All Forum Posts by: Philip Hy

I'm a newish I investor in Fort Worth, TX area looking for a project manager that offers and end-to-end renovation service. Does this type of service exist? I just spent an entire day working with individual contractors and picking up supplies, and this is getting harder to do with increasing job responsibilities and planning for a baby next year. Ideally I'd like to walk the property with a project manager and discuss what I want done. I'd come back in a week or two, the rehab would be done and I'd write a check, and I can market the property for rent (not flip). All suggestions and tips welcome, love this community!

I have a rental property in DFW area that is having foundation settling issues (no surprise considering the region). One side is down 3 inches. Ramjack quote me $10,000+ for 12 piers ($830 a pier)! Ramjack seems like an industry leader, but plenty of companies quoting $300 a pier. Am I getting something less with the cheaper companies? Has anyone tried expandable foam jacking? Seems like a very attractive alternative and a fraction of the price. Desperately need advice, please don't fail me dear Forum! Recommendations for companies are welcome!

Cynthia Smith William Vining I'd like to learn more about buying from wholesalers. Would you mind adding me to your list as well?

Anthony Aguillard I wanted to follow up with you about your experience working with some new contractors. Thanks for sharing!

Ryan Martin I also invest in the Fort Worth/Watauga area. I know this thread is a bit old, but wondering if you ever tried that Clayton contracting and if they're someone you'd recommend. Thanks!

Milan Blooms I would love to know your specific grey recommendation. Are you worried it might seem gloomy? Or perhaps not as trendy in a few years? Also, any guesses on what laminate plus labor might cost for a kitchen this size? Do you ever use Quartz? Thanks again

Thanks! May I ask why you suggest granite? I'd be worried it'd be hard to get the investment back. I've always been told granite requires maintenance, so my concern is that careless tenants damage it. I was thinking a nice looking laminate or Quartz.

I would also recommend north Fort Worth and Watauga. I just bought a property and it leased quickly via Postlet. Just make sure you buy in locations with easy access to highways. People want to have access to Fort Worth without paying Fort Worth prices.

Hi all, this is my first posting in Deal Analysis....please be gentle. I would love your opinion on 1.) would you renovate? 2.) What would you renovate? 3.) guesstimate on renovation cost

Location: Far north Fort Worth, Texas. Literally across from the street from a decent middle school, half mile from a high school. 

Property: 3 bd, 1.5 bath, 2 car garage, 1,400 sf, built 1987, 2-story

Value: Bought for $125k. Was listed for $130k; Zestimate is $127k. Nearby rents for comparable properties 1,100 -1,400k. I'd like to list for 1,350k. I have another property not far from here that rents for 1,350. Cash flow about $450/mn.

Renovation? Pictures look better than it actually is. In person you can tell everything has had several layers of paint so that it has a built-up "gummy" look. Kitchen has white laminate in okay condition, kitchen and bathrooms have wallpaper in bad condition, one bathroom has slightly rusted light fixtures, the grey wall paint is either gloomy or chic (you choose), backyard has patches from the dog, master bedroom has a weird wood inset, garage has a big dent in the dry wall where someone's car hit it, 

Where would you invest to make it feel more clean and modern? I like having things "done right", but if I put in too much at once, my returns take a hit. Budget: about $5,000.

Philip

PS. Sorry for the long post. Also let me know if there is any honest and skilled contractor in DFW area!