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17 August 2019 | 9 replies
I’ve never seen a property rehab a fire damage house.Does the normal general contractor come out and draw up an estimate for repairs or is there a special person?
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3 August 2018 | 49 replies
I ended up going with someone else because of it.A quality lender simply would not do that.. if you got a bad feeling then that's fine too its your deal your choice =
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23 July 2018 | 6 replies
various repairs have different returns some like a kitchen remodel get a lot of bang for their buck, others need to be done but don't add a ton of value like upgraded electrical.
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23 July 2018 | 3 replies
Based on current rents, average unit price appreciation, condos fees and property taxes - it would be a negative cash flow for the first 7-8 years, excluding planning for any repairs or vacancies.
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23 July 2018 | 7 replies
The positive camp of my local investors are telling me it is going to transform the area because more people more business moving in will raise the house prices and rents, while the negative camp is saying that the complex will draw all the quality renters in my area so the house prices and rents will actually go down.If you have come across something similar before, please can you comment what was the impact?
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23 July 2018 | 1 reply
(if you PM /email me the address I would be glad to pull some data for you)...At a glance, you are completing a renovation on this property, but your expenses are sky high for operations...why would you have operating expenses for a freshly renovated property...and CapEX...logically, your expenses would be significantly lower for things like maintenance/repairs...Glad to assist further
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23 July 2018 | 12 replies
For minor work (i.e. quick exterior repair), I probably wouldn't bother notifying them.
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23 July 2018 | 2 replies
Water needs to be metered to tenants.Both units need repairs and remodel.
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25 July 2018 | 4 replies
Now before everyone jumps on me about, "If you sold under contract why are YOU making repairs?".
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1 August 2018 | 25 replies
What are the needed repairs for this Duplex ?