12 May 2020 | 16 replies
It's waiting on title company to do its thing before I do the few things to it to get it ready to place a renter and finance it to replace the LOC funds and put back some reserves.While that deal is on a fasttrack plan, I have a second slower process deal working.
2 June 2020 | 6 replies
(Indoor smoker)-Either paint or replace all the drywall (again because of the smoking)-Replace the water heater.
8 January 2020 | 6 replies
There was a bad roof leak, so he replaced the roof in 2018, and replaced the rotten wood and ceiling.
6 January 2020 | 7 replies
Once you know the houses in your area pretty well, using those 25 components makes it a lot easier to estimate back-of-the-napkin.For example, I know that for a specific type of four bedroom, two bath house in my area, it costs about $2,000 for all new electrical fixtures, about $2,000 for all new plumbing fixtures, about $3,000 for interior paint, about $7,000 for new flooring, about $8,000 for new cabinets and countertops, about $2,500 for all new appliances and about $1,000 for miscellaneous cosmetic stuff.So, when I walk into one of those houses, I know right off the bat that I will spend about $25,000 for a full cosmetic rehab.But that exact same scope of work for a different type of house with different finishes in another state where I rehab would cost much different for a cosmetic rehab.
7 January 2020 | 3 replies
So are 3 bed rental was apparently used as a meth lab and now requires remediation...which consists of complete cleaning and replacement of exhaust vents and cleaning furnace.
26 July 2022 | 12 replies
All the seg does is break out the different components of a property and depreciates them based on their life spans as opposed to the overall property's of 27.5 (for residential).
7 January 2020 | 4 replies
Unless you've got all of your replacements lined up at one time I suspect you'll end up using individual loans for each replacement.It could certainly be worth exploring a lender that would write a portfolio loan and let you add properties as you go.
11 January 2020 | 3 replies
Work with the Golf Course to create some lease packages with course membership/Passes.Get in touch with Lonnie dealers through BP and MobileHomeParks.com to help bring in tenets.I envision working with the existing and future tenets to seller finance the park owned properties, in order to move away from fixing toilets and replacing water heaters.
8 January 2020 | 8 replies
I've been here for about 1 yr and looking to replace my landlord.
6 January 2020 | 0 replies
Work with the Golf Course to create some lease packages with course membership/Passes.Get in touch with Lonnie dealers through BP and MobileHomeParks.com to help bring in tenets.I envision working with the existing tenenets to seller finance the park owned properties, in order to move away from fixing toilets and replacing water heaters.