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7 April 2018 | 12 replies
If you are a landlord, avoid carpeting except bedrooms.
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2 April 2018 | 0 replies
Would the condo or the owner be responsible for removing damaged furniture, wet carpet, etc...
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6 April 2018 | 6 replies
It's about 50% remodeled already and the rest of the work is just carpet and paint mostly.
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5 April 2018 | 1 reply
It has a newer roof and heat pump; with some new paint, carpet in some bedrooms and a little landscaping this place should easily bring between $240,000 and $250,000.
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7 April 2018 | 8 replies
.- Ripped up carpets and re-finished the hardwood- Fresh coat of paint- Laminate flooring in the bathroom- Stick on splash for the kitchen sink area- Few other minor repairs- Brand new stainless steel oven (all other appliances stayed the same)After all of this was finished up for about $5,000-$6,000 I was able to rent the unit out for just above market average in my area.
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8 May 2018 | 29 replies
Built on top of existing back porch.Exposed wiring in the attic that lead to non GFI outlets in the soffit.Outside had not been painted in over 15 yearsWhat was done: Trash-out and DemoTear down Sun room and repaired porchProperly repaired electrical in atticPainted inside and outside of house.Painted roof (yes, you can do that)Replaced floors with new laminate and carpet throughout the houseReplaced old almond color switches, outlets and covers with new white onesNew lights and fans throughout the houseCompletely redone bathrooms with new tile, vanities, mirrors, lights.
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23 October 2018 | 8 replies
It's a great start that you have all the receipts and excel list, but you need to have a professional take a look if you want something that would be defensible to the IRS.To answer your questions: windows are generally considered structural so they'll be 27.5 year (unless they're a part of a 5 or 15 year asset - rare but possible), the floors depend on what they are and how they're installed, carpet and laminate are generally 5 year, solid hardwood and ceramic tile are generally 27.5 year, the deck could be 15 year or 27.5 year depending on how it was installed.If you'd like to have an in depth discussion on this and see some numbers PM me.
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8 April 2018 | 0 replies
And keep in mind I’m going to rehab It in about 6 months so it doesn’t make sense to do a ton of improvements such as replacing the carpet (which needs to be done).
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9 April 2018 | 0 replies
“REHAB”Even if you find beautiful hardwood floors under nasty carpet, keep in mind your focus is ‘tenant proofing.’
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27 April 2022 | 6 replies
Generally they're buying low, painting, maybe replacing a room of carpet & re-listing 15-30k more.