All Forum Posts by: Jeff Weaver

Yes casement / awnings are more efficient ( I have in my own home) however they cost more and most people tend to over  tighten the crank. Witch will make them strip out .  

Elijah, Thanks but I'm looking for larger and long term investments. I do think Detroit is a very interesting place to invest. I Just do not have enough experience in that market.

I know some landlords in a low rent area that hang a sign on their door that says all pex pipe. They also paint "stolen" on the water heater and furnace. ( who wants to sell a furnace that say stolen on it ) Some leave the doors unlocked so they don't have to fix the doors ( going to get in anyway) Before I had a PM I never supplied stove and fridge. Never had an issue it was great. Now my PM required that I supply. ( it's BS they make money off it) I own a window company I recommend buying double hung or double sliding windows ( vs single hung single sliders) that way if glass breaks you can just take the sash into the shop for 1/3 the price. Also fiberglass doors are less likely to dent. And are Just as secure.

David, Also is this lower flat going to have a living space and also a bedroom? If so you will need an egress window or door in both the living space and the bedroom. This code requirement could cost +\- $3500. Per window. Assuming you need to dig it out, cut the wall, and install a well and window. If you need help with this let me know I can refer you to someone or explain what you need to do. Jeff

You can do a zone damper system with three thermostats. Apx 3k to set up. But works great I like the air boss by arzel

Hi guys, I'm a investor / business owner ( sell windows and doors) in Oakland county, Michigan (North of Detroit) I have SF (22) and small MF ( 14 units in 4 properties) and 1 commercial (where I run my business and also sub lease to 4 other occupants) I started when I was 17 with $3k in 1987 and just kept doing BRRRR's / hacking it has worked out well for me. I hired a PM to handle all the SF but I still self manage the rest. Now 47 with a wife and 2 young kids I'm looking for direction. My wife and I live comfortably, but I wonder if I should transition into larger MF. I have little depreciation on my higher value property And lots of Equity that is getting a minimum return. I would consider selling all for the right property. I've listen to the BP podcast many times hearing investors say they wish they had kept them all. But I feel a little burned out on my multiples. Not sure why, there easy. Just want something new and shining I think. I would like to have something with its own management / maintence people. 100 units or more. Possibly a partnership . Also could use the larger depreciation as my wife and I are both working professionals. Looking for any feedback. Thank you Jeff

Hi guys I'm a investor / business owner ( sell windows and doors) in Michigan. I have SF (22) and small MF ( 14 units in 4 properties) and 1 commercial (where I run my business and also sub lease to 4 other occupants) I started when I was 17 with $3k in 1987 and just kept doing BRRRR's / hacking it has worked out well for me. I hired a PM to handle all the SF but I still self manage the rest. Now 47 with a wife and 2 young kids I'm looking for direction. My wife and I live comfortably, but I wonder if I should transition into larger MF. I have little depreciation on my higher value property And lots of Equity that is getting a minimum return. I would consider selling all for the right property. I've listen to the BP podcast many times hearing investors say they wish they had kept them all. But I feel a little burned out on my multiples. I would like to have something with its own management / maintence people. Possibly a partnership on something over 3M. Also could use the larger depreciation as my wife and I are both working professionals. Looking for any feedback. Thank you Jeff

Try: Suzanne Miller Butzel Long Logo Stoneridge West 41000 Woodward Ave. Bloomfield Hills, MI 48304 www. butzel. com Michigan | New York | Washington, D.C.

Real estate / tax attorney in Michigan : Suzanne Miller Butzel Long Logo Stoneridge West 41000 Woodward Ave. Bloomfield Hills, mi www.butzel.com Michigan | New York | Washington, D.C.