
14 May 2011 | 6 replies
I actually sold a condo that I lived in for several years - primarily because of the HOA - and have decided that I'll never live under one again.I know that does not help you, but I suppose the real question is whether you think it is worth the time, resources, and energy to fight the board.If you've been unable to find such a screen door, perhaps the members of the esteemed (TIC) board could identify where to find one?

20 May 2011 | 13 replies
There goes your vacancy rate for awhile.Don't get me wrong Robert, there can be real money in multis, if you're willing to go put the energy in to what needs to be done and have a few more headaches.

31 May 2011 | 15 replies
Also, more efficient management, standardization, and cost control.

31 May 2011 | 17 replies
You are at a great age to have the energy to get it done.Keep it balanced and build as you can on your terms and nobody elses.Good luck.

26 August 2018 | 12 replies
Contacting the above SC resources will just cost you some time and energy... and may make your decision on if you should go forward with legal action a little easier.

5 June 2011 | 2 replies
You came into real estate assuming it was the best way to use your energy and time, so there is no better way to spend it.

21 December 2009 | 8 replies
just returned from deployment I'm looking at this property to buy, so i can focus on school, and not work17 unit and 12 unit building17 unit building mix15 unit rooms at $328 a month paid week 2 units $640 monthparking laundry incom $87total month $6150Total Annual $7400012 unit building mix8 efficiency $520 a month 4 rooms $390 a monthparking laundry income $152/monthTotal Month $5700Total Annual $68000Actuals from RealtorMONTHLY INCOME For 20092009MONTHRENT COLLECTEDLaundryTOTALRENT COLLECTEDLaundryTOTALJAN$5,810$100$5,755$100FEB$3,430$100$4,055$100MAR$3,782$100$3,640$100APR$3,030$100$4,573$100MAY$5,507$100$3,580$100JUN$4,392$100$3,277$100JUL$5,467$100$3,060$100AUG$5,730$100$4,526$100SEP$4,390$100$6,855$100TOTALS$41,538$900$39,321$900AVERAGE MONTHLY INCOME$4,615$100$4,715$4,369$100$4,469Annualized Average x 12$55,384$1,200$56,584$52,428$1,200$53,628expenese2008 Taxes (actual)$5,716$7,985electric (actual)$9,252$8,352Water / Sewer (actual)$1,362$2,118Insurance (actual)$1,350$1,455Rooming License (actual)$216$0Repair & Maintenance (projected)$3,000$3,000management 5% (projected)$3,190$3,101Reserve (projected)$1,800$1,800Total Expenses$25,886$27,811On market for $603000Am I overlooking anything, it seems with favorable financing this property well work out nicer.Great first investment to set up my business a foundation if you well.Looking for insight, help, things to look out for, great loan companies, cash partners, anyway you can help I'd very much apprecitate it.

12 December 2009 | 2 replies
As I figure it, each 4-plex running at max efficiency should be worth $250,000.

15 June 2010 | 27 replies
Instead of talking to a lawyer, direct your energies into getting a clarification from the negotiator.

16 February 2010 | 8 replies
Where are you planning on focusing your energies?