Clean it up, put on a fresh coat of paint, and list it on the MLS to attract tons of buyers, including retail buyers!

The simplicity of the “I’ll take the number 5, with extra insulation and interior paint on the side” approach was appealing.

Purchase price: $150,000Cosmetic work needed on 2 of the 4 units (paint, recaulking around tub, cleaning) Already have materials from my other investment’s project. 

You get ripped off. 

  $2,500 for an updated place / fresh paint & finishes.The house is not updated, and could use paint, etc. so I am reluctant to adjust too high too quickly. 

At the same time, the adjacent house became vacant for the first time in seven years, and it needed new paint and flooring.

One turned over in less than a day, I got keys in the morning and new tenant got keys at 6pm after some cleaning and touch-up paint.

New metal roof, painted the interior and exterior, sanded and painted the kitchen cabinets, and installed a new furnace.

Investment Info:Single-family residence buy & hold investment in North Little Rock. 2021: new metal roof, painted the interior and exterior, sanded and painted the kitchen cabinets, and installed a new furnace.2024: New new vinyl plank flooring and carpet were installed throughout the home, all of the electrical outlets were replaced, and the A/C condenser and compressor were replaced.This property is currently listed for sale!

@Johnna Dean how do you know the responders are:1) Qualified to answer2) Aren't trying to rip you off?