Jeremy Jareckyj
Mid Term Rental Agreement
29 December 2024 | 15 replies
Our LTR lease is nearly 18 pages long, not including the additional riders for mold, radon, lead based paint, etc.
Pixel Rogue
Unique damages from exiting tenant…
30 December 2024 | 5 replies
Tons of double sided tape used which results in a fair amount of extra effort to restore (most cases paint comes right off the wall requiring patching sanding etc, some cases Good-off was effective.
Sofia De Santos Tavarez
How do you determine a scope or work and what materials to buy?
26 December 2024 | 13 replies
I want to refurbish the entire house, including a complete kitchen and baths renovation, add an addition on the east side, new roof and siding, new flooring everywhere, paint inside and out"Then ask the GC to go over and put this into a more formal document.
Joseph Chacko vellukunnel
Rookie investor exploring a multi family in jersey city heights
17 December 2024 | 8 replies
If the home is 100 yrs old, I'm assuming it's a definite gut which is going to require new plumbing, electrical, heating, cosmetics.I spent about $140K reno on my multi family in the heights on NY ave and there were massive problems with it but it was a gut to 3 units & adding 2 bathrooms, 3 brand new kitchens 4 bathroom reno in total, all new flooring, sheetrock , insulation, framing, doors, electrical, plumbing, paint, parts of roof etc.
Hermes Kanaris
Wanna be a surgeon? Dissect this deal with me.
30 December 2024 | 14 replies
Let’s break it down with the 70% rule to see if it’s investor-friendly:ARV: $190,000 (taking the middle of $180K-$200K)70% of ARV: $190,000 * 0.7 = $133,000Minus Estimated Repairs:Roof: $20,000AC: $4,000Additional repairs (general estimate for a property needing updates, say flooring, paint, minor plumbing): $10,000-$15,000Total Repairs: approx. $35,000Max Buy Price for Investor: $133,000 - $35,000 - $10,000 (wholesale fee) = $88,000Since you’re getting it for $91,000, you’re close, but to make it irresistible, consider negotiating the purchase price down a bit further.
Jessica Kiely
New rental - attracting a qualified tenant
30 December 2024 | 8 replies
Laundry room wall painted black is odd.
Robert Lindsley
Tenant with two pitbulls
6 January 2025 | 25 replies
It's people like you who cause folks who would actually benefit from an ESA to be painted with the same broad scammer brush.
Richard Schubert
Stabilizing a “C” neighborhood SFR: Curious how long for others.
16 December 2024 | 4 replies
We fixed everything in the first 3-5 weeks, plus paint, carpet, landscaping, then rented it out.
Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
It'll need some trim and paint on the inside as well as some cleaning and minor touch-up, so I wouldn't consider it far off from being rent ready.I am interviewing property managers now and trying to ask all the right questions.Thank you for sending over those articles.
Don M.
First time with new construction: Cape Coral, FL
20 January 2025 | 204 replies
Tile done, trim done, final painting happening as well.