Grace A.
Self-managing rentals from out of state
26 December 2023 | 18 replies
I listed with Zillow and discovered that a tenant's digital footprint is really useful in determining who is a good tenant.
Vishal P.
Types of Multi-Family Furnaces and What to Look For
13 February 2017 | 10 replies
., a 1000 sq ft unit would need a 35,000 btu furnace at minumum. then you have to consider the distance from the furnace to the unit is services. if the building is a 3 story with a couple of apartments on the top floor, then those units should have at least 10,000 more btu than the calculation calls for. if each unit has the furnace within the apartment, then the calculation is what you go by. most systems are pretty much the same, but, just like a car, there are some brands that simply cost more to repair based on parts and such. trane seems to be among the most expensive. i recommend goodman. easy to install, easy to work on and parts are reasonable. no one can calculate the timing of repairs on any unit. i have seen 3 year old furnaces need work and i have seen some go for several years without an issue. too many variables to figure that out. if you are talking about having one unit for the entire building, same formula applies to the sq footage, however, i would not recommend this because inevibly, some apartments will not get as much heat as others, and with one furnace, you cannot control the heat going to each apartment. a boiler system could do that but if you don't already have one, it is going to be massively expensive to have one put in. in an inspection, look for the age of the furnace, this can be found in the model number in most furnaces. usually the 1st and second digits are the month it was build, and the 3rd and 4th is the year. however, this is not on all furnaces. basically, get the model number and look it up on line. anything over 15 years old is probably on its last leg and about as fuel efficient as a campfire. also, look for how clean the furnace is. if it is dirty, chances are it hasn't been service often enough. i would have it cleaned out at least once every 3 years at a minimum. change the filter at least once a month, especially in the winter months. a clogged filter not only can lead to premature damage to the heat exchanger, but will also effect the output and efficiency of the unit and could possibly poison your tenants with co2 gas. i hope this helps you, please let me know if you need any further assistance
Account Closed
Tech and Computer Reccomedations
13 January 2019 | 6 replies
I’m starting my real estate joirney and am looking for the best tools both hardware and software.Do you like to use a desktop, laptop, iPad?
Account Closed
Why Now Is The Perfect Time To Do A 1031 Exchange
31 January 2007 | 0 replies
Enough time has elapsed since we have seen a truly hot real estate market where the investor can feel confident that the high double-digit gains he experienced during the prior 4-5 years are not soon to return.
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Security Cameras and Systems Recs
24 August 2018 | 11 replies
I bought a laptop and loaded Digital Watchdog software on it with a license for each camera.
Logan Causey
Yield Curve Inversion, Buyers market around the corner?
19 August 2019 | 72 replies
Usually higher unemployment would mean more renters, but not if unemployment goes into double digits and people are struggling to find work. 3.
Jacob Lapp
Good time to get in the stock market?
17 March 2020 | 136 replies
out of the whole S&P 500, here are the companies that had a return >0% in the last month (as of friday's close): Cabot Oil & Gas Corp Clorox Company Gilead Sciences Inc General Mills Regeneron Pharmaceuticals Take-Two Interacti Digital Realty Trust Kroger Company Campbell Soup Company Marketaxess Holdings
Michael Lopez
Is It Time Time To Use My Savings To Buy Real Estate?
16 March 2020 | 109 replies
Hey @Michael Lopez, if you see how @David Neff talked about leveraging his 401k loan to invest in a short-term loan to walk away with double digit returns, you will quickly see the value in being a Private Lender.
Account Closed
Can I finance this way?
5 October 2015 | 19 replies
You can get a digital copy and do a quick study for ideas.
Abdul Azeez
Kaizen or Crestcore Memphis realtors
28 October 2016 | 19 replies
It would be extremely presumptuous of me to make any claims about hitting double digit home acquisitions in a defined time period.