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10 July 2007 | 6 replies
Many "improvements" have zero added value, but will reduce operational expenses by eliminating or reducing piecemeal repairs and costly, inefficient, service calls.I always TRY to offer units that will attract the top 10% of the tenant pool for the price range... you get top rent, fewer headaches, less turnover, and lower overall operating expenses.As regards commercial property--typically this is NET NET NET and improvements are not an issue, other than negotiated TI's for a new tenant.
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10 July 2007 | 3 replies
p.S.The upgrades that could help future value are:1. seperate utils2. energy efficient windows3. exterior new siding4. spruced up landscaping
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22 July 2008 | 19 replies
I would hate to screw something up and have to bring in a professional after I already spent all the time/energy.
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19 November 2007 | 5 replies
Tenants rarely follow recommendations for cleaning, and as a result will use abrasive powders or scratch pads which will reduce the life of the surface.
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4 November 2007 | 16 replies
I've been a holder of mostly growth / alternative energy stocks . . .My fave:MEMC Electronics - WFR - makes the silicon wafers that are used in solar cells
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8 November 2007 | 17 replies
Any down payment or reduced purchase price would affect the cash flow.
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24 January 2008 | 1 reply
Look at it like cutting diseased branches off of a tree: Serious cases may require aggressive pruning to save the core.Then focus your energy and resources on creating maximum value in the remaining properties that fit your big-picture investment goals.5.
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26 November 2018 | 37 replies
It's really about banks getting rid of some thorns in the side and reducing seller financing.