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6 January 2020 | 7 replies
In order to quickly weed out prospects when analyzing properties I wanted to check to see if anyone has a formula or method for estimating a ballpark range of rehab costs.
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7 January 2020 | 3 replies
I hired a guy to oversee the basement work, and it turns out he never got permits or inspections done like he told me.
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7 January 2020 | 4 replies
I've been able to automate things with the city i.e. taxes, utility bills, permits along with "case management" for assigning contractors for quick solutions.
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8 January 2020 | 8 replies
I can't count on both hands the amount of clients that have come through our doors that purchased multi-family buildings, only to find out that they actually can't pull a permit, or get a rental license.
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9 January 2020 | 4 replies
All work with permits.
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10 January 2020 | 23 replies
I've heard of one way is ... if a prospective tenant doesnt fill out an application completely that is a reason for not accepting their application. ; ) But I dont know why you would want to deny a suitable tenant
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10 January 2020 | 15 replies
Here are some things that can become issues from an insurance perspective:When looking at the properties here are some things to look out for from an Insurance prospective:1.Any in-ground tanks (active or inactive)2.Any Knob & Tube or Aluminum Wiring3.If built before 1978, does the building have Lead Safe certifications4.Any wood stoves or secondary heating units.
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14 January 2020 | 13 replies
Tenant interviews are usually not permitted during due diligence because the prospective landlord tries to find out whether they can game the seller into a lower price.
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9 January 2020 | 0 replies
When house was being renovated I wasn’t aware I needed to pull permits and now I have 4 citations.
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11 January 2020 | 1 reply
Any tips on how to go about marketing for RTO property without completely dismissing prospective rental tenants in case I'm unable to land an RTO deal soon enough.