7 September 2021 | 2 replies
Storage areas can include built-in cabinets, closets, attic space, and even outdoor sheds, etc.Laundry: Including a laundry area and machines is a big bonus for tenants, as they compare that with apartment living where they would have to use common laundry machines that require payment.HVAC: Make sure to include an effective dual heating & air-conditioning system to service the ADU, so your tenant is comfortable in the unit.Kitchen island: It may be difficult to squeeze in a kitchen island in a small ADU, but it’s a big bonus if you can make the space.
9 September 2021 | 9 replies
I would also consider looking into Columbus OH as it has great rents compared to prices along with high appreciation.
12 September 2021 | 44 replies
So studying homes, comparables, and neighborhoods to determine for each property a price that would make a profitable flip is what I'm doing right now in #richmond #virginia.
10 September 2021 | 7 replies
Compared to the bay area, you can find almost or actually cash flow rentals in this area much easier, and compare to some mid west regions, you can find more appreciation in this area.
15 September 2021 | 2 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
6 September 2021 | 5 replies
I went through a pretty extensive interview with a lot of PM companies and used a spreadsheet to compare before deciding on one.The other thing to make sure you are budgeting for is contract services.
8 September 2021 | 7 replies
When it was pointed out to the seller during the walkthrough yesterday, he answered that he will "tap it back in", as if he has done it before.In the seller's disclosure, he marked "No" on any history of walls/foundation shifting, movement, deterioration, past or present.
7 September 2021 | 5 replies
These things are nothing in general compared to what most of see over a 50-page report.
17 October 2021 | 5 replies
He is probably a better bet b/c he isn't going to lose that compared to someone who has a job today, and doesn't tomorrow.
8 September 2021 | 4 replies
Yes, this happens when you close without doing your due diligence and doing an OPRA request on the property and comparing any permits pulled and closed (or not pulled) to obvious work done on the home.