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All Forum Posts by: Glenn Banks

Glenn Banks has started 2 posts and replied 101 times.

Post: Has anyone renovated their kitchens with IKEA?

Glenn BanksPosted
  • Design | Build
  • Milwaukee, WI
  • Posts 107
  • Votes 35

@John Daly IKEA is low to mid grade quality and is labor intensive. Buy plywood boxes that are middle of the road quality and that’s the best you can do for rentals. Soft close drawers, soft close doors. Order and install.

Post: Can I legally evict my tenant?

Glenn BanksPosted
  • Design | Build
  • Milwaukee, WI
  • Posts 107
  • Votes 35

@Jeff Jackson What a dick move. Boot his *** out.

Post: Rude or is it OK to Ask??

Glenn BanksPosted
  • Design | Build
  • Milwaukee, WI
  • Posts 107
  • Votes 35

@Chandra Mcculloch

I’d said learn how to run your own comps. It’s your money. Comps can be subjective depending on who’s doing them.

Post: Getting discouraged. Everything is going wrong at once.

Glenn BanksPosted
  • Design | Build
  • Milwaukee, WI
  • Posts 107
  • Votes 35

@Ryan Rush Keep pushing. Same thing happened to me, but I’m staying aggressive. Can’t win if you don’t play.

Post: Landlord cash for keys gone bad.

Glenn BanksPosted
  • Design | Build
  • Milwaukee, WI
  • Posts 107
  • Votes 35

@William Collins

Hate to say it. Bullets are cheap these days.

Post: Would you sell for 80k Profit or continue to hold?

Glenn BanksPosted
  • Design | Build
  • Milwaukee, WI
  • Posts 107
  • Votes 35

@Joshua Watts We've beens seeing up to 79% LTV for commercial 5/1 arms (cash out) On a 30 fixed FHA we're seeing 70% (cash out) and 75% standard re-FI

Post: CASH COW-TURNKEY DUPLEX IN WASHINGTON HEIGHTS, MILWAUKEE WI

Glenn BanksPosted
  • Design | Build
  • Milwaukee, WI
  • Posts 107
  • Votes 35
@Shawn Ackerman Property generates $2450 gross rental income $1k for debt service pet month $400 property tax per month $90 insurance per month Upper is 2k sq ft - rents for $1300 a month Lower is 1100 sq ft- rents for $1050 a month Both are 2 BR 1 bath units in a desireable neighborhood in Milwaukee

Post: CASH COW-TURNKEY DUPLEX IN WASHINGTON HEIGHTS, MILWAUKEE WI

Glenn BanksPosted
  • Design | Build
  • Milwaukee, WI
  • Posts 107
  • Votes 35

Beautifully remodeled duplex in Washinton Heights. 

Updated Duplex in prime location. Duplex features Newer ROOF(2017), updated 95% Lenox High Efficiency furnaces(2017), with matching new central air units(2017), water heaters(2017), electrical(new service panels 2017) & solid bones. Updated cabinets and granite countertops in each unit. Lower and Upper is freshly painted, refinished Hard Wood Floors, wood work and tiled kitchens, updated tiled baths with new fixtures. Lower and Upper well maintained. Upper unit will be vacant prior to closing. 2 car detached garage. Located in Washington Heights Neighborhood. Truly hassle free cash cow or perfect for owner occupants.

Post: I want to get into marijuana

Glenn BanksPosted
  • Design | Build
  • Milwaukee, WI
  • Posts 107
  • Votes 35
Rousner Ermonfils Vegas ?

Post: My rent is $1000 under market value....

Glenn BanksPosted
  • Design | Build
  • Milwaukee, WI
  • Posts 107
  • Votes 35
Tom Liu This is business. Raise the rent, they will leave. Rehab the apartment. Rent for market rate. And done.