A Real Estate Blog
The good news – the apartment appraised above the sale price. The bad news – the appraiser included her comments about a possible meth lab: “Our site visit on May 25, 2018, accompanied by property manager ———, revealed that one of the units had a very strong chemical odor immediately upon entering the unit and my eyes immediately started watering and stinging. My associate, who has Asthma, experienced his lungs seizing and had to leave the unit immediately”. Mr. —– Read More
Do you have a game plan for your next real estate operation? Here’s an idea: come up with a checklist of all the steps you need to complete. Some of these will prove to be challenging – as in, you cannot proceed unless these milestones are passed, like getting loan approval and a successful appraisal. Others are simply necessary parts of the process, like creating an LLC or selecting an insurance agent. I will be discussing many of these steps Read More
I’ll be sharing a lot of stories and lessons learned as I navigate through various Real Estate transactions. And while I intend to spend a lot of time talking about “high level” stuff, I want to get right into the weeds right now, and talk about something I’m dealing with at this very moment. OK. I’m in the process of buying a 24 unit apartment complex, and we’ve reached a point where it seems we’ve gotten past all the major Read More
It starts with a plan.