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19 September 2024 | 34 replies
Topic will be titled, “How to Estimate Repairs” and then a 10min video only stating the superficial “Don’t forget to estimate repairs on this, get your experts to estimate on this, you have to take costs into account”No actual guidance as to how to do any of it.
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17 September 2024 | 8 replies
But I didn't get a single lead where someone would go from 125% to 50%-65% of ARV (which is usually a fair cash value when you account for the repairs).
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16 September 2024 | 5 replies
I spent about $12k in repairs and upgrades to make it rentable.
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16 September 2024 | 6 replies
This includes some major items like below upgrading septic to elgin septic system 20kupgrading electric to new cod 20ktree cutting trimming 10ktrench/French drain 10khvac replacement repair 10knew plumbing 10kcrawlspace repairs 10kappliances replacement 5kdoors replacement 5kmold repairs 3kroof repairs 3kother repairs It is in good location.
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18 September 2024 | 67 replies
These people will let your property fall apart, repair they will go cheap and Capex you dont want to know.
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16 September 2024 | 4 replies
CoC is 25.5% after downpayment and repair.
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17 September 2024 | 3 replies
A little background to start out because I'm feeling a little scatterbrained with the directions to take next: I'm 23 and currently own 2 duplexes with gross income just shy of $4k per month, net after mortgages, taxes, utilities, repairs, etc. is about $2,125 give or take depending on the month.
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17 September 2024 | 5 replies
So you're the guy cleaning up the yard, trashing out the house, working the rehab or supervising the rehab, learn some of the work you could do without much time...paint, demo, basic repair, cleanup, etc.
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11 September 2024 | 8 replies
Have you ever encountered unexpected repair issues during a flip, and what was your approach to resolving them?
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16 September 2024 | 5 replies
You don't know the law, you don't know how to handle difficult tenants, and you aren't local to work on it.This is what Ohio law says: “The tenant shall not unreasonably withhold consent for the landlord to enter into the dwelling unit in order to inspect the premises, make ordinary, necessary, or agreed repairs, decorations, alterations, or improvements, deliver parcels that are too large for the tenant’s mail facilities, supply necessary or agreed services, or exhibit the dwelling unit to prospective or actual purchasers, mortgagees, tenants, workmen, or contractors.”I would give the tenant a short, direct warning that they have 72 hours to coordinate with the vendor and set a schedule for repairs.