5 June 2014 | 2 replies
I would think that mold would be excluded, as it wouldn't be a "sudden" event, and it would be your responsibility to dry up/remediate any water issues.
9 June 2014 | 16 replies
Adding to @Aaron Montague 's bathroom advise, I would also recommend you go with a 60 - 80 gallon, quick recovery water heater.
8 June 2014 | 25 replies
The help community here can definitely you navigate the REI waters.
5 June 2014 | 6 replies
One is where the window did not close completely, so to keep water and drafts out the plastic is taped on.
5 June 2014 | 2 replies
If it's vacant, assume the plumbing is gone, and possible the wiring, furnace and water heater.
6 June 2014 | 13 replies
The help community here can definitely you navigate the REI waters.
5 June 2014 | 0 replies
Asking price: $42,500 eachRent : $600/monthUtilities: all paid by tenants (Electric, gas heat and water, sewer)Taxes: $600/year each unitInsurance: $600/ year per unitGross income: $21,600/yearExpenses: $3600Vacancy of 10% - $2,160
6 June 2014 | 2 replies
Carolina NA thank you for your response, it was a bucket of cold water, I read the blog post you recommended and am reading "The Ultimate Beginner's Guide to RE Investing" and realized I was approaching it the incorrect way.
5 June 2014 | 0 replies
We are stepping into this and would need to assume infrastructure responsibilities to include: water, sewer, gas, electric, waste water management, impact fees and initial paving of public cul de sac.
9 June 2014 | 6 replies
The owner is the largest tenant with 2,120 sq ft, another tenant has 1,606 sq ft, balance (3) are all less than 400 sq ft, vacant office of 350 sf. with the balance being common elements, corridors, stairways, elevators, bathrooms, kitchen, etc.Gross rental income per the listing agent is $108,660, expenses are $41,225 annual condo fee (CAM) which includes electric, water/sewer, janitorial and property management, the estimated new property taxes are $15,500, and insurance approx. $2000.All tenants' leases are 1 year and/or have less than 1 year remaining.The property was purchased by the seller in 2011 for $350,000.