Hey guys I need some advice here. I am refinancing my rental currently. I needed to get the home appraised so I had set up a time with the appraisal company and my tenants that worked. The tenants told me that they wo...
We found a deal on a personal home that needs some work done. Mainly wood repair,paint and flooring. Not sure where to start. Im thinking to compose list of items needing work, get estimate for materials such as paint...
Hi all - I was hoping to get some good local referrals for a painter and carpet installation. The home I am about to close on needs a few cosmetic touches. Some info on the house:3 bedroom, 3 bath - the 3 beds and sta...
I have over 45 units now and every time a vacancy comes up, the property managers want to repaint the entire unit even though 99% of the paint looks great in a lot of cases. This is obviously eating into cash flow! ...
Granted, I’m just starting off with this home buying thing. That said, style is important to me. I’ve built 10 artisan brick oven bakeries. 25 brick ovens. And a Food Truck Park with bar and stage, servicing 13 indivi...
On a multifamily what cap rate would be best to consider?
I recently been told that the best cap rate to consider on a multifamily of 100+ units should be about 7%-8%, with an occupancy rate of 75% to 80% in order to...
Hi, I'm a new investor. We purchased a new build home in San Antonio last year. Our Bank has informed us the taxes for the first year were on the land only, but now it will be on the home as well as land for this curr...
Hello,
Yesterday I changed the guts of my toilet for the first time. Missing from my tool box was a pair of 4 inch channel locks which would of saved me a ton of time and frustration.
So here is my question to the ...
Hi All,I'm working on a 60 unit deal and was reviewing the financials and noticed the previous owners were paying $21K for a property management company to manage the property (they manage ~500-600 units in the area),...
Hi all! My house at 11847 Burning Bend in San Antonio TX is taking a bit longer than expected to sell! We are getting close to 6 months since acquisition. Bought with a hard money lender.Our exit strategies are as fol...