Mike Daniels
Carlsbad Flip Property
7 January 2025 | 0 replies
We were shocked at the cost of goods, lumber, cabinets, paint, plumbing.
Donyea Jenkins
DSCR Loan Question
29 January 2025 | 13 replies
If there is minor rehab (such as painting and cosmetic improvements) you can still close on a DSCR loan, however it may affect your appraised value, which could also affect your market rent if its a vacant property.
Jorge Abreu
📉Lowering Expenses and Increasing Efficiency
28 December 2024 | 1 reply
A strong online presence and fresh marketing are how you dominate the market.
Joy Daniels
What Marketing Strategies Have Helped You Increase Occupancy Rates for Your STRs?
25 January 2025 | 8 replies
I've even started to proactively schedule September for painting, etc., also hurricane season.
Eric Maxwell
1st time landlord
9 January 2025 | 1 reply
I updated the electrical, painted everything, and “cleaned the property up nicely” exterior and interior.
Bart Tilly
Experience With Construction Agreements?
7 January 2025 | 3 replies
Each of the 5 warehouses on this campus will require updates (construction of offices/bathrooms, roof repairs, paint, siding repairs, new penetrations for doors, updates to electrical, insulation, and extension of water and sewer).
Gregory Schwartz
"Am I experienced enough to raise outside capital?"
29 January 2025 | 32 replies
It paints the picture of a successful investor who's only constraint is access to capital.
Jane S.
Has anyone heard of a company called NOMAD
13 January 2025 | 8 replies
They offer a $10K repair fund to fix damages in addition to SD plus warranty for appliance repair etc.I have no say in whom they choose to move in, whether there are animals, limit on # of occupants etc. they reserve right to inspect property so i have no idea if they can tell me to remodel, paint etc.does this make sense i have a vacancy coming up in October (bad rental timing).
Kenneth Jenkins
Maintenance Expectations in Metro Detroit
3 January 2025 | 6 replies
Licensed with permits ~$3,250.HWT standard gas single family low efficiency without exhaust retrofit $900.Sand and stain hardwood floors, natural stain $3 per sf.Paint interior walls, ceiling trim and doors 3 tone paint scheme 2 coats $3.20 per sf (floor area cost includes paint)Click lock LVT flooring install overlay inclusive of prep and quarter round $4.50 per sf (materials and labor)Asphalt roof installation 3/1 - 800 sf bungalow with 2 layers of shingles - ~$7,900Standard porch cap replacement with 2 new precast concrete steps ~$2,500Used stove or refrigerator delivery and install $350New stove or refrigerator delivery and install $HD model specificUse this as a general guideline.