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10 October 2024 | 16 replies
Options1) I have some cash buyers who are ready to acquire the property under the as-is condition2) Make basic updates to pass U&O, rent it for two years, and refinance it after to take out my investment and profit. 3) Make an update to get the maximum value from the property (Bought at $126K, as-is value $165K, and updated value $265K)The challenge that I am facing is to make the title clean faster without waiting two years so that I can take my investment out and put it into the next foreclosures.
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16 October 2024 | 7 replies
I will be managing all booking, renovation, and maintenance operations of the STR (besides mandatory front desk operations, and cleaning - required to be run by the Hotel).
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14 October 2024 | 6 replies
Light framing, drywall, flooring, bathrooms and kitchens.
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15 October 2024 | 8 replies
Our vendors give us better pricing when we say "We have 40 homes that we need flooring for" rather then 1 home.
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15 October 2024 | 6 replies
If you mount the new beam below the ceiling $1500 material labor...if you put it up into the floor joists above $2500-3000 (meaning so you can't see the new beam once the ceiling on the drywall is repaired) Figure another $65-70 per sheet of drywall needed for repairs.
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8 October 2024 | 14 replies
When starting we relied 100% on B2B cleaning vendors.
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17 October 2024 | 14 replies
I just drove the beaches (Pinellas) and while they are a mess still there are hundreds if not thousands of workers cleaning up.
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19 October 2024 | 15 replies
It will also have large open spaces on the first floor that can seat between 50 and 80 people for corporate events and retreats.
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8 October 2024 | 2 replies
We hired a contractor to renovate our basement, and they just "finished" self-leveling the concrete floor and framing.
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17 October 2024 | 20 replies
To invest, choose A/B class neighborhoods, target properties within 15-20 minutes of major hospitals, budget for professional cleaning, and consider financing loans or lines of credit.Good luck!