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13 August 2024 | 1 reply
Additionally, I would appreciate community insights on renting out properties that aren't condos or co-ops in this area, as well as the market value.Thank you,Manon
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13 August 2024 | 6 replies
Hey Eli, hope you've been able to find a reputable company, but I can PM some suggestions over as well if you still need some.
10 August 2024 | 6 replies
Have considered doing wholesaling as well.
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12 August 2024 | 4 replies
If the answer down the road changes and you don't notify your insurance provider that could cause an issue if there's a claim.
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13 August 2024 | 7 replies
I would call around to as many lenders as you can and just find one that you feel is the best fit and communicates well with you.
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12 August 2024 | 5 replies
I’ve put a bit of money into the building and it has appreciated quite well.
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10 August 2024 | 10 replies
Duplexes are hard to find here as well.
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14 August 2024 | 22 replies
I am looking at the white mountain area as well!
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15 August 2024 | 29 replies
The categories match up pretty well with the 25 components I call out in my Estimating Rehabs books.Btw, this is the way my accountant recommended I set up QB...he's the one who moves everything to WIP at the end of the year for the properties that haven't yet sold.
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10 August 2024 | 8 replies
In theory you could also recover 1/6th of the CAM costs, too, but in my very limited experience with mixed use, the first floor commercial could very well push back on that, since they very well may not be utilizing almost any of the common area, depending on building layout.CAM would come from any number of places, commonly:Cleaning and utilities for any common lobby.Window cleaning for the buildingParking lot maintenanceLandscapingCommon HVAC maintenance, i.e. if a single furnace heats multiple spacesUltimately, you will want to be talking with either a commercial leasing agent or an attorney that specializes on commercial leases.One thing to note, while NNN leases are generally great, there is certainly work for you on a semi consistent basis, in creating the monthly escrow amounts and annual reconciliation.