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23 November 2021 | 6 replies
I will be investing from California so any tips and tricks on owning and managing property in TX would also be much appreciated.
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4 November 2021 | 6 replies
Hi Jesse,Maybe Co-GP with someone who has successfully Value-added with re-habs on apartments of this size.Because based on this question, I'd say your chance of coming in on budget and on time is very low (especially with Covid shortages).Using an architect to help with color, landscaping, office design and decor, etc...might be worth it.This is a big project and in addition to handling the actual rehabs, you have to be concerned with your renters inconveniences, 7am chainsaws, water and electric shut offs, downed laundry faculties, pounding and buzz saws whirring all day long.You have to have a plan to appease their anger over this--or they will move out (when they would have stayed), increasing your turnover and decreasing your estimated cash flow.Having a management company that is familiar with re-habs might also be a help--some may also handle the re-hab for you for a (% fee).Good Luck!
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7 November 2021 | 3 replies
Any tips on how to secure my property during the renovation period?
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1 November 2021 | 4 replies
However, the more hands-on you are and the better you know the property and avg vacancy rates the more you can adjust these numbers.For example, in terms of expense, if I'm looking at a townhouse where the HOA covers the roof, siding, landscaping and I know the HVAC and appliances are pretty new I'm assigning a lot lower expense to repairs & cap-x.
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31 October 2021 | 2 replies
I just wanted to post this and see any input from the community on any tips or just comments, I’m a newbie but have the drive to not be a slave in a company where I am replaceable and cannot make my own schedule.
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8 November 2021 | 3 replies
Just writing a post trying to network and maybe get some tips on how to get started.
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1 November 2021 | 4 replies
What are some pro tips or advice on my first flip?
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2 November 2021 | 5 replies
I have about 7 months until I PCS and was wondering how soon I should be looking and if there are any tips with this.
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2 November 2021 | 4 replies
Can anyone share some tips and tricks y'all use to accurately assess what your vacancy rate may be for a 2-4 unit MFH?