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10 June 2016 | 6 replies
I had a road network contract before, then the developer asked me if I am able to build duplexes, gathered all heads and gave a go, long story short, got a contract for 4 duplexes, the contract I got was simple, separate contract for each duplex, and line item for class of work like a detailed SOV should, i have line items for foundation, framing, until painting and landscape, draws were weekly because I didn't trust the developer Fridays are inspections for % work complete and Tuesday was payday.
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3 June 2016 | 6 replies
Electrical, Plumbing, Heating, condition ExpensesInsurance- 90 (call for a quote)Landscape 30 (if needs to be done)Property Taxes- 150-225Vacancies- 8.3% (lower depends on area) Repairs- 9% or moreCap Ex 10% or morePm- 10% (when mange) Garbage- 50 (if needed)Water/sewer - 90-100 (if needed)Future Return Income increases- 1-2%Property increases- 1-2 % Expense Increase 1-2% Return Goal: 12% COC Return
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31 October 2016 | 12 replies
New kitchen and bathrooms, new floors through-out, installed a central AC unit, updated electrical and plumbing, new landscaping, pool had to be resrufaced, new garage door, new windows all around, new doors, landscaping, new wider driveway, exterior/interior paint, painted the garage floor and concrete in the backyard and new appliances.My current deal is very similar.
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3 June 2016 | 4 replies
Do you need to figure in mowing/landscaping etc... too?
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7 June 2016 | 8 replies
I do my tile, trim, most carpentry, most painting, landscaping etc. in the end, I weigh what paying a pro verse paying myself costs.
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7 June 2016 | 5 replies
you could look into SBA funding for the acquisition, as it is for business expansion.
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4 April 2019 | 24 replies
On one hand there is hope that Tacoma can become what is Oakland for SF, on the other hand with high crime rates, and not much high quality local employment it can continue to remain as a black spot in the greater Seattle area.I was looking into the news of light rail expansion, but appears that it is yet to be voted.
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8 June 2016 | 0 replies
It really ought to be less than $800K for the whole shebang.Obviously, there are a bunch more numbers to plug in - CapEx, insurance, vacancy rate, landscaping, snow removal, admin and management, etc.
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17 June 2016 | 84 replies
Hvac, fixtures, landscaping, water heater, appliances, kitchen, Windows, paint, etc
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14 June 2016 | 8 replies
Insurance water exterior maintanance landscape all included on the condo fee of 270.