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31 December 2013 | 15 replies
Compressed natural gas is cheaper than propane but I have not seen fireplaces for CNG yet or individual tanks for CNG.As I said previously, I would not remove a masonry fireplace and chimney and would expect the costs to be thousands, its not an easy job and the repairs to reframe and drywall the inside and reside the outside are just too costly.I have removed swimming pools which I consider a hazard in rental properties but not fireplaces.
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28 December 2013 | 4 replies
It has an addition that's only about a decade old and the previous owners look to have taken care of it.
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23 November 2018 | 15 replies
Residential Assisted Living (RAL) is taking off NOW.Self-Storage has and continues to grow, a side effect of more people renting multifamily rather than buying homes.Multifamily value-add continues to soar due to demand also by millenials and empty-nesters seeking less work on the house and more flexibility to spend money on travel and exeriences rather than stuff that chains them down. for us RE "investors" it's the ticket to syndication, scalability and leverage.New multifamily buildings with modern concepts with mixed-use living (offices/co-working spaces, fooderies, mixed age and walking distance living with innovative rentable electric scooters, bikes, car chargers, and light rails) all in one beautifully assembled arrangement is what attracts 12000!
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1 January 2014 | 16 replies
I am straight out of college and interested in purchasing my first rental property within the year.
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27 December 2013 | 9 replies
Before I took possession of the building he had the previous owner send the upstairs tenants a letter asking them not to use thier exercise bike in the morning as it disturbs him.
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28 December 2013 | 2 replies
If prices keep rising, then we will revisit our criteria to changing market conditions.We have picked up 5 houses in last few weeks, so it will keep us busy for next few weeks, during which we will monitor the market to see how we need to move forward.We still buy majority of our deals through MLS, but this year we purchased a bigger % of non-MLS deals than previous years.
28 December 2013 | 1 reply
Also both authors are active BP members and were guests on previous BP podcasts
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28 December 2013 | 12 replies
I actually lived a few doors down from this property when I was in college.
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28 December 2013 | 11 replies
That's $10k over budget, which is significant.He bid the same as the other GC I used previously.
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2 January 2014 | 11 replies
It's not going to be a creative financing class but what it will teach is the use of assets which is what creative financing is based on.As to difficulty, it's a class usually offered at the 2nd year of undergraduate work in college.