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Updated almost 10 years ago on . Most recent reply

User Stats

205
Posts
136
Votes
Cliff Harrison
  • Rental Property Investor
  • Shawnee Mission, KS
136
Votes |
205
Posts

Closed Rental #12 Today! South Kansas City

Cliff Harrison
  • Rental Property Investor
  • Shawnee Mission, KS
Posted

#12 is a 3/1.5/1 ranch located in South KC in my favorite cash-flow area.  It has three huge trees that will need some watching.  It is in good shape but dated - has wallpaper from way-back needs a good floor buff.  All hardwoods though it is going to look good. Should rent around $925 quite quickly.  $60,000 purchase, needs $2000 cosmetics.

Updates:

#10 - rented out for $50 more per month than I estimated in my analysis - $925 - to two rothers participating in IHOP (not pancakes).  It rented one week after I took possession.

#11 I am upgrading the flooring in the add-on Den from carpet to Laminate Wood, and interior paint.  Should be ready to go soon.  Even with the repairs needed, I have done several showings.

#8 - remodel is scheduled to be completed this weekend and I can start marketing it next week.

#6 - put in a couple of french drains (holding pipes) to control ponding water in front after torrential rains.

#4 - swapped a small bedroom old carpet out for laminate wood (less than $100 project) - tenant delighted.

Ok, that is it for now.  Hope everyone is doing great with your projects.

Cliff

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