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29 October 2024 | 11 replies
Besides everything mentioned above, the finishes can have an impact on pricing:Granite countertops, flooring type, who new everything is, etc.
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30 October 2024 | 16 replies
It’s a small single family three bedroom one bathroom unit, I bought it for cheap and plan on renting on the higher scale by making minor improvements such as flooring, fresh paints and of course new kitchen and bathroom
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29 October 2024 | 11 replies
To have a successful brrrr requires more than paint and flooring.- I have not done a brrrr since the rates increased in early 2022 because in my market they bleed cash after I perform a refi to extract some of the value add
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27 October 2024 | 3 replies
I have some cleaning and repairs that need to be done in the empty unit along with the common area.
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29 October 2024 | 33 replies
It's been a struggle.I'm definitely not giving up on real estate investing and just need to clean house for a better result.
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26 October 2024 | 7 replies
Most loan packages include something you sign that says that you will cooperate with them to correct any technical errors like this and I believe it also includes the ability for them to sign for you if you don't but obviously they prefer to have clean paperwork where you have signed it.
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26 October 2024 | 3 replies
Now, that said, if you can add a bedroom within the existing floor plan or a basement bathroom those are usually very good for higher ARV, rents and refi.
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28 October 2024 | 8 replies
Cash flow will be around 1200.00 before maintenance set-asides.Items of concern are getting to an ARV for appeal due to minor repairs, clean-up, and available cash required to acquire a new place to live. 1.
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28 October 2024 | 14 replies
Suited homes are about $450+K looking at some PM companies, you'd get about $2K in rent for the main floor and $1.2K for the basement.I also have places in BC.
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24 October 2024 | 1 reply
Site cleaning is consistently understated in rehab construction budgets.