Yeah Johnny the number one thing I see with apartment sellers is they buy something brand new or in fairly great shape.Then as the years go by they do the bare minimum and hoard the cash and show little expenses thereby showing an unrealistic cash flow.They might have made the great cash flow but at the detriment of deferred maintenance and upkeep of the building.There is a cost to that when they go to sell.They either have to put the money in for repairs and improvements before listing or expect a lower sales price.Some also self-manage but many buyers will not so right off the top to 80% of your buyers the property will be overpriced.Unless the buyer is paying all cash any lender will take the sellers financial documents with a grain of salt.The lender if they have to foreclose will run it from far away until it sells.This means they will not run it like a local operator.This means the lender for the buyer will add in management fees,landscaping,pest control,accounting,advertising fees per door,standard vacancy for the area etc.

The letter implies the bylaws require that are have ornamental landscaping only.

Hello, we are working on a complete remodel, from new driveway, new landscaping, new roof, new siding and windows.

So, tax, insurance, repairs, property management, legal costs, landscaping and  everything else under the sun. 

Hey Everyone,I'm looking for  good landscape and concrete contractor for a project I'm starting in Milwaukee.  

The market is appreciating because so many northerners are moving here and land is limited near downtown and the beaches due to the natural landscape with all the rivers and marshes.

Cash or Terms Discussion with Home SellerIf you sell with an agent, Mr Mrs Home Seller you will pay:commissions 3- 6 %closing costs 1-3%seller's concessions, depending on buyer's financing 3 - 6%spruce up costs - paint, carpet, landscaping, etc - to compete with other houses. .5 - 2%Vacancy costs - holding costs - you have to pay PITI, cut grass, electricity, etc while the house is soldIf you allow us to work with you with your house problem, and use the Seller Financing laws in Alabama to get someone in your house, make a payment to you for 12 to 24 months, and then the Buyers get a home loan and pay off what you owe, you will net more money in the house sale, and have peace of mind that you found a good fair solution.Mr and Mrs Seller, we use this "letter of intent"  to discuss what we do and how we do it...http://form.jotformpro.com/form/42177082338961?

Hi,Hoping to solidify this deal:Overall:Duplex2000 sq ft total3 bed / 1 bath eachContract Price: $110,000Monthly Costs:Mortgage Type: FHAPITI: $810  (4.25%)Repairs: 0.15*$1350 = $202.50Trash / Water: $155Income:Rent: $1350Capital Costs:3 month vacancy: $35103.5% down: $3850Rehab: $6000Inspection: $500Returns:Cashflow: $180COC: 15%Cap Rate: 10.2%Unknowns (working to solve):ARV (post repair / garage / desert landscaping)Timeline of getting rid of PMI (add'l $125 cashflow)More accurate assessment of rentsCost of a garage / add'l appraisal value / add'l cashflowCost of desert landscaping / add'l cashflow (~ $50 - $75 / month) / add'l appraisal valueDIY window cost (estimated as half of contractor quote)Re-Fi costsKnowns:No lender fee w/ 4.25% FHAClosing cost by SellerThoughts?  

BLS (Bureau of Labor Statistics to check job growth)5.

The house is in excellent shape with new roof, well, new garage, hot water heater, furnace and it's on a nice lot with nice landscaping on a nice street.