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3 December 2024 | 9 replies
The algorithm is properly ignoring your listing now.
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5 December 2024 | 25 replies
He received quotes to remove the texture ceiling, paint the interior, purchase and install new kitchen cabinets and counters (including completing the design), picked out 2 floorings to get quotes which will be provided this week, and determined furnace is beyond saving (I will likely get HVAC quote for him).
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3 December 2024 | 1 reply
We went all in on renovations—tore down a chimney to open up the space, put on a new roof, installed HVAC, updated floors, and completely redid the kitchen.
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3 December 2024 | 4 replies
I'm actually interviewing PMs and CO Hosts this week, and Handyman for installation of all the furnishings set to show up at the property in January.
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2 December 2024 | 19 replies
When you say "is it proper etiquette to ask the seller's agent to share this info with us..." what info are you asking for specifically?
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4 December 2024 | 7 replies
If the kitchen was not cleaned properly, it certainly should have been.
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6 December 2024 | 8 replies
As for properly collateralized performing notes in Vegas I think those are quite safe.
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5 December 2024 | 7 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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5 December 2024 | 8 replies
I think flipping is the way to go on this project since it’s my first deal which has always been the plan but very grateful for some guidance. 5 weeks of tear out, wall paper removal 🙃, new electrical, deck supports, HVAC install…we start putting it back together!
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11 December 2024 | 101 replies
Windows are part of the floor plans so always make sure you do your proper due diligence.