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5 April 2020 | 2 replies
I am adding value by adding a new roof, plumbing, updating electrical, doing full renovation in the kitchen and bath, refinishing original hardwoods and additional cosmetic touches.What was the outcome?
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5 April 2020 | 5 replies
Great school system/community- 2 buildings- 6 units in each building- 2 Bed 1 Bath units-1000 sq ft per unit, appliances included, washer/dryer hookups in each unit- built in 1998 so fairly knew-Rent Roll is low and will need to be raised- Currently at 590$ per unit - Very low vacancy rate in the 15 years the owner has had them- New roofs, Air conditioners-Building structure seems very good.- Another plus is that I own 16 units just down the street so the location for me is helpful.His initial asking price was 650k and now he is thinking he needs to be at 700k.
4 April 2020 | 2 replies
Ok, I got a house under contract and now I'm going to put 20 bandit signs in the area, so I ran an ad on Craigslist to find a person to put the bandit signs for me.It has heen 8 days, and I haven't found anybody.My cr...
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7 April 2020 | 4 replies
Roof: Once a year after leaves have fallen.
4 April 2020 | 2 replies
When you get someone to put bandit signs for you. Do you tell them to buy the signs and then you pay them? Or do you buy the signs and then just tell them to put them?
5 April 2020 | 11 replies
When you hire someone to either take pictures or put bandit signs, do you pay them by hour?
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8 April 2020 | 2 replies
This seller might be good but they might not point the phone towards the water mark on the ceiling or such that makes you want to have the roof inspected separately or reveals a plumbing issue you want repaired.Many trades are still working especially on vacant properties during covid-19Finally, follow David Greene's advice from a recent podcast where they are writing contingencies to allow for appraisal's and extra closing time depending on what future measures might restrict key points in your closing process.
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5 April 2020 | 2 replies
Capex budget has to account for roof, floors, appliances, hot water heater, hvac, etc.
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11 February 2020 | 5 replies
If something pops up during the escrow period when I view the property like bowing foundation or leaks in a certain spot of the roof.
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12 February 2020 | 10 replies
Could you handle it if the HOA decides to bump the HOA fees next year or hit you with a $3,000 special assessment to pave the parking lot and replace the roof?