
13 March 2020 | 10 replies
Here's my baseline, which I will adjust based on the market, location, property:Vacancy: 5-8%; SFR I use 5%, MFR 8%Repairs: 7.5%CapEx: 7.5%Management: 8-12%; the more units the lower the percentageProperty Taxes: Confirm with municipality, never estimateInsurance: $50-75/month/$100k of value; can vary widely by location.
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17 March 2020 | 13 replies
We are nor panicking instead trying to think though some scenarios and communicate/plan on paper . 1.Ownership:1.Create a “Medial Power of Attorney” to take over decision control if any/all owners get sick 2.Communicate ownership delegation with property manager2.Property Manager/Other Employees:1.Communicate CDC requirements 2.Outline and agree upon rent collection work process if city were to shut down 3.Outline and communicate a call tree identifying repair personnel 3.Safety:1.For employees: Release funds to buy protective gear while working within premise 2.For tenants: Communicate 2 times a week with CDC requirement as COVID19 is a REPDI development 3.For Owner: Identify all elderly tenants and communicate with them to call CDC if they would show any sign4.For Owner: Identify companies who does preventive medical grade clearing if any cases to be identified within premise. 4.Insurance :1.Confirm with current insurance to avoid and potential liability from owner to tenant negligence perspective 5.Operations:1.Review plan for marketing to get tenants if people were to leave during outbreak 2.Review plan for eviction during shutdown (if any) 3.Review cash position: 10 months cash supply covering 10 month of debt payment .
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15 July 2020 | 20 replies
.#2 - If the contractor installed a new electrical box horizontally instead of vertically, they had better have a reason for that, which maybe there was a reason but if not, they should fix that free of charge, because boxes are always installed vertically, unless that's not possible or if the design is atypical - it's not contractors choice on that score.#3 - As far as the toe kick...OMG...it's toe kick.
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26 April 2020 | 65 replies
So far not too many cancellations, as of now we only have 2 confirmed cases.
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13 March 2020 | 3 replies
Everytime I log into Zillow now, before I can search I have to click a box to confirm I'm not a robot and then go thru this obscene captcha where I'm clicking boxes that have buses and fire hydrants and crosswalks that goes on for an eternity.
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17 March 2020 | 20 replies
I think if you ask your initial inspector nicely they should just confirm if the issues he/she found were addressed.
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14 March 2020 | 13 replies
Therefore, you will want to confirm that the trust company allows for investing in an LLC and the associated fees and minimum balance that applies to the IRA account.2.
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14 March 2020 | 2 replies
It was designed for agents but will work perfectly for what you are asking here.
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10 April 2020 | 27 replies
You will find a couple that confirm it.