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2 June 2024 | 18 replies
So probalby doesnt qualify for 2yrs out of 5yrs primary no capital gains tax rule.4) Want to sell it AS IS (im a licensed realtor so will take the 3%) not sure if any renovations are needed, maybe will touch up wall painting and tidy up backyard/add fence. 5) Should it be sold vacant or occupied?
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1 June 2024 | 5 replies
But 90% do and as stated our dry wall contractor is one the hook for those and our touch up paint year one is included in my contract with my painter.
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2 June 2024 | 112 replies
Word of advice, do not pay a contractor a penny upfront, you will 99% chance, be ripped off.
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31 May 2024 | 1 reply
Here was a breakdown of the work done: - Updated the kitchen- Updated (2) bathrooms- Took down / opened up walls to create an open floor concept - Added LVP flooring throughout- Added new paint and trim - Currently negotiating prices to update the roof What was the outcome?
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31 May 2024 | 6 replies
I'm exploring alternative financing options and would greatly appreciate insights or experiences in similar scenarios.Key Points:Property Location: Cahokia HeightsPurchase Price: $17,000Rental Income: Approximately $1,500/month via Section 8Condition of Property: Updated plumbing, roof is in good shape, needs AC unit, paint, flooring and cabinets and counter topI'm considering reaching out to private lenders but would like to gather opinions on:Feasibility of securing a mortgage for a low-cost property.Attractiveness of this deal to private lenders.Any creative financing strategies that could be applicable here.Legal and tax implications I should be aware of.Potential risks and how to mitigate them effectively.Any advice, suggestions, or contacts in the private lending space would be immensely helpful.
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30 May 2024 | 17 replies
I bet this manager is ripping tenants off without owners knowledge.
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4 June 2024 | 221 replies
Its been ripped apart several times over the years.
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30 May 2024 | 1 reply
Does rustoleum countertop paint work on laminate kitchen counter tops?
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31 May 2024 | 149 replies
Prices may rip in the shorter term, but I think inventory will go up.
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5 June 2024 | 274 replies
most work is flooring, remediating the basement, paint and updating one bathroom along with siding repairs/likely window replacement and massive landscaping and concrete work I like doing.