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29 January 2021 | 20 replies
On this first property I just did non-toxic paint, called ecos throughout, tried to pick low-voc adhesives etc. refinished existing floors, used some materials that my dad had left over from commercial projects, and went to a place called Community Warehouse downtown, which has a lot of excess building materials that have been donated.
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24 January 2021 | 7 replies
I'm not trying to be disrespectful but I say "GO" with your gut and installed nice kitchen furnishings, (and see what happens), and "IF" your nice kitchen furnishings are destroyed then he/they is/are to be held accountable, (and ask for strong security deposit),I remember when I was hired for JcPenney and it's JcPenney Store Manager walked through lamp section (where I was working and dusting and re-arranging lamps) and said to me that I had belong in "Fine Jewelry" Department and moved me into "Fine Jewelry" Department (where I was required me to hold keys for "Fine Jewelry" Department)...This had lead me to seeing video of how person is "Judge/Misjudge"...In video 2 different men (at separate times) walked into "Fine Jewelry" Department,In 1st video the man was professionally dressed and it's "Fine Jewelry" Department Rep was eager to help him (later she learned he didn't have any money and he walked out) and he didn't say "Thank You",Then....In 2nd video the man was homelessly dressed and it's "Fine Jewelry" Department Rep wasn't eager to help him (later she had learned he was millionaire who did have money, and never approach him (and she lost sale)) and he did say "Thank You"...So moral of this comment is: "Just because property is in bad area doesn't mean tenant/tenants bad person/people..Let your property be different from other properties to give tenant/tenants a chances/chance of "Positive" hope"...Yet at the end of day you R "Final Decision Maker and I will respect your feelings..."
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25 January 2021 | 3 replies
I'm looking into buying a fixer upper house which has a large shop on it- 36' x 48' x 16' (could store a boat or other vehicles, could be a workshop space, etc.).
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24 January 2021 | 2 replies
Propane Fuel Tanks- disconnect and store ifleaving for long term storage.J.
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25 January 2021 | 5 replies
This will include driving to the property (30 minutes each way), stopping off at the Home Depot/Lowe's/Favorite Hardware Store to pick up parts, and repair time.
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12 February 2021 | 3 replies
I would let them store their extra belongings in the 2 extra bedrooms in my unit for a low fee (let’s say $50-$100 a month).
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28 January 2021 | 2 replies
Another California-based company is expanding in Austin, and this one already has a sizable footprint in the Texas capital.Santa Clara-based semiconductor supplier Applied Materials Inc. is expanding its Austin campus with a new 729,000-square-foot warehouse facility, public records show.It's a major expansion for the company, which is already the third-largest manufacturing firm operating in Austin, ranked by total campus square footage.
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25 January 2021 | 0 replies
According to a study by the Latino Policy & Politics Initiative at UCLA, 40 percent of Black and Latino residents live in neighborhoods with high density, lack of green space, and few grocery stores.
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26 January 2021 | 4 replies
I work at a warehouse making very little and am eager to start building my wealth so I can have something to leave my family.
26 January 2021 | 0 replies
2 Family Building RentMortgageOther ExpNet Profit 1st Floor - Taxes 1,124 2nd Floor - Insurance 292 3rd Floor 1,500 Heat - 4th Floor 1,550 Water&Sewer 150 5th Floor 2,800 Electric 100 Store - Maintenance 200 Total Monthly 5,850 4,316 Total Monthly 1,866 (331) Total Annual 70,200 51,787 Total Annually 22,388 (3,975)Owner based on downpaymentOwnership %Monthly IncomeAnnual IncomeCash DownROI %Joe100.0% (331) (3,975) 124,500 -3.2%0.0% - - - 0.0%Total100.0% (331) (3,975) 124,500 -3.2% Dollars Rent Multiple: Building Mortgage Purchase Price $ 995,000 14.2 Loan Amount $ 895,500 201K Renovations - Loan term in years 30 Seller Concession Percent 0% Cap Rate: Interest Rate4.000%Seller Concession Dollars - 4.8%Monthly Payments $ 4,316 Price with Concession $ 995,000 Annual Payments $ 51,787 Percent Cash Down10.0%ROI:Cash for financing 99,500 -3.2% Private Loan Closing costs (besides concession) 25,000 Loan Amount $ - Cash Renovations - Payback: Loan term in years 30 Cash dispensed at Closing $ 124,500 -31.3 Years Interest Rate4.000%Piti Reserves (6 months) 25,893 Monthly Payments $ - Cash needed liquid at Closing $ 150,393 Annual Payments $ - Tax Impact: Deal Structure Pre Depreciation Profit 11,992 Building Mortgage $ 895,500 Depreciation 36,182 Private Loan - PreTax Profit (24,190)Cash $ 124,500 Tax Rate25%Other Funds/(Surplus) - Tax (Savings)/Cost (6,047)Total Purchase Price + Costs $ 1,020,000