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All Forum Posts by: Karim Jiwani

Karim Jiwani has started 2 posts and replied 4 times.

Thank you guys very much for your help! We are going to do new hardwoods. Repatching it really wouldn't do the house justice(ARV is around 350k).

The contractor gave us a quote for $2400 including labor for new boards. Im pretty sure they are the type of boards you guys are recommending.  Thanks so much for your help! 

We are looking to flip the house. Why is hardwood a bad idea for rental homes? 

The first thing we are starting on is the painting. All the rooms on the interior of the house needs new paint. The house has a ton of wallpaper all over it and its been painted over too. Its been a pain to take out. A little bit of the sheet rock has been dinged into.

The next thing were going to do is take out the countertops and replace it with granite. 

All the bathrooms are getting granite counters too(we got that for around $3400)

The whole exterior of the home needs to be painted. The pool may also need some work but it is covered, though the cover has a lot of tears. 

Theres a tiny leak in the roof too but I think its not bad at all. And some of the boards on the outside of the frame need changing but I think that is easy too.

We are also replacing all the appliances. We are looking for stainless steel. We need a 36 inch drop cook top, 30" combination microwave/oven, dishwasher, and possibly a refrigerator. 

Any chance someone here is selling one?

We are replacing all of the fans in the entire house.  We are also getting new carpet in the basement. We are considering getting new fixtures and door hinges but its looking to be more of a pain than a necessity. What do you guys think about that?

Id say my aunt has found some amazing prices on the work thats been done so far. Im excited see the progression!

We are hoping to finish by the end of January.

I will try to upload some before and after pictures soon.

Thanks so much guys for your help! It really really helps me out! This website is super amazing!

Thanks @Kalimah Jenkins!  Ill do that now! 

 Just realized I made a newbie typo mistake in my original post and now it can't be edited. oops.

I Just bought my second property from the foreclosure. My first didn't need any rehab work fortunately thanks to some nice insider tips I had received.

My second purchase needs a ton of rehab work and the funny thing is I have absolutely zero experience.

Does anyone have recommendations on a good person or preferably company that repatches or replaces hardwood?

I have a decent spread to work with but I am partnered with someone who is extremely frugal. 

What can I expect to spend on a replacement of new hardwood for a Main Floor of this house about 800 sq ft?

Are there any wholesalers here from Atlanta? I am new to investing and just purchased my first home from the foreclosure for 134k(FMLS value is 157k). I am interested in purchasing another property but at a bargain price like my first home. 

Could someone explain to me what exactly wholesalers do and if theres anyone in the Atlanta area I'd be interested learning more if anyone was willing to share.