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14 February 2025 | 1 reply
We rented the 2/1 side for $1300/mn and thought we could finish the addition of the bath and closet but got so busy with my construction business I still have not completed the work.
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4 February 2025 | 4 replies
Here in Chicago, you should expect a range from $200-$275/SF, depending on the location, experience, labor, and material finish level.Are you in a position where you already own some land, or what is your current situation?
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17 February 2025 | 9 replies
Our first one took about 3 years to fully finish out.
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11 February 2025 | 1 reply
Assets identified in this study include:Appliances: Dishwasher, microwave, oven, refrigerator, garbage disposals, rangesInterior Finishes: countertops, ceiling vans, vinyl plank flooringFurniture and Fixtures: shelving, built in cabinetry and decorative light fixtures, blinds, shuttersSpecialized Equipment: Electrical systems and specialized wiring, television connectionsSecurity and Communication Systems: alarm clock outlets4.92% of the total depreciable basis was classified as 15-year class life.
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13 February 2025 | 5 replies
Is it finished yet?
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26 February 2025 | 23 replies
Quote from @Kristin Vegas: @Nathan Gesner thanks for taking the time to respond, i do have a question: i own 2 homes and one of them now is vacant, the tenant moved out and march will be 3 months of vacancy. the tenant moved out december 31 and the management handy man finished the respair almost the end of January. nothing major just paint the wall and some carpert cleaning. so far i received 2 applications but it was denied because they didn't feet the criteria, because these applications the management guy which is the owner of his company as well said that there were more applicants but he didn't even bother to send it to me because those applicants had bad criminal records. last week he said there was. more applications and he was going to check it but i haven't had any responses from it. today i called him to ask qbout those applications and he sounded a bit upset and said that he was gonna check it today, same thing he told me last week, i also asked his helper and she said that he was the one encharged of my rental. everytime i call him he sound busy. he seems to be all over the place and sometimes i think that he is just not taking the time with my property. also last week i told him that if he could pls change the description of my property online and to add that i accept section 8 tenants and he said ok but still hasn't happen because i check the description and is still the same as it was, i'm new in this and any tip i will appreciate it 🙏 What is the market like where the rental is?
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12 February 2025 | 17 replies
Best Value adds are:Updated kitchen, updated bathrooms, cosmetic remodels.Additional bathrooms - finished basement spaces, in unit washer dryer, central air, additions/alterations.All of those are useless though if your roof is 30 years old, your mechanicals are from pre 1950's, and your home is in dire need to be renovated "behind the walls"Otherwise the above will increase your value but you will be left with Lipstick on a Pig
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22 February 2025 | 16 replies
Be prepared to match the finishes you see to obtain similar prices/values.
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5 February 2025 | 18 replies
I submitted an application etc but I am going to finish the rehab to get better terms before resubmitting.The back story is that I am about 90% done rehabbing a home for a rental.
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1 February 2025 | 5 replies
You can finish it and consider it sq footage, but may not be able to adverise as bedrooms.