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5 September 2018 | 28 replies
I only have leather like living room furniture as well, less penetrating material, easier to sterilize and clean.
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5 September 2018 | 10 replies
I googled reviews and came across this site and so glad that I did, thank you for all who shared their experience.
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17 July 2018 | 13 replies
There are tons of resources throughout the site that can help you.
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17 July 2018 | 6 replies
Editing to add we are a little more worried than usual (we would probably just run fans and a humidifier and clean up ourselves) but our forced hot air system comes from this basement and we have a newborn baby so really don’t want to be having mold coming through our air vents!
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17 July 2018 | 3 replies
I always allow for 3-5 days of vacancy because I need time to properly inspect, arrange for cleaning and repairs, etc.
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23 July 2018 | 11 replies
not enough deposit to cover rent, damage, cleaning, etc.
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17 July 2018 | 2 replies
I've had it listed for rent for a couple of days now on a few rental sites, social media, etc, but have yet to have anyone come and look at it or inquire about it.
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19 July 2018 | 6 replies
Example:Land- .5 acres - 300kBuilding - 2200 sq ft at let's say 155 sq ft for contingency since they are saying 140= 341,000Legal costs - 50,000Grading and site work- 100,000Total Cost - 791,000NNN lease - 2200 sq ft at 30 a foot = 66,000 a year NOI66,000 / 791,000 = 8.3% cap rate to cost ( break even )Market resale estimate 6.5 cap rate = 1,015,0001,015,000 market price6% broker commission = 60,900Attorney and legal to sell = 15,000Stamps, recording fees, etc. - 10k or so (varies by state and county with costs)929,100 - 791,000 = 138,100 gross profit before long term capital gains tax of holding for more than 1 year time or deferred taxes if you 1031 exchange into something else.As you can see by the numbers this deal is too thin for all the work involved.
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26 July 2018 | 17 replies
My advice is fix it up as much as you can with as little money as you can (clean, repair, do yard work, make lipstick improvements, paint but don't paint yourself into another corner haha) and get out of this deal as soon as possible.
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14 September 2018 | 5 replies
SFRs in the suburbs are for growing families who want to be in certain school districts--these properties will have high property taxes and be at the more expensive end of the spectrum, but you can find fixer uppers and sell them at a good price after rehab if you are patient and look deep--try auction sites like Auction.com, Williams & Williams, Xome, Hubzu.