Peter Amico
Valuing a Mobile Home Deal + Insurance Question
8 August 2017 | 8 replies
-city sewer/water (I am not sure if master meter or if included in pad rent price, but will find out)-Laundry room, workshop, paved road-I am not positive, but believe it is 55+ community-Gross Rents= 121,200-Expenses: Vacancy- 9,696 (8%), Insurance 2,500, Taxes 7,000, Management (8%)- 9,696, Maintenance/Repair (5%)- 6,060, Garbage- 2,000, Lawn- 2,500= Total expenses 39,452-NOI= 81,748- One question here, should I be including the payments for the 7 park owned properties?
Ryan Pettit
Mobile Home Park Valuation
5 September 2019 | 3 replies
The upside is in running the park expenses better than 45%, sub-metering the water so you can pass on those expenses, and filling the vacant space.
Ryan G.
At what point do you need an architect in a remodel
9 July 2020 | 4 replies
Is it separately metered?
John Pauler
Tricky 1031 exchange w/ condo conversion
26 July 2016 | 10 replies
They require everything you mentioned, and even have some additional requirements...separate water, electric, and heating systems and meters, and a structural engineer or architects "statement of condition" for all the systems in the building...not cheap. $10k total costs would be nice.
Elizabeth L.
Sub Meter for tenants Water Bill
20 January 2020 | 14 replies
Have you ever had to add a new gas meter?
Dave C
Father wants me to run the park...now what..?
27 July 2009 | 2 replies
At this time, if I could I would also sub meter utilities if that has not been done.
Silvia B.
Pool repair question
28 February 2010 | 5 replies
They built a pool 20X40 with a 10' deep end and a 3 or 4 meter board.
Jerell Mixon
Solar… would you do it?
4 June 2022 | 7 replies
First they started removing retail priced net metering, now they’re eliminating all payments for net metering and raising minimum monthly bills.
Ramki D.
How much rent can i increase for next lease renewal - CA- SAC
13 November 2021 | 10 replies
all the homes in this area are listed for 2800$ + utilities (I have used online rent estimate tools like Avail,Rent-O-Meter, Zillow)I am planning to increase 150$ per month which brings monthly rent to 2280$. $150 is too low or too high?
Kyle Agius
Leak in copper water line near street. Best options?
17 May 2017 | 12 replies
We had to call Gopher One,, in MN, and electrical, cable, gas, water lines were all marked before we started to dig.In our city they are responsible for the line up to the meter.. but who knows about your city.. call and find out.our leak was between our meter and our adjoining apartment building.