All Forum Posts by: Todd Brown

@Mike Schorah

David Green is going to be great. Brandon is a wealth of knowledge and one of the OGs but David is a great host and will be entertaining and informative. I'm actually excited to see what changes and how things go. Hopefully Brandon stops by to stay hi on occasion still.

Closed on this properties last Friday. They got me good... I had been told that plumbing issues had been fixed. Looked like the drains had been replaced. While working on the property I flushed an upstairs toilet and noticed the downstairs restroom drains gurgle. The downstairs doesn't drain well ... after looking into things found only the upstairs shower is properly vented. I didn't budget to replace plumbing on this house. Has anyone experienced venting issues like this and is It advised to use oneway/auto vent fittings or do I need to have things completly repiped. Any help is appreciated. I had a couple posts about this property. I'm brand new and trying to figure things out as I go. Check those posts out if your interested... I'm just hoping that I'm not in over my head.

I'm going today after work to try to remove the ugly wainscoting like @Colleen F. Suggested and I think I will most likely go with LVP. Thanks for all the recommendations. 

@Colleen F.

The kitchen and living room are tied together. The cabinets in the kitchen are oak. And they had some ugly pine wainscoting around the living room into the stairway. I think I may paint the wainscoting to match the trim and windows which are currently white(it will all be painted over) The flooring in the kitchen I hope to leave for now. It's a sheet linoleum which I'm not crazy about but I don't want to go overkill on rehab cost. My main concern with lvp floor right now it the hallway off the kitchen may be hard to match up and it goes up the stairs into the Hallway for the second floor. I'm afraid that having a different floor in the living room might not match well... maybe I'm being too picky. I'm hoping these decisions will get easier the more I make them. I will try to post a couple pictures... just don't mind the mess, it's definitely a work in progress.

I closed on my first two houses yesterday. I got the locks change and started working on the first house today. Started with some of the obvious repairs, Kitchen faucet, fixed a interior door and patched some drywall. Once ready I will be painting throughout and doing living room and bed room floors. Any advice on what materials for flooring. Since it's living room and bed rooms I'm considering carpet... plus it's fast and cheaper. I also was wondering what paints you use(brands, colors)? Any advice is appreciated!

I closed on my first two houses yesterday. I got the locks change and started working on the first house today. Started with some of the obvious repairs, Kitchen faucet, fixed a interior door and patched some drywall. Once ready I will be painting throughout and doing living room and bed room floors. Any advice on what materials for flooring. Since it's living room and bed rooms I'm considering carpet... plus it's fast and cheaper. I also was wondering what paints you use(brands, colors)? Any advice is appreciated!

@Tailer Chase

I just closed on my first property about two hours ago! I Had to go with a Portfolio loan do to the nature of the property. 2 houses on one lot. The down payment was 15%. 20 year loan at 4.99%. As far as I can tell right now...

Cons-The Portfolio loan isn't the cheapest option regarding interest and length of terms. You have to find a small local bank to get one. The rate will be adjusted up to three times over the life of the loan Which could potentially cost me more per month down the road.

Pros- On a property that won't qualify for traditional financing it can still help get the deal done. Also, most traditional lenders were requiring 20% down to the Portfolio loan actually cost me less up front.