31 July 2022 | 25 replies
I recently found out that Toyota is moving a plant to Greensboro NC so that could be a market to look into as Im sure you have seen that the Raleigh market is sizzling hot right now.Good luck!
7 January 2022 | 10 replies
Hi Micheal,If it were mine.HUD gives a 15 year service life for cabinet tops.For instance if the age is 10 years, meaning 5 years (33.3%) of the service life leftI would charge for 33.3% of the cost of the replacement (parts and labor) that I had to write a check for.Owner labor is typically not billed, because you don't cut yourself a check for the labor.Make a point of telling new renters not to put hot pots or irons on the new surface (they probably didn't know any better).Here is a service life list for you.
4 January 2022 | 6 replies
It's a nice home in a great neighborhood and has a hot tub, community pool, etc. and it looks like it will rent well.
3 January 2022 | 1 reply
I like the idea of pedestal sink to add feel of more space and prevent water damage.
4 January 2022 | 4 replies
Case in point the area where I live has many houses downtown built on cedar post foundations, which are at end of life, and its a hot market, so what it appears is many investors just do nothing with the foundation if the house is within a couple inches of level even though the posts are rotten and will cause structural issues a few years down the road.
23 January 2022 | 11 replies
From what I was told, the electric heat pump is much cheaper to heat over time, but will struggle in keeping the pool warm in really low temps along with having a hard time to get the spa as hot as some guests like it.
10 January 2022 | 9 replies
We live in San Diego, so we're open to anywhere that has warm water and sand.
3 January 2022 | 4 replies
And/Or go farther back in time, max 180 days sold - that is what appraisers will work with, if not a shorter time frame in our hot market.
3 January 2022 | 2 replies
Large mutli-family owners would be wise to require insurance as a water issue in one unit can damage another.
4 January 2022 | 3 replies
Utility companies normally let tenants get pretty far behind before the landlord is notified- if the utility company puts a lien on the property for unpaid bills, it is better to have closer control over the bills- If there is a water leak or other problem with the property, the tenant doesn't have to bear the costDisadvantages of having utilties in owner names:- If tenants start using a lot more water/power, it is more difficult to quickly adjust rent or get them to conserve- with pandemic or other freezes on rent or evictions, there is no recourse for utility increases- if the tenant qualifies for low income utility pricing, it has to be in their nameOnce you decide what your guiding principle is, you can align your current rental agreement to match.