6 June 2018 | 2 replies
It seems they check for visual, electrical, moisture, mold and gas.If it really is that simple than soft inspections can be done much cheaper and faster and more often by a trusted but non - certified joint venture partner.While I'm in the area I can do a demographic, a title, and a infrastructure forecast search.
14 June 2018 | 14 replies
theyre a bit of math but also visual they really helped me get the big picture when i had no idea where to start, and give real life experiences and examples, plus theyre good to listen to while youre sitting in traffic hah!
14 June 2018 | 0 replies
A lot of people make it seem like this:1) see obnoxiously grassy lawn2) knock on door3) see a visually distressed owner4) ask if they want to sell their home5) they say yes6) get them to sign a contract for me to acquire their home for 30% off the value7) pitch to buyers8) sign contract to buyer.9) send docs to title company10) receive cheque...and BALL OUT/ReInvest lolI feel like this is partly true but maybe missing a step or two.
28 June 2018 | 7 replies
This property has not been updated much at all so there are no visual signs of flooding and the seller said that it hasn't ever flooded ( his parents owned the property since 1970 but was built in 1965).
19 June 2018 | 12 replies
It make visualization much easier and seeing success is so important.
28 June 2018 | 14 replies
I am willing to go out of state...though I liked the thought of being a day's drive from a visual inspection.
9 July 2018 | 49 replies
I find that in any interaction with bankers, it helps me to visualize them as a robot that speaks a different language than me--numbers.
12 September 2018 | 24 replies
-Also a practicing visual artist / sculptor (www.kentcaldwell.com)-Moved to Vegas in 2012, bought a home in 2012 and 2014 when property was cheap!
22 October 2018 | 10 replies
You can build a Small knee wall to conceal the side of the range and provide a visual termination point for the kitchen.
6 August 2018 | 9 replies
It’s also in a city I know very little about (Norfolk, VA) here are the numbers- I welcome your thoughts/ insights:$259k - sales Price (4- unit building fully occupied)$1460- total mortgage payment (after 25%) down $305- Property Management Feee (10%)$105- trash (total water is $315 p/m but seller bills water to tenants and has it written in the lease)$60 - lawn careTotal rents are $3050Owner says monthly expenses are low.The best case scenario is net income of $737 assuming $400 extra monthly expenses (for worse case scenario unexpected expenses which always come up) and assuming all the tenants pay their rent.Positives- - Seems to be a good cash flow if expenses are kept low and everybody pays- 4-plex is located in an 85% residential area- building is ok condition (built in late 70’s) except roof is 18 yrs old- all tenants are gainfully employedConcerns- while the neighborhood visually looked fine, according to crimemapping.com its a moderately high crime area.