13 September 2021 | 11 replies
@Spencer Herrick like most of the folks said here, it's about your team and being sure you have a solid due diligence process in place...no need to see a property in person if the property meets all the criteria on your due diligence checklist...the first 35 checklist items are crossed off in the first 3-days of due diligence...One thing you have to remember is almost every existing and new structure in the country was built by a professional developer that met strict requirements set by building codes...properties can have issues, but almost anything can be fixed...overall SFR and MF homes are incredibly durable.
10 September 2021 | 2 replies
I am sure there are much smarter folks that can tell you why but I have not seen a complex that size built in okc in the past 40 years or so that I can think of.
2 October 2021 | 26 replies
Rather than allow more units to be built, legislation was forced on the type of tenants and tried to solve a supply issue with legislation.
13 September 2021 | 6 replies
If this is in a complex by the country club, there are a couple of complexes near by and each one are decent complexes, but they are competing now with newly built ones and a future development that will add about 200 apartments.
12 September 2021 | 2 replies
These are required:Rental AgreementSmoke Alarm / Carbon Monoxide AlarmMold & Mildew AddendumSafety AddendumSecurity Deposit Addendum + Notice of Security Deposit RightsMove-in Accounting (Portland)Condition at Move-in (Portland)If the property was built prior to 1978 you'll also need lead-based paint disclosures.
18 October 2021 | 2 replies
Not sue if they only build for themselves (buy the land, build the house and put it on the market) or if they’ll also build for a client who already has the lot, but you could ask.You could also look into modular homes (built in a factory and delivered/assembled on site).
27 October 2021 | 17 replies
Because you built your buyer list first, and know the criteria of the buyers that you'll sell deals to, you will be able to assign the deal within a couple hours. 8.
4 October 2021 | 13 replies
Anchorage was simply built with a lot of multi family - as you likely know from being here in the past.
13 September 2021 | 4 replies
So far we've been doing the basics as the house was built in 1910 and it needed a lot of TLC.
13 September 2021 | 1 reply
I have seen strong cash flows from newly built townhomes or existing single-family homes.This strategy may grow the portfolio value more slowly but single-family REITS have far outperformed multi-family REITS recently and large institutions are putting big money into the SFH game.