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22 May 2024 | 15 replies
Not pictures for me to tell, but a light cosmetic rehab should run you at least $30k.
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21 May 2024 | 12 replies
The utilities can't legally give you that information.Drive by the property and see if the lights are on.
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21 May 2024 | 1 reply
Look how beautiful the butcher block looks in this gorgeous kitchen.Change out light fixturesFind trendy statement pendants to instantly change the look of your kitchen without breaking the bank.
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21 May 2024 | 2 replies
But owning managing and leasing commercial space should not be taken lightly and you should get as big a picture as you can.
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21 May 2024 | 1 reply
They value properties equipped with smart home features, such as automated lighting, thermostats, security systems, and voice-controlled assistants.
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21 May 2024 | 9 replies
I am looking for a a SFH ranging from 100k-250k in need of light to moderate repairs.
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20 May 2024 | 1 reply
Both properties fall into Class B- category and has no HOA and no rental restrictions.Here are the details for each property:Property 1:3 Bed, 2 Bath (1020 sq ft)Purchase Price: $250,000Moderate rehab needed (Kitchen, floor, bathroom sink vanity, light & fan fixtures, interior paint)Rehab Cost: $30,000After Repair Value (ARV): $295,000Down Payment: 20% (Out of Pocket: $50,000 + $30,000 (rehab) = $80,000)Projected Rental Income Post-renovation: $2100/monthProperty 2:2 Bed, 2.5 Bath (1168 sq ft)Purchase Price: $230,000Moderate rehab needed (Kitchen, floor, bathroom sink vanity, light & fan fixtures, interior paint)Rehab Cost: $30,000After Repair Value (ARV): $295,000Down Payment: 20% (Out of Pocket: $46,000 + $30,000 (rehab) = $76,000)Projected Rental Income Post-renovation: $1900/monthThe location is moderate, with amenities like shops, restaurants, a mall, and a baseball stadium within a 5-mile radius.Considering buying both as they are in the same building, the total cost and income overview would be:Total Price for Both Properties: $478,000Down Payment & Closing: $96,000 + $10,000 = $106,000Total Renovations: $60,000Total Price (Including Renovations): $478,000 + $60,000 = $538,000Total Out of Pocket: $166,000Projected Gross Rent Monthly: $4000The rate of interest for the mortgage is 7.5%.I am currently evaluating: A) The break-even point for two townhomes considering a cash investment of close to 32%.
20 May 2024 | 6 replies
Some electrical is involved to add light to bedroom and some work to add air register.
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20 May 2024 | 18 replies
We were just discussing on another post how one of the newer trends is to have dark base cabinets and white or light uppers along with a light countertop.
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20 May 2024 | 2 replies
There's a lot to this and it shouldn't be taken lightly, especially with friends or family.