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| A quick reference for residential investors from WILMOTH Group. Providing creative solutions, strategy, services and support in the residential investment community since 1994. |
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Partners:
The New Year is here but the same old problems exist. Many of those problems are not something we care to discuss in this newsletter. There are many though that are right up our real estate/property management knowledge base.
Lack of affordable housing is certainly one of those problems we face everywhere. Notice how many struggling office and commercial buildings, in every community, are sitting vacant trying to find a new use. We found this article from the National Association of Realtors fascinating when considering this dilemma. Could one problem be the solution to a different one? Could these vacant commercial properties be rezoned and repurposed to provide more affordable housing across the country? Its now being seriously discussed and in many cases the answer is yes. And the investment opportunities for this kind of development are coming. Maybe you are ready to take on your own project to provide a solution?
Quick reminder- as we enter what is known as "the dead of winter" your properties face many risks. Any property we manage, when it goes vacant in the winter, will complete winterization. If you are looking for some more information on that process check out this article from our site. We will also handle the de-winterization when the property again is occupied. This is simply a necessary expense for an Indiana property to lower the risk of much worse damages.
Thanks for allowing us to be your partner!
WILMOTH Team |
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Shared Utility Meters In Multi-Family Properties
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One of the common issues investors find when they acquire a multi-family property is shared utility meters. Sometimes buildings will already have been fitted with submeters which makes charging each unit simple. But, when the building has single shared utility meters, the owner will need to decide a plan for bringing the building, and all of its tenants, into a fair utility sharing arrangement.
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Why WILMOTH? Trusted Vendors and Contractors WILMOTH serves as your advocate to provide maintenance, repairs and renovations at the true market cost. Owner's benefit from our 20 + years of experience and long-term relationships with our vendors and contractors. |
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Why WILMOTH? Is It Time To Prune Some Investments? We are specialists for serving all the needs of investors. If you want to develop a plan for liquidation, don't just contact your local real estate person. Use the experts at WILMOTH to get the job done and discover our unique investor sales program!
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| Find Your Next Investment!
Check out our current list of Central Indiana investment opportunities!
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