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7 September 2024 | 11 replies
We will create a system of cosmetic improvements that will be completed for each property we fix and flip, therefore making the rehab a more streamlined process once the property is under our ownership.
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8 September 2024 | 6 replies
In general, tubs are moving down on the list of desired features.
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6 September 2024 | 0 replies
., the number of deals underwritten each month and their current stage) and measure key conversion rates (deals underwritten → LOIs submitted → accepted offers → closed deals).It would also be a huge plus if the software could assist with creating OM resources and help streamline rent comp analysis.Has anyone had experience with similar platforms or found one that really fits these goals?
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6 September 2024 | 13 replies
I want to compare these ratios.I also want a summary of features of the “high” category above.lastly, I want to know where those high properties are clustered, and if the market is saturated or not via comparison of supply vs demand growth.Hope that helps!
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5 September 2024 | 4 replies
“Streamline Option” – or “Limited Repair Program”Total financed rehabilitation costs cannot exceed $35,000Maximum Sub-Contracts is 3If more than 3 are needed then a General Contractor will be requiredRepairs are limited to cosmetic repair only.
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7 September 2024 | 5 replies
Use the search feature (magnifying glass, upper right) and search for "tenant occupied property" or "tenant occupied rental" to find a ton of discussions.You need to know what you are doing.
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9 September 2024 | 22 replies
One of the key features of the FHA loan was the Self-Sufficiency Test, which helped keep prices in check.
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6 September 2024 | 6 replies
The property features two 1,400 sq ft suites on the main level (one currently leased) and over 3,000 sq ft on the upper level, with 750 sq ft already occupied, 3 small office spaces (+/- 250 sq ft each), and a basement tenant with 1,400 sq ft of storage space.The building generates $6,000 in monthly gross income from its five tenants, but with full occupancy and market-rate rents, it has the potential to bring in $10,000+ per month.Given its historical significance, stunning architectural details, and location, I’m curious about your opinion: Would this property be more marketable for sale with or without the current tenants?
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3 September 2024 | 4 replies
Or if there was a good property management software that included accounting as a feature!
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5 September 2024 | 15 replies
Assuming you're contracting it out make sure you get multiple bids and I'd do the bare minimum inside or do that yourself (unless you're going to make it a hangout spot as a feature for guests - could also do this over time as you see increased cash flow).