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This property I am looking at is early 1900's. The pro forma shows 10% for maintenance and repairs. Would you include capital expenditures in that? Or add an additional 5-10%?
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People usually talk in metrics of the monthly cost, like 8-10%. However when you add in lease fees, inspections, etc, it ends up more like 11-14%. Do you underwrite deals at the higher amount favoring in all these costs?
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Good morning investors, contractors, homeowners, banks, and code enforcement persons. I have a question about what can and cannot be done as far as adu's are concerned? I know there are limitations and certain zonin...
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Hi Guys - I would appreciate if someone can help on thisI am about to sell a property which according to my measurement is bigger than the size listed on local county appraisal site. Since I am not a professional so I...
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Ok, I don't want this to be long so here it goes. Ask was 196k, offered 174k, purchased for 179k. 3 tenants already in, one moving out, one changing apartments - downsizing. Plan - close in September, renovate the ...
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We are having some trouble filling our vacancies here in November and it’s not from lack of interest, it’s from lack of money for the deposit. We are getting a lot of questions and showing request from our marketing i...
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OK, I KNOW that I will get in a lot of trouble for this post. I had to leave the house before posting this because my wife is going to kill me…. so I may need a place to sleep tonight 😬😬
However, I am continuin...
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So tenants have been evicted. I have the judgement for the last FTPR which proves unpaid rent of 2 months. The question is, can i start the process of garnishment using that judgement and on a side i file for a large ...
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Originally didn't want to post this because it felt a little self-congratulatory, but I like hearing other people talk about their wins and getting inspired by them. If anyone wants to reach out, especially those in t...
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We own several rentals in an area of our town called Midtown Revitalization District. this district is sandwiched between 2 major hospitals and a junior college. All of our rentals are new construction duplexes and ou...