All Forum Posts by: Jeff Libby

it's nothing specific. I am just trying to figure out if I put $10k into a kitchen would it bring the value of the house up more or less than $10k. I guess it is a case by case scenario though. 

If I buy a house that has an outdated kitchen and buy decent, but not expensive, cabinets and appliances I'll probably get a higher ROI than if I bought a house that already had a good kitchen but I want top of the line cabinets and appliances.

I think Kyle helped explain my question by stating those numbers are meant for home owners

ok so that being said, is it a bad idea from an investor's side to renovate if it place isn't going to be a rental?

I see websites that show the roi is less than 100% for renovations and don't understand why people renovate besides to live in a nicer house.  I would think theres a financial gain to be had but what I read says otherwise. Can someone explain this to me please?

An example is in this article here

 http://www.thisoldhouse.com/toh/m/article/0,,40804...

Thanks in advance for your help

Thanks Bryan. Do you have an attorney you recommend? I see you're nearby

Thanks for the info. I definitely blame myself for being lenient in the beginning. I created a monster!

I am reading about the eviction process and it says that if I get the sheriff to deliver papers then I can possibly get awarded monetary value of what they owe me as well as them moving out. But if I deliver the papers to them myself then I can't be awarded the money they owe me. Did I read that correctly?

I have some tenants who stopped paying rent on time a few months back and it has only been getting worse. They are not on a lease, and just go month to month, and two months ago I told them they had two months to find a new place to live. Here in CO I only needed to give a 7 day notice. Their time has come and they haven't even packed to leave. What should I do? Oh, they also didn't pay August's rent, saying they needed the money in order to move into a different place.

Adam, I decided to go with the new cabinets route because you're right, the previous cabinet setup wasn't optimal. In addition, they weren't real wood so there wasn't much I could do with them.

Thanks for the reply!

Ive tried to put everything on credit cards but theres always a few things that have service fees unfortunately. You got me really excited for a moment haha

Art, that's something I was wondering about. It makes sense to complete each task one at a time but I wasnt sure if this was actually the best way to do it