Sean M.
Paint a brick house or not
14 May 2021 | 17 replies
If anything, use a white wash, but not paint.
Steven J.
Running Numbers: how do you take out your vacancy?
7 March 2014 | 7 replies
One thing I do notice is where/when the vacancy is taken out.Is it more wise to take a 10% vacancy off of total income (units + laundry + misc) or do you take 10% off of just the units?
David Glick
Improving apartments
3 June 2011 | 3 replies
I am wondering if it will pay to power wash the brick on the outside, or paint the inside something other than white/off-white.
Cassidy Burns
32 Unit Apartment Complex Purchase! Value Add
18 October 2019 | 5 replies
Purchase price: $550,000 Cash invested: $50,000 32 Unit Apartment Complex 1 Mile from Greenbrier Resort-24: 2 bed/ 1 bath units (Current rents = $400-$495 ; Projected Rents: $650-700)-8: 1 bed/ 1 bath units (Current rents= $300-$400 ; Projected Rents: $550-600)-Purchased at 7.76% Cap Rate -Current NOI = $32,500/year-Mom & Pop Managed-Owner Paying Water ($28,000 Bill in 2018)-Laundry Mat on Site = Not functional-Purchase Price: $550,000-Appraised Value on purchase = $700,000-Area CAP Rates 9%-Projected Income: $20,000 What made you interested in investing in this type of deal?
Account Closed
How often do you do a walk thru "inspection"
8 March 2014 | 12 replies
I don't care if you don't do your laundry or dishes but we better be square come the 1st.
David Huynh
Minnesota
31 August 2016 | 25 replies
I think $825-875 with a shared laundry is realistic for that area.
Paul B.
Why are there so many ex-engineers in REI?
3 March 2023 | 52 replies
My neighbor won't pay me for popping over to fix a washing machine.
Eric H.
Agents: How do you not waste your time with an unrealistic seller
15 November 2015 | 21 replies
If you have some good properties and own some dogs then the cash flow from the good properties is eaten up by the dogs and it's almost a wash.