Steven Gesis
Apartment (multi family) ammenity ideas
14 April 2020 | 17 replies
It’s usually good for $10-$40 per unit each month if you set it up right.Car wash station is another where you have a dedicated spot with water and power and sell cleaning supplies/rent a Vaccum Have your tried renting out your model unit as a short term rental as an amenity for tenants that have family visiting and don’t have the room to accommodate
Jakobe Smiff
Is this a good investment opportunity?
9 March 2020 | 8 replies
In general, I'm curious if this is a good investment opportunity long-term and what other information I should know to help make the decision.Here are some of the numbers:Property Value: Estimating ~$800,000, but it hasn't been officially appraised since it was purchased 10 years at $500,000.Taxes: $4,000Insurance: $2,100Year Built: 19125 Total Units: 2Br/1Ba, 2Br/1Ba, 2Br/1Ba, 1Br/1Ba, StudioUtilities: Owner pays only water and trash.Mortgage: Despite being zoned as a 5-plex, the property has been approved for residential mortgage previously (one unit classified as storage during appraisal).Previous Gross Rents: $45,480 (previous owner was very generous with rent to family/friends)Estimated Gross Rents: $69,600 (based on market value)Previous Annual Expenses: $12,500 = 27% of gross rent.
Justin Triplett
20 Yrs old getting into real estate! Any Advise?
20 March 2020 | 14 replies
When you can, jump in the pool and test the water.A little caution with that water, as unless you have a good idea what's under that surface, going head first is not the choice I would make.Just don't expect to get in the water and jump out clean and dry the first time.
Jay Batista
When to cut a deal loose?
6 March 2020 | 4 replies
Rough numbers roof 10-15,000, boilers $5,000 each, chimney removal or rebuild, could be $5000, plus kitchen and water infiltration/mold.
Melissa Nimley
I have two investors and i don't know what to do with them. Help!
12 July 2020 | 17 replies
That building will probably be old and have a boiler with no separately metered water.
Karen Higgins
Self showings of properties w/o management present... Thoughts?
25 May 2021 | 9 replies
- Self-showing applicant loves the property but is worried about noise, opens the second story window to hear how quite it is and then forgets to close it, it rains that night, causing water damage.
Darshil Parikh
PLEASE HELP ME ANALYZE A DEAL
7 March 2020 | 11 replies
Still need to budget for roof 25 year life span, appliances and hot water heater 12 years, hvac 20 years, bath and kitchen remodel 20 year life span.
James Greenwood
Live in flip, manufactured home
26 June 2020 | 1 reply
New metal roof New gravel driveway New shed and pump house New deck Exterior paint New electric panel Rv pad with water sewer and electric hookups Interior: flooring, Sheetrock, paint, painted kitchen cabinets, hearth, windows and doors, bathrooms, walk in tile shower, mowed entire 7 acres.
Marita Jojo
Who pays sewer charges in PA ?
12 March 2020 | 5 replies
So now the bill for water and sewer are bundled, and the tenant that has their own water meter and account will pay for water and sewer.