Wade Sikkink
What are these holes?
21 January 2014 | 7 replies
While I agree it might be from termite treatment, every termite treatment I have seen, the holes are not random as they appear here, but rather universally space around the outside border of the home, and not the interior of the home.
Kyle B.
Interior Drain Tile and Foundation Questions
3 June 2013 | 2 replies
The home currently does not have gutters, so I was told installing these would more likely than not fix the problem, but worst case scenario is that I would have to install an interior drain tile which I was given a rough estimate of around $3-$5k.
Joffrey Long
Smoke Odor - How to Get Rid of it (in apartment)
4 June 2013 | 12 replies
Paint the interior with oil based exterior paint.
Manuel A.
Rehab Estimation Case Study - By a newbie, for newbies (and constructive criticism!)
5 June 2013 | 7 replies
. * $2.8/sqft(material/labor) = $1831.20 I rounded to $1850 just cause it's a nice number.Okay, now here is my numbers that I was happy with when I finished:Total Flooring: $3,650Appliances (Fridge, Stove, Dishwasher) = $2,200Paint interior/exterior= $6,000Kitchen Cabinets/Granite Tops = $4,500Fixtures = $1,500Doors w/hardware 9 = $7653 toilets = $300Bath 1 Vanity = $200Bath 2 Vanity = $650MST Bath Vanity = $950Cabinet Hardware, Electrical Covers, Vent Screens, etc = $750Heat Furnace = $1,400Water Heater = $400Refridge A/C = $5,000Slider Closet Doors (3) = $285Misc. $1,000TOTAL = $29,550After I get this number, I add 10-12% to it.
Jimmy Hong
Out of state property deal
18 July 2013 | 9 replies
This one will be a buy and hold in Memphis, TN.Numbers look like this:Purchase price $122kConventional 20% down and financing 80%MAIN HOME: 4 Bedrooms, 3 Full Baths, Living Rm, Dining Rm, Hardwood Floors (Currently rented for $ 1,300 per month - Current tenant for nearly 2 years)Updated Electrical WiringNew Heat and Air ConditioningNew Exterior Paint New Interior Paint Refinished Hardwood Floors Remodeled Master Bathroom (12" Tile)New flooring in kitchen and diningNew Light Fixtures throughoutNew Doorknobs throughoutNew Blinds throughout Large Updated KitchenAPARTMENT 1: 2 Bedrooms, 1 Bath, Full Eat-in Kitchen, Large Living Room (Currently Rented at discount for $ 725 per month to same tenant in 1 Bed Apt (Typically rents $ 785/ mo).
Brian W.
Appraiser Question or Anyone with Appraisal Experience
12 June 2013 | 7 replies
Here's something from Fannie's website:Gross building area, which is the total finished area (including any interior common areas, such as stairways and hallways) of the improvements based on exterior measurements, is the most common comparison for two-family to four-family properties.
Mike Hoefling
Closing Tomorrow - Water in Basement
21 March 2014 | 6 replies
I see pricing between $65 and $85 per linear foot of basement perimeter for interior French drain with sump pump.
Anthony Santa Ana
Offer Price advice
15 June 2013 | 1 reply
Here is the situation:-motivated seller that is willing to seller finance and/or lease option-asking price $595,000-3 duplex houses on one lot (2 units rented out for each @ $1175-4 units vacant with potential of $7000)-separately metered -tenant yearly leases-one house needs a full rehab (interior & exterior) -$4596 yr=taxes; estimate $1200 yr=insurance-seller ok with 10% down-zoned for commercial & residentialAny suggestions or ideas.
Bill Briscoe
What rehab improvements will maximize resale?
26 June 2013 | 11 replies
My exit strategy is either market as lease/purchase or hold as rental - avoiding the commissions.Specifically, I have:$7K for roof<2K paint - I'll do interior myself.
Raquel L.
Inheriting A Good Tenant...How To Introduce Myself, Etc...
2 June 2014 | 20 replies
You are responsible for the upkeep and maintenance on the property’s interior, exterior and lawns.