All Forum Posts by: Katherine Walker

Not many 3/1s. 2/1s sell without issue, but there aren't many.

We're starting on our first actual flip soon. We have experience in renovating multifamily properties and SFH rentals. Home is a 1000 sq ft 50s brick ranch on a slab, with single car carport. We'd like to add a second bathroom. The layout of the home doesn't allow for existing bathroom to turn into a master bath (adjacent bedrooms are smaller than the largest bedroom), so we'd essentially be taking a portion of the carport for a laundry room/bathroom/and possible small mudroom. I'm worried about this being valuable as it isn't near the bedrooms, but does at least provide a second bathroom. Thoughts?

Thanks for the insight. It’s really helpful. Still have a ton of learning, we’re less than a year in on our 8 unit purchase. 

First time poster, but I regularly listen to the podcast. 

Last week, I hired a reputable AC company to check on an outside AC unit that was cutting off repeatedly. Capacitor was bad and I authorized replacement. This week, the same unit wouldn’t turn on. Technician had tenant call me to tell me electrician would be needed as the unit wasn’t getting power but the breaker was fine - problem was somewhere in between. I then received a call from the tenant that the technician said to wait, he thinks he found a problem in attic. As it was the end of the day, I thought nothing of not getting a return call - figured it was something simple. 

Called the company office this AM and was told that a breaker was replaced in attic and then the condenser motor was replaced. I almost fell over when I asked the price and she stated it was $800+. I gave zero authorization for this and would not have proceeded without a second quote. I’ve been waiting on a response from the owner. 

Just received an email with invoice that says they gave me the discount as though I’m a vip customer - a $200ish discount, and that the owner will discuss with the employee. What recourse do I have on this? A $600 bill still seems very unreasonable for work I didn’t authorize.