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Updated over 7 years ago on . Most recent reply

User Stats

37
Posts
20
Votes
Mark Taliercio
  • Real Estate Agent
  • New York, NY
20
Votes |
37
Posts

First BRRRR Purchase

Mark Taliercio
  • Real Estate Agent
  • New York, NY
Posted

Hi All,

Just wanted to introduce myself! My brother and I closed last week on a SFR in connecticut that we will be renovating and renting out. Ended up with a price and terms that were very favorable. It is currently a 3/1 and we are flexing to a four bedroom. Purchased together with my brother as my first, his second investment property, though we manage a portfolio of other properties. Plans as of now are:

- Remove wallpaper and repaint entire interior of home. 

- Replace doors and windows throughout.

- Kitchen: Paint cabinets, new appliances, new sink, granite counters, and put in dishwasher. Flooring will stay.

- Sand & Stain hardwood upstairs where the carpet was, the main level's floors are great.

- Converting dining room to bedroom and open wall to kitchen from living area.

- Finishing the basement.


I will do my best to keep this updated, below pictures are from the first day and arent great, sorry they are sideways. That is my brother and a buddy in a few of the shots.

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