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28 October 2024 | 8 replies
I believe my home can benefit from minor renovations in the basement bathroom, new laundry appliances, painting, and replacing railings on the home's exterior. 2.
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31 October 2024 | 17 replies
It's not a common thing that people go through when a tornado hits your house unexpectantly and having to do a total renovation.
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24 October 2024 | 10 replies
If we could prove out income I know getting money for the renovation with the property as security would be no issue, any suggestions?
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24 October 2024 | 1 reply
A broker sent me the deal and we were able to agree to a price with seller financing and lock the deal up early enough and negotiated terms and renovation credits from there.
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28 October 2024 | 12 replies
Here is what I do know so far.Property is a Triplex with 2 units currently rented ou CMHA. 3rd Unit Vacant, renovated and rent ready.
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28 October 2024 | 24 replies
Hey so I just closed on a property in Polk County FL my mortgage is $1535 average rent in the area is $1500–1800 I have a freshly renovated house with 3b 2 ba 966 sqft I listed it on the higher side since it’s remodeled for $2100 I only had one person reach out to me and they were telling me the price is to high and I have not had any applicants I just paid for advertising on Zillow today and I posted the property yesterday I cover water and the property comes with washer and dryer hooks, loose pet policy and there is a laundry mat directly behind it.
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31 October 2024 | 29 replies
I would say the only people that could sell their property for market value or higher are people that have cookie cutter homes (ie Condos, town homes or homes in HOA communities and where homes are renovated).
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24 October 2024 | 7 replies
This was a full gut renovation, about 70k rehab.
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27 October 2024 | 15 replies
@Abel Eskinder since you're out of the country, you'll probably want to give some thought to our copy & paste info below:-------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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25 October 2024 | 1 reply
Purchase price: $840,000 Cash invested: $285,000 Sale price: $1,200,000Full renovation of all 4 units.