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9 April 2024 | 2 replies
@Jaron Walling, You know when things start to slide downhill?
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8 April 2024 | 2 replies
There was no mold found inside the walls.
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14 April 2024 | 885 replies
So imagine money that is just there waiting for you and your business behind that corner or wall and you don't even see it and you miss it.
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10 April 2024 | 20 replies
I have been around this industry long enough to see the writing on the wall.
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9 April 2024 | 64 replies
Quote from @Jaron Walling: So... waiting on the Fed to do something is a mistake 99.9% of the time.
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7 April 2024 | 9 replies
Said they would have to come back out and tear into the wall to fix the valve, which was going to run over 1k.
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7 April 2024 | 0 replies
I added value by redesigning the kitchen and opened up the space by vaulting the ceiling, relocating the stairs, and knocking down some walls.
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6 April 2024 | 5 replies
I am a first time real estate investor looking the following property : https://www.redfin.com/OR/Forest-Grove/2418-Cedar-Cir-97116/...its a pretty large duplex in Forest Grove OR, the trick is though, its on a lot zoned for a 4 plex so I am lookinginto house hacking, converting into a triplex, then living in one unit while renting out the remaining two unitsThe left garage has been converted to living space, with a living room, half bath, a laundry room with a sink and some counters/cupboards and a bedroom, it is a part of what was an existing 3bd unitIf I were to acquire the asset, I would first attempt to convert that space into its own unit The line items as I see (be in mind, I am totally new to this) would be to >put up dry wall where the door to the rest of the house is,>add a shower to the half bathroom >install a water heater in the adjacent 3bd unit> install a kitchen in the laundry room, (stove , oven , sink, counter space)>add a shower to the half bath Assuming I can convert it to a 3plex, I could at-least cash flow on my investment after I leave My plan would be to put minimum down payment of 3.5% (FHA loan) that way I can have a decent amount of capital free to do the renovationsThe only concern is when I crunch the numbers to get my ROI, I have no idea how much its going to cost to convert the additional living space to a third unitAny experienced investors here know how I can estimate this before I try to make an offer?
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7 April 2024 | 53 replies
no walls were torn down, no new kitchens or baths installed, 2 had no new floor coverings installed all 3 had recent new electrical service.
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5 April 2024 | 1 reply
One other note: mice have poor eyesight, so they mainly stay close to a wall.