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9 March 2024 | 26 replies
Please feel free to check out my profile for more details on the investment, but we were able to spend 1 year slowly renovating the apartments as tenants moved in and out, invested heavily into leasehold improvements (long-term fixed like HVAC, water heaters, exterior paint, property drainage, etc), converted month-to-month tenants to annual leases, and raised rents to market.
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8 March 2024 | 19 replies
For what seemed like a decent amount of money there were still paint drips on wood trim and other cosmetic errors that shouldn't have been made.
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8 March 2024 | 1 reply
The house needs very little cosmetic work (paint, cleaning etc.).
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8 March 2024 | 5 replies
This could include things like fresh paint, updated fixtures, new flooring, and minor renovations that can make a big difference without breaking the bank.Additionally, make sure to provide the appraiser with a detailed list of all the improvements you have made to the property, along with any recent comparable sales in the area that support the value you are hoping to achieve.
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8 March 2024 | 5 replies
Purchase price: $60,000 Cash invested: $40,000 Sale price: $125,000 Fix and Flip in Louisville Kentucky.This was our second project in Louisville and it was masterfully done by our crew.We were in there the moment the house closed and our investor was able to sell it in less than 5 months.New roof deck, kitchen, bathroom, flooring, paint.
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8 March 2024 | 44 replies
You have paint and other items in one of the photos near the entrance.
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6 March 2024 | 9 replies
@Erika CollinsWhen you are removing the "item," if it has lead paint you will be creating lead paint dust.
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8 March 2024 | 8 replies
Would answer him quickly and make decisions for appliances, flooring, paint, etc.
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8 March 2024 | 1 reply
Making capital upgrades, such as painting, cabinetry, flooring, or countertops allow you to charge higher monthly rent because the unit looks nicer and is "newer" while also not be immediately expensed as they are depreciated items (talk to your CPA or hire a good one).
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11 March 2024 | 152 replies
that's me lol haha I only changed windows and do exterior painting to that duplex ... .... lol funny if I sell that duplex now compare to 2022 , 2022 sale price is still higher