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Results (10,000+)
Michael Hutchinson Septic issues with apartment buildings
8 March 2018 | 9 replies
The current solution to the issues is pump a few times a year and remove the washer/dryers from all units it appears.
Michael Plante Lowering rent for tenants to take care of maintenance
20 February 2018 | 34 replies
It's not a practice that's scalable or sustainable since it can create unknown and hard to measure risk.
Dan Hoehn Tub Surround with Window
2 January 2021 | 27 replies
I'm leaning towards that solution with a solid (marble, etc) window ledge that is well sealed.
Julie Marquez Neighbors sewer line is on my property, what can I do?
17 August 2021 | 16 replies
Julie Marquez In the situations we’ve dealt with here - regardless of whose property the line is on, the cities have made the neighbors work together on a solution.
Bradley Miller Proof of funds - 3 days before closing.
12 May 2018 | 3 replies
There are many potential solutions, but they needed to have been identified months ago.Only thing I can suggest moving forward is to be more thorough when interviewing and hiring a lender.
Neal Collins Boosting apartment values...nice win to share
24 May 2018 | 31 replies
We're in Portland, Oregon and very few cases can you hit the 1% "rule", and if you do you have to be creative.I wanted to share a win today that has been in the making for the past 10 months because I think it is a good example of what a low cap environment looks like and what a solid base hit looks like for those that want to invest in small multifamily deals.Here are the details on the property:9-units in an up-and-coming neighborhood Purchase price: $1,550,000Cap rate: 4.5%Average rent was ~$995 and Owner was paying for garbage and water/sewerWhen we took over we immediately had a couple units turn over, which was great because we wanted to get in there to do some upgrades (we do a lot on the sustainability side that include reducing hazardous building materials, energy efficiency upgrades, bike storage, decreasing utility consumption, etc).
Michael Karl Raising rent on a newly acquired unit with current tenants
7 July 2016 | 12 replies
I belive this is the better solution becouse in theory you can have 11 turnovers in 1 year ( 1 at the end of each month ) and now i don't even count with the turnover timerate so you would not only have more turnover rate, you would also loose rental income for the days you can't rent out the unit.
Wade Stahle is escrow deposit needed in purchase and sale contract?
9 July 2016 | 4 replies
My solution has been to offer a small earnest money deposit; as little as $10.
Joe Splitrock What is your day like?
8 June 2018 | 27 replies
I hope you can transition away from that as you get REI deals, because working that many hours that is not sustainable long term.
Nancy DeSocio Does more parking add value to a property?
11 April 2018 | 17 replies
We did get one quote for gravel, and it was much less expensive, but also a shorter term solution since we won't get as many years out of it.