Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Andrew Katz

Andrew Katz has started 6 posts and replied 22 times.

Post: Rental Consultant for First Property

Andrew KatzPosted
  • Rental Property Investor
  • Chicago, IL
  • Posts 22
  • Votes 15
Originally posted by @Rebecca Knox:

Did you get an inspection done? You need the GFCI outlets on exterior, bathrooms, laundry area and kitchen. I always say if it's possible to refinish and sand, do that. What neighborhood is the property located in? I may be able to connect you with someone investing in that area that could help you. 

I had an inspection done, and it did call out electrical work, but I didn't see the 2 pronged outlets until I moved in.

This is located in the Tenney-Lapham neighborhood in Madison.

Post: Rental Consultant for First Property

Andrew KatzPosted
  • Rental Property Investor
  • Chicago, IL
  • Posts 22
  • Votes 15

I just purchased my first property (Owner occupied duplex). I'm living here for the next 1.5-2 years, and then I will either rent it our or sell it (depending on the market). I'd like to make updates to my unit while I live here, but I want to make sure that the updates aren't too fancy for the neighborhood or won't decrease the home value. When I think about possible updates, I'm not sure what direction I should go. Examples:

  • Worn hardwood floors: Do I sand and refinish or replace with wood laminate?
    Washer/Dryer: Currently they in reside in basement and shared with upstairs unit. I need to go outside to the basement which is a pain in Wisconsin winter. Do I add a W/D to each unit?
    2 Prong outlets: Do I keep as is? Or convert them to 3 prong outlets?
  • Sliding French Doors: There non-working french doors 

Question: Are there people I can hire to consultant and walk through my unit for an hour and give me advice? What are these professionals called?