To start, the numbers:3 bedroom, 1.5 bath 1700 sq foot brick SFH with bonus room.Purchase Price: $59kAppraisal: $105k as is with estimated $124k after rehab.Renovation budget: $20k.Renovations include: new flooring in bonus room, kitchen and baths. total renovation of bathrooms, new cabinets, crown molding (to cover bad drywall job by previous owner), buff hard woods, paint exterior, paint interior, remove awning, remove side door and seal up, fix low spot in kitchen floor, and remove the non-permitted fire place.Estimated Rent: Initially I budgeted $950 per month based on another rental I own in a similar location, but  two houses on the same block were recently rented for $1200+.

I've been investing full-time since 2005.I highly recommend you attend the Charlotte Deal Maker Session meetings which meet the first Thursday of every month at 5pm at the Crowne Plaza Executive Park.

I used my new texture sprayer and crown molding)I wish I had used the big wooden baseboards I used in House #3 bought from a home supply company instead of the smaller plastic ones I bought from Home Depot for the other two.I go into my older 2 houses and want to kick the tenants and contents out for a month so I can modify the houses to match the look and feel I have come to learn.

Just want to get a feel for people’s thought processes and what to expect for this area.I’ll also be looking for a contractor to do a few other upgrades (new counters, kitchen island install, possibly crown molding, possibly new floors) shortly after the bathroom install.Best,Rhett 

I recently had to replace some water damaged ones, and having struggled with this stuff in the past to do a decent repair job because of the blind tongue & groove nature of it, went to Harbor Freight and bought a 1/4" air crown stapler for $20.

Great Lakes REIA - Cleveland General Membership Meeting Thursday, Apr 19, 2018 at 6:00 PM EST Crowne Plaza Cleveland South - IndependenceThanks!

Just did a white Shaker kitchen, with a dark grey island, 36" uppers, light rail, crown, two fridge panels, soft close doors and drawers and paid just under $3400.

(Don't quote me, but maybe 4 months principle, interest, taxes, insurance) If you need a good recommendation, @Kit Crowne hosts our monthly meet up in Manchester, he's a great guy to bounce mortgage ideas off of. 

I have a duplex in Crown Point.

Upper main roof first half replaced 8 years ago, second half replaced last year, and lower roof was replaced last month.4 Separate Crown Aruba Gas Boilers, regularly serviced and approximately 20 years old. 4 Separate Gas hot water heater (ages vary)Washer Dryer hookups available in basement for coin laundry for additional incomeExterior painted two years agoShingle sidingProperty just passed state inspectionReplacement energy efficient windowsPurchase Price: $210kAppraised Value: $285kProperty Type: Quadplex/Turnkey tenants in placeArea: BUnits: 1-3BR, 3-1BRRental Income: $3365 Per Month / $40,380 per year (rents can be raised 5% upon lease renewals)Utilities: Separately metered, each tenant pays their own gas and electricHouse Utilities: Common area utilities are about $20.00 per monthWater/Sewer: Landlord pays $1500 per yearProperty Taxes: $7855 per yearInsurance: $2500 per yearLandscaping/Snow removal: $1221.00Vacancy: ???