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21 November 2017 | 4 replies
Michael: I paid $500 bucks for some remodeling plans (yucca valley architect who is quas-retired) and he connected me to engineer/ and Title 24 guy (new construction also requires soil test engineering and sometimes water flow testing for the water district)but I think 1000-1500 is probably low end and 3500-5000 is high endI'm working on a hew house in pioneertown and I'm interviewing builders/general contractors (who have plans in their archives that were approved) -many plans approved in 2015 aren't valid.. because of the Title 24 increases every year and the 2016 codeNathan: exciting. yucca NEEDS some new apartments!
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28 November 2017 | 6 replies
I think it is pretty obvious sub-metering utilities is one way to significantly increase a park's profitability.
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25 November 2017 | 9 replies
Current landlord is using the 2 car garage for his own storage and neither tenant has access to it - thinking that could be a source of extra revenue either offering to other tenant for increased rent or renting the space out for storage.Currently in negotiations!
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22 November 2017 | 4 replies
We greatly need to increase our cash flow and would appreciate suggestions from seasoned investors on how to accomplish that.
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11 December 2017 | 17 replies
Although our market is hot, vacancy rates are low (below 5%), interest rates on a presumed 30 year fixed mortgage are historically low (floating around 4.5%) and rents are increasing with the high priced housing market driven by a lack of inventory.Unfortunately, TierraSanta doesn't have a lot of MF's but the surrounding areas hold possibility if you're flexible on your target market.
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5 February 2020 | 10 replies
@Tyrel McAllister In my younger days, I wanted at one point to start a business selling novelty baseball caps, we entered the investment pitch wearing off-color hats for comedic relief and were dismissed rather rudely before we could even begin.
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25 November 2017 | 11 replies
@Anna M. make sure the current lease does not have a provision for automatic yearly renewal. if it does not, it does indeed transfer to month to month. typical state law says you must give tenant one full rental cycle of notice of lease change. this means if you want them to sign a new lease, you have to let them know before jan 30, to take effect march 1. unfortunately because you are closing jan 2, you cannot give a full months notice, to take effect on feb 1. you can request moving closing up into dec though if you want, and sellers are amicable, but if you are not increasing rent I doubt it is an issue, since the current lease was provided by a PM company.
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21 February 2018 | 8 replies
This increased property values.
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26 November 2017 | 13 replies
When you have the huge population increases we have in DFW it is going to be very difficult to not have some issues with keeping the supply in line with demand.Collin County is expected to double in population from 1-1-2017 and 1-1-2030.Since many of these projects are so large when they come online there will always be hicups.
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23 November 2017 | 17 replies
I took too many write offs in 16 to qualify for anything this year, but with our increased income and decreased write offs in 17, our net income will be substantially more.