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All Forum Posts by: Orlando Kell

Orlando Kell has started 5 posts and replied 17 times.

Post: What's right coverage for a $50k SFH rental?

Orlando KellPosted
  • Cibolo, TX
  • Posts 17
  • Votes 3
John Mocker thank you for the response. I'm closing tomorrow and I'll have contractors doing all the work.

Post: What's right coverage for a $50k SFH rental?

Orlando KellPosted
  • Cibolo, TX
  • Posts 17
  • Votes 3
Just purchased a SFH rental. 1969 home. Vacant. Needs about $15k of rehab work. Class C property. Contacted REI Guard and they're quoting me a basic package for $60 bucks per month excluding theft, water damage and flood protection. Is it worth it to get an upgraded package that extends to all coverable items with a much higher premium?

Post: What is proper order of rehab work?

Orlando KellPosted
  • Cibolo, TX
  • Posts 17
  • Votes 3
Kuba F. I'll be contracting all the work out myself

Post: What is proper order of rehab work?

Orlando KellPosted
  • Cibolo, TX
  • Posts 17
  • Votes 3
Brenda B. You are so right! I did a cash purchase as I'm hoping to do a BRRRR on it so fortunately I don't have the stress of an impending flip (and high interest HM loan) on the line. Gotta start somewhere right? Good luck to you!
Rick Pozos thanks so much! Will contact him Monday and let him know he was highly recommended.

Post: What is proper order of rehab work?

Orlando KellPosted
  • Cibolo, TX
  • Posts 17
  • Votes 3
Dell Schlabach what a great link thanks so much!

Post: What is proper order of rehab work?

Orlando KellPosted
  • Cibolo, TX
  • Posts 17
  • Votes 3
Bob Okenwa id greatly appreciate that PDF!! TIA!!

Post: What is proper order of rehab work?

Orlando KellPosted
  • Cibolo, TX
  • Posts 17
  • Votes 3
Thank you all for the kind words and constructive input!!!

Post: What is proper order of rehab work?

Orlando KellPosted
  • Cibolo, TX
  • Posts 17
  • Votes 3
Just purchased my first SFH rental off-market. Needs extensive work but don't know true extent. I do know it needs P/B foundation repair, new tile, and plumbing updates. My question: is there a general order of doing rehab? For e.g., should foundation work be done before addressing anything else? Or should electrical and plumbing be addressed first? TIA!!!
I've had a few quotes but looking for safe/reputable guy/company that's reasonable. Thanks in advance!