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30 April 2024 | 21 replies
I'm looking through the spreadsheet and I think it's worth mentioning that it's possible to spend a lot less for certain material items as well as labor in many cases depending on how frugal you want to beinterior door with hardware: $5-10 used, $30-50 newwindow: $10-50 used, $100-200 newlight fixtures: $1-10 used, 6 pack flushmount at lowes for $44fan fixture: $24-60 new water heater: $250 newtoilet: $50-90 newsink: $40-200 new faucet: $10-30 newtile: 0.49-2/sqft newappliance: $20-200 each appliance usedmy last rehab was:60 elec permit cost + 300 elec repair (tenant destroyed meter box causing house to be condemned)1600 material + 1500 labor flooring for 1400 sqft500 material + 600 labor spray paint whole house semigloss and patch some large holes$30 for 4 interior doors which I put in$10 mirror for bathroom$100 paint porch, stairs, and stair rail brown$50 fridge, $10 burner plates for stoveI also spent at least a few hundred with help on cleaning and taking out the trash and some other expenses here and there which altogether added up to about 5 thousand.I spent maybe 30 hours over there in total on the weekends.
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30 April 2024 | 9 replies
Unfortunately, plumbers are notorious for being very ignorant and notorious for ripping off their customers.
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30 April 2024 | 8 replies
Places that need new flooring, paint, a deep cleaning, some yard work and so on.
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30 April 2024 | 28 replies
The key is knowing when it makes sense and when you are in over your head.A cardiologist making $600,000 a year shouldn't waste time replacing a toilet, cleaning an oven, or painting a house.
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30 April 2024 | 2 replies
By "partial" I mean renovating the kitchen and bathroom, painting the place, re-tiling the floor and maybe adding some smaller features that can make a difference to prospective buyers, such as new A/C units, new internal doors, or maybe even sell the place furnished (home staging is not really an option here); with no or minimal demolition, and hopefully without electricity or plumbing issues.
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29 April 2024 | 0 replies
Fresh new interior paint and new flooring in the bedrooms.
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29 April 2024 | 3 replies
I spent about 6k to get rid of the smoke smell including painting, cleaning the vents, cleaning the furniture etc.
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29 April 2024 | 31 replies
We are cash flowing great, and continue to pour those profits back into our houses by replacing roofs, painting/siding, and improving the properties to make them more appealing and to get the Cap Ex taken care of.
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29 April 2024 | 10 replies
I've done complete ground up rehabs to simple paint and floors.
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30 April 2024 | 29 replies
Next Q: what color would you paint the outside?