All Forum Posts by: Richelle T.

I agree with the previous posters. I'm only able to make money (just now meeting 1% rule) in Austin proper after rent increases over time. I bought in 2009 and I haven't found anything close to 1% rule in Austin that not a scary falling over slum in recent years. You may also want to consider some of the lower end sections of Round Rock. A really beat up REO there would meet 1% or better. I doubt you'd have a shot at 2% until you went further out like everyone else said.

Mike Alder what a great idea. I love it!

Tracey Marzich has great contacts

@Gerald David thanks for the tip!

@Account Closed  I was thinking about the Armstrong VCT. I'm afraid that the house will look like a shopping center instead of a home. It's pretty rock solid flooring  hence my attraction to it. 

Thank you everyone for the feedback! I will check out the Allure Ultra and Lumbar Liquidator products.

Eddie T. The home is in a nice, low income working class neighborhood. This is far from the lowest of the low. Rents will be $650-750. There is currently very old, worn and torn 1970s burgundy vinyl in the home's kitchen, hall and laundry. Carpet in the bedrooms. I have a friend from my local REIA who owns a home on the next street. His advice was to extend the transition piece to cover the tear and leave it as is. I would like to update it from the burgundy and navy mishmash there now. I don't want to over improve though HUD fair market rent for 3 bedroom in the county is $1000

Eddie T. The home is in a nice, low income working class neighborhood. This is far from the lowest of the low. Rents will be $650-750. There is currently very old, worn and torn 1970s burgundy vinyl in the home's kitchen, hall and laundry. Carpet in the bedrooms. I have a friend from my local REIA who owns a home on the next street. His advice was to extend the transition piece to cover the tear and leave it as is. I would like to update it from the burgundy and navy mishmash there now. I don't want to over improve though

Hi all I'm about to rehab my next rental. It's lower income than the one I currently have. I want to make the floors as tenant proof as possible. Has anyone tried using industrial vinyl tile flooring? It actually looks quite nice and neutral. I was going to go with ceramic tile but more than one contractor and fellow landlord told me it was not worth the money. I am thinking that I will supply the new tenants with some inexpensive area rugs for the bedrooms and put this vinyl throughout the whole house. They can ruin the rugs, no problem, and the floors should hold up well to heavy wear and tear. Thoughts?

Bump

Try total title, Christina and her sister are awesome. Not sure about subject to but they probably do it.