All Forum Posts by: Mike B.

As noted above.. great advice thus far. 

Also start listening to BP podcasts on this topic so you're well versed. 

Would check out affordable but up and coming areas like WEST PASSYUNK (full disclosure: I love investing in this area currently)

Creative Comfort Solutions. I’ve used them multiple times. Great pricing, small personable company that can do small and large jobs. I only work with them now (did 4 Properties with them personally and have had 2 friends use them and loved them).

Rao Mu - I shop around everywhere for the best deals. Some stuff online.. big items I just got to Home Depot or local supply store. It all depends

@Ken Klingler, sound advice from @David Veeder and @Account Closed note above.. very simple and to the point.. and accurate! 

For this exact reason (I'm doing REI on a small scale - and discussed with a real estate attorney), I went for the larger insurance coverage packages on my homes and a large umbrella policy (vs. LLC route). If/when I get more homes and my net worth increases, then I would start the LLC and buy/place properties under the LLC. But for now, having great insurance and an umbrella coverage is good enough.

Call Spring Garden Lending. Very easy to work with

This goes without saying, but make sure the home or rental is all high-end finishes, everything is completely done brand new move-in ready with no issues. Light and bright, modern finishes are very appealing. List via Zillow which post to HotPads etc. research comps in the area to ensure you can get that price

Sudheer Bobba the costs you listed seem average to me in my experience. Unfortunately, it’s the price of doing business

THanks @Hanif Ahmad - I only have some subs; I do a lot of the work myseld or with my father in law (retired contractor), so I don't really have any 'full service' people

I haven't ran into this issue before, but if asphalt is the cheapest..go that route. Also consider paying the contractor all cash for a discount 

Well we are 99% done (have to finish closet organizers) but here's the final pictures! Reno costs ran about $35K (I do a lot of labor on my own and with a family member) thus the low cost of this.  And it's rented out! Tenants moved in today.  Enjoy the pix!