Nick Farrow
Ham Radio projects for Landlords
17 March 2020 | 5 replies
I was just wondering before I dive deep into making this project if there isn't already something out there.
Marcus Melgoza
Cost of repairs comparisons
18 March 2020 | 7 replies
Recently, numerous property listings I have walked in 5 points have either significant foundation issues or lots of standing water in the crawl space (one property we could not even get into the crawl space because of how deep the water was at the crawl space entrance!).
Aisha Young
Looking for other US expats investing in US real estate
3 February 2022 | 11 replies
Many Property Managers have "Turnkey product" or have the system to help you buy, clean up, rent, and manage something from afar.
Marc Winter
Eviction moratorium? How about mortgage moratorium?
26 September 2020 | 80 replies
There are many owners who perform all responsibilities of owning a property, from paying the taxes to cleaning the toilets, etc.
Greg Gibson
Living in an Expensive City on a Smaller Salary (my story)
19 March 2020 | 5 replies
With a little bit of sacrifice, a little hard work, a little thinking outside of the box, and a few hours of cleaning per week, we were able to live exactly where we needed to live to do ministry with our church.What is more, we were able to save money, and because we were renting (and giving money to the rent fairies), we were able to put aside money into savings and purchase rental properties in another market.Here were the numbers:$92,400 / TWO YEAR PROJECTED RENT COST AT $3,850 A MONTH$48,000 / PROJECTED AIRBNB RENTALS OF THE BASEMENT (BASED ON A CONSERVATIVE $2,000 A MONTH NET PROFIT)——————-$44,400 / TOTAL PROJECTED ACTUAL RENT COST——————-$1,850 / PROJECTED CONSERVATIVE ACTUAL MONTHLY RENT TO LIVE WHERE WANTED TO LIVEGAINING EQUITY THROUGH THE PRINCIPLE OF LEVERAGE:That wasn’t enough, however, because at this point, I was still at a net-negative of $44,400.
Peter Lysiak
Certificate of Occupancy issues due to "hoarder" tenant
15 March 2020 | 0 replies
Has anyone had trouble getting a clean Certificate of Occupancy in a similar situation?
Antonio Adams
Do you know of a cleaning service for Airbnb turnover in Dallas?
15 March 2020 | 1 reply
I’m looking for someone to clean Airbnb’s after guest have vacated.
Cole Bigbee
Industrial/Metal Buildings-Who likes this market?
16 April 2020 | 13 replies
@Kris Bennett The majority are service providers on the buildings 10,000sqft or less(HVAC, plumbers, mechanics, industrial cleaning company, equipment rental stores, etc.) with some light manufacturing mixed in.
Syed Naqvi
Checklist to buy a Multifamily building or an Apartment complex
27 June 2020 | 11 replies
Any balances due, tenants with late payments still dueIdentify any existing evictions in progressCertificate of Occupancy from the City of LA9a Property Report Natural Hazards Disclosure Statement Copies of all current insurance policies and insurance company contact infoLoss run from the insurance carrier (my insurance broker requires this from seller)Copies of ad valorem tax statements covering the Property for the last twelve (12) months, if anyCopies of electric bills for last 12 monthsCopies of gas bills for last 12 monthsCopies of water and sewer bill for the last 12 monthsCopies of trash bills for the last 12 monthsCopies of any vendor service contracts (common ones include landscaping, interior cleaning, laundry, fire alarm monitoring, and pest control) Copies of any environmental studies affecting the property, if any.A list of anything that will not convey with property (common items include laundry machines and appliances owned by seller)Copy of current management agreementCopies of all existing surveys of the Property, if any.Copies of all warranties for appliances, equipment, utilities, roof, paving, pool, etc., if any.Copies of the last three years’ profit and loss statementsList of all capital expenditures in the last 3 yearsDate of systems updates, if known (plumbing, electric, roof, HVAC) Preliminary Title ReportCopies of the most recent title insurance policies, if any.
Christopher Orr
Morning side first buy and hold.
18 March 2020 | 3 replies
Im going to put some sweat equety into it. cleaning up the front and back yard. updating the inside and adding a shower to the master bath.What was the outcome?