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16 September 2014 | 22 replies
@Dane FosseeLet's say a person with no credit history apply for a Cap one card their score will shoot through the roof but do that show they pay their bills not all because there are no credit histories and that is the reason to look at over-all credit.
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18 September 2014 | 36 replies
Boiler/Chiller - hell noThey leak, burst, cause mold, cost through the nose to run and repair.
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13 September 2015 | 20 replies
I think it would be easier to manage and maintain if it was all under one roof.
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16 September 2014 | 9 replies
The faucets outside had frozen and leaked.
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17 September 2014 | 3 replies
Some of the maintenance is more of a fixed cost while other maintenance is difficult to estimate (roof repair, plumbing issues, appliance replacement, etc.).
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16 September 2014 | 3 replies
The last house I purchased, I called my agent, he inspected the roof (it's Texas, it hails!)
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17 September 2014 | 13 replies
Does anyone besides me HATE tan roofs???
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20 September 2014 | 7 replies
If a facility is 30 years old look for either large reserves or a lot of new construction with new roofs, good siding and good paving.Look for a history of special assessments and understand what that is all about.
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18 September 2014 | 3 replies
Here is the list of items I use when evaluting the numbers on any 2-4 unit property:Taxes (included in PITI)Sewer and WaterTrashHeat/UtilitiesHOACap Ex and Ops (my personal minimum is $150/roof/month)Insurance (included in PITI)Mgmt Fee - as a % (general consensus here on BP is 10%. include it even if you think you are going to self manage)Vacancy- as a % (8% represents 1 vacant month/unit/year)
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19 September 2014 | 15 replies
You need to have these in place before buying because there are going to be roofs to repair, Hvac to replace, a bad tenant, a prolonged vacancy etc