11 March 2024 | 4 replies
What's the market value once you're finished remodeling it?
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11 March 2024 | 6 replies
I wouldn't do it and I have remodeled dozens of them several dozens in fact.
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11 March 2024 | 9 replies
Lots of NJ sfh don't pencil out well as rentals.I would be concerned a bit about the remodeling plan.
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8 March 2024 | 4 replies
I am looking to put a new fence around a backyard but should I go with cedar for the long lasting durability or treated pine since it is more cost efficient? Any advice will be helpful thank you all.
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9 March 2024 | 5 replies
I am leaning towards remodeling since it would be my primary residence initially and perhaps I won’t get much return on my investment but maybe just sell it to family/friends instead… well, time to find a contractor!
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9 March 2024 | 10 replies
Background:The renovation journey has been comprehensive—refinished wood floors, new windows, central AC, and fully remodeled kitchens and bathrooms.
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9 March 2024 | 8 replies
They can consult for you and help tell you what you are allowed to do, or they can complete the entire remodel for you as well.
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9 March 2024 | 21 replies
Using $230k at 75% gives me a loan amount of $161k which should cover purchase and rehab costs for interior remodel.
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9 March 2024 | 17 replies
North of town, west of I-5: 95219 Brookside (high end gated communities; Mello Roos school taxes - so high taxes; Lincoln School District; some peat dirt problems on streets; don't know about foundations); Spanos Park West (some gated; lots of huge houses; basically built for commuters just west of I-5; Lodi School District) North of town, east of I-5: 95209 Spanos Park East, Colonial Heights (most Lodi Unified Schools; though small pocket of Lincoln Unified) North of town, east of I-5: 95207 Parkwoods and Lincoln Village (Lincoln Unified Schools; was considered best family area due to Lincoln Schools, but lots of flat tops and built since the 1950s so electrical can be kind of minimal - 1 outlet in kitchen instead of enough to use multiple appliances); lot of remodeling in this area.
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12 March 2024 | 168 replies
@Craig J Chelette it's hard but not impossible :) I just closed on a duplex in June for 300k (in Provo) , put 10% down with no PMI.mortgage, taxes and insurance $16073% vacancy (vacancy is almost nonexistent in Provo but I wanted to be conservative) $695% repairs (bought the home with everything remodeled) $1158% cap ex $184I did not include PM because I will be managing it myself BUT every property from here on out that I analyze will include 9% PM.$50 other expenses (google fiber)gross monthly rent $2300 (1400 up and 900 down)cash flow $274.39 with a CoC return of 9.27%My realtor found it on KSL - it wasn't even listed on the MLS.