All Forum Posts by: Account Closed

On the way!!  Contact me at [email protected] or 240-210-9814.

Tonja

­­­­­­­­­­­­­­­­­­This split level single family home is 1,802 sf, 4BR/2.75BA and needs love and care; but is immediately livable and rentable with minor repairs. Renovations needed include minor repairs, kitchen and bathroom updates; and cosmetic updates to the exterior. As-Is estimate - $319,800; Repair estimate - $30K; ARV - $425K; Contract - $300K. Purchase with equity! $500 EMD from the first CASH BUYER, and proof of funds conveys an assignable contract immediately. Closing estimated 12/2/16. Request property info sheet with pics via email.

Mark, I am interested!   Kandi

Is this property still available?

Kandi Jenkins

I have been watching the Everett market for the last year, and noticed that pricing for distressed properties, including duplexes, are either highly priced or go to auction. As for PM on rentals, I have one out of state and I have my Management Company deposit directly into my account for that unit-and I pay the mortgage directly. I have heard a few horror stories and learned from their warnings.

That is awesome Luke!! Good luck on your move!

Sam Shueh,

I wanted to get back to you on your questions - some of which were actually stated in my first flip post - but we all misspeak, it's ok. The house cost $80K, the first renovation was $57K and enclosing the patio was an additional $12K. I did my portion of sweat equity late at night for about 3-4 hours per night (and for about 8 hours on the weekends) - after the kids went to bed. I didn't do home improvements and shop all day - I was actually working full time for the Federal Government (I said I did the crappy stuff after work) - as I still do today. You can hang crown molding on the ceiling alone, but in smaller manageable sizes. I do know that base boards go around the bottom of the wall. I sold the home for $262K. You are free to do the math for the ROI. IKEA sells countertops in one piece square slabs (for islands) and cut to measure for counter tops - that can be fit into the back of a Dodge Grand Caravan with the back seats removed. If you use a dolly from the car to the house, and a towel on the floor; you can move the one large piece of countertop to the kitchen and ask your 15-year old to help you lift it and the cabinets in place while I screwed things into place. If you have any other questions, please feel free to ask.

thanks 

I am a Contracting Officer for the Navy.

You are singing my goals and it's great to know its reachable! Thanks for that run down of events. It motivated me.