
24 February 2019 | 9 replies
Still rented out.Final numbers/budget break-down are shown in excel below.Final Renovation Budget Dec 2017Key lessons learned>Incorporate security into renovation plans>>Allocate budget for fencing, securing perceived weak points and window coverings >>Time is money – I could have subcontracted a lot of this work out very early on and finished the house in <4wks vs letting it stretch out over seven months, two break-ins and a hurricane, not to mention lost rental income (could have rented the bedrooms out starting in late April vs mid-July)Stuff I can do now that I couldn’t before>Install flooring and baseboard (market rate is $2-3 sq ft for labor)>Remove a toilet, floor a bathroom and install a new toilet in <90minutes>Remove/Install sinks>Repair exterior housing>Backsplash tilingNow for the before & after photosScreen Shot 2017-12-15 at 7.04.11 AMScreen Shot 2017-12-15 at 7.04.25 AMScreen Shot 2017-12-15 at 7.03.56 AMScreen Shot 2017-12-15 at 7.05.21 AMScreen Shot 2017-12-15 at 7.04.55 AMScreen Shot 2017-12-15 at 7.06.24 AMScreen Shot 2017-12-15 at 7.06.16 AMScreen Shot 2017-12-15 at 7.06.08 AMScreen Shot 2017-12-15 at 7.04.40 AMScreen Shot 2017-12-15 at 7.05.37 AMLIVINGBEFOREAFTERScreen Shot 2017-12-15 at 6.50.41 AMScreen Shot 2017-12-15 at 6.50.50 And the final professional photos - not bad for a $24k rehab!
8 July 2019 | 13 replies
If you've got a model that works for you incorporate that war chest into it.

12 March 2020 | 7 replies
The kitchen, master bath and laundry room have dark ceramic tile with built-in pits and fairly wide, dark grout.

10 March 2020 | 0 replies
In order to determine if a house is a good investment or not, we created a spreadsheet that incorporates the recapture tax as part of the calculations.

23 March 2020 | 9 replies
I generally incorporate a small increase in rent into all renewals, just to keep up with rising expenses (e.g., taxes, HOA fees), inflation, and fair market value.

5 April 2017 | 5 replies
The seller owns it in an LLC, not an incorporated entity.

3 November 2019 | 26 replies
Almost half of the publicly traded companies in the US are incorporated in Delaware, as are many major banks.Delaware’s tax laws allow corporations to be taxed at a low rate in Delaware and avoid higher taxes in their home states.

23 January 2015 | 2 replies
If you incorporate, you will need to check with the Secretary of State and make sure that there's nobody else using that name.

24 June 2016 | 14 replies
2 weeksThat's from the movie Money Pit - you will not get an answer to your question that will encompass every flip, it all depends on what you do and how much you do, I'm a General Contractor and i can give you at least 20 different prices for the same project - lets say, a bathroom ( most common reno ) -size of bath - what tub, (steel, cast iron, fiberglass) - or is the bath just a shower, (fiberglass, ceramic tile, marble, are there accent pieces ?)

30 October 2019 | 20 replies
If you are in a city that has been incorporated multiple times, was part of unincorporated in 1969, then incorporated into this city in 1975, then was unincorporated again in 1983, then finally incorporated into another city in 1990...you might have to visit various jurisdictions and look up their archives.(2) After you have determined when the zoning of SFH was put in place, you then need to determine what year your house was built, and whether it was originally SFH or converted later.