
9 March 2020 | 10 replies
They will provide a guaranteed personal response 24/7 for urgent matters (water leaks, electrical, etc) and 24 hours personal response for normal repairs.

8 March 2020 | 6 replies
There could be more to this, a larger underlying issue, but from those pictures alone I would say repoint the cracks to prevent water infiltration and dont worry any more about it.

14 March 2020 | 7 replies
Make sure there is an appropriate of coverage for accidental discharge of water from plumbing or appliances. 5.

9 March 2020 | 45 replies
Here is my deal analysis:PURCHASEPurchase Price$120,000.00Down Payment$24,000.0020.00%Closing Costs$3,240.00Mortgage$437.00INCOMEMonthly Rent$1,200.00EXPENSESProperty Tax$267.00Home Insurance$85.00Vacancy$50.004.17%Maintenance & Repairs$60.005.00%CapEx$96.008.00%Water & Sewer$80.00Gas$0.00Electricity$0.00Total Expenses$638.00DEAL ANALYSISNet Operating Income$562.00Monthly Cash Flow$125.00Cap Rate5.62%Cash on Cash Return5.51%So when I first looked at this deal, I saw there was long term tenants (so lower vacancy), the living spaces of the property were actually very nice for a MFH, and the price was attractive.

7 March 2020 | 1 reply
All units are individually metered for water and electricity bills.
9 March 2020 | 2 replies
I underwrite 15% when combined with repairs.You have Water listed twice.

21 March 2020 | 1 reply
Regarding the inside of the home, if people are actually living in it that says there should be water, electricity, and/or gas connected.

11 March 2020 | 17 replies
So if you had a serious repair issue (i.e. no heat, no water, dangerous electrical, etc), then your state gives you the right to repair the defects and deduct the cost of the necessary repairs from future rental payments.

8 March 2020 | 0 replies
Im looking at an interesting duplex property where, not more than 2 houses away, JEA owns (and is working on) 3 vacant lots for the installation of a Potable Water Well (screenshot: https://prnt.sc/rddvse).

9 March 2020 | 12 replies
I found a similar house where the flipper has replaced windows, HVACs and hot water heaters, got into the wiring and stopped.