All Forum Posts by: Account Closed

Very nice, Jake Kucheck! Congrats

Ibrahim S getting rental listing of the last 4 months is a great idea. I actually just got my broker's license in Jan. - clearly I am not using it yet :)

I finally joined an MLS on Friday, and a quick map search in it gave me more than enough data to realize I'd certainly have a competitive advantage in my complex going with stainless steel.

Thank you all for the feedback. It has greatly helped in my decision to go with SS.

Russ Walk -
Great post. Great job!

Hi all -

I know variations of this question have been asked, but I mostly see it in relation to flips. Does an extra $100.00 per month in rent sound realistic for using stainless steel over white kitchen appliances, all other things equal?

I am in the middle of a kitchen remodel on soon to be rental condo - 2/2 1025 sqf - in Encino CA. The area is conducive to a somewhat quality tenant, with rents ranging from 1400.00 to 1650.00 in this complex for similar units. The handy man doing the rehab - he manages 28 units in Glendale - says I should be able to get an extra $100.00 per month in rent if I have a stainless steel stove, hood, and dishwasher installed instead of white.

There might be some deal breakers for super high quality tenants already, like this being an apt conversion, with coin laundry machines located in the common area.

The kitchen rehab also includes granite counter tops, tile flooring, and sanding/putting a semi-gloss refinish on the cabinets with new hardware and hinges. With white appliances my total outlay for the entire kitchen remodel is around $2400.00, with stainless steel $3200.00.

In addition, a better question is what approach would you take to analyze this situation?

I am having trouble seeing California going down the tubes. We're huge in tech: Both Silicon Vally and now Silicon Beach (Love Santa Monica and Culver City). If you do what I do (web and software dev) the unemployment rate is less than 2% here. We have the movie industry, agriculture, and have incrediblely desireable geography.

We've experienced a "net migration out" in the past. It was still overcrowded and smoggy when that happened in the 90s. Now it's just still overcrowded, the air is cleaner :)

What a great event. I left with tons of motivation, inspiration and knowledge. The presentations were great. Yet just hanging out with everyone; the lunches, the lobby, the dinners, the bars, listening and participating in conversations with such a high qualily group...Surely it will have a lasting impact on me.

Thanks Josh, and everyone who made it. You did an incredible job and it was more than worth the investment to fly over. I got home today with little sleep, yet I am pumped. It feels like New Years day with new resolutions.

I received the list, too. Thank you for compiing and sending it Greg.

See you all this weekend.

That was funny.
Happy B-Day, Will!

Good point Will. Likewise, the reason people NEED to stock up on precious metals NOW is not because I have been long a few years and wish to exit soon; the reason people NEED to invest heavily in PMs now is that the whole world is going collapse any SECOND!