
20 January 2022 | 13 replies
-Demo kitchen cabinets-Remove all fixtures-Demo old bathroom tiling and fixtures-Have digging/tunneling prepared for sewage line replacement-Pressure wash outside of house to prep for paintWeeks 2 & 3-Complete sewage line replacement-Begin Landscaping design-Replace entire homes fascia boards-Remove popcorn ceiling textureWeek 5-Have exterior of home painted-Roof leaks should be repaired by nowWeek 7-Have new lighting and fixtures installed-Tile Flooring throughout installed-Replace drywall boards as needed-Paint interiorWeek 9-Kitchen cabinets/countertops and island installed-Bathroom tiling completed-Shower doors installed-Detail work inside-Electrical outlets upgraded-Front Door replaced-Vanities/bath fixtures installedWeek 12-Install appliances-Install Fencing where needed(using about 80% of the neighbors white pvc fence as a privacy, will match)-Paver driveway to be completedWeek 13-Stage for marketing photos and open houses-Accept offer at 110% of list priceI know this is a brief run over of the work, but any advice in planning/ executing is appreciated.

19 May 2021 | 0 replies
No decision has been made but media outlets in South Korea are reporting that the technology giant is likely to choose Austin for the semiconductor factory.Austin is already home to a large Samsung manufacturing campus, with two fabrication facilities or fabs.

22 May 2021 | 7 replies
@Scott Pollock it's actually within FHA acceptable guidelines to have a 2nd fha loan if your situation has changed unexpectedly as long as the new subject property is 100 miles away from your current fha primary home.

21 May 2021 | 0 replies
In addition, investigate how much you can really rent the other units for by looking up comparable rents in the area.Bonus Tip:Always save at least 1-3% of the value of your home for unexpected expenses, even if you're house hacking.

4 June 2021 | 5 replies
We have a young family and don't want to get in over our heads on debt should something go south (and don't want to be over leveraged if we decide to move to a new primary)40% was where we felt good about the cash flow, and can be relatively sure we wont be losing money each month even if something unexpected goes wrong, and we have it sitting in the bank from a stock sell off.

23 May 2021 | 8 replies
With these extra items however, we feel that 50% fairly captures their unexpected nature while still allowing for our rehab plans to be possible" or similar.

4 June 2021 | 9 replies
Also this should be fairly standard but make sure the electrical is all grounded, I just spent about $5,000 adding outlets and grounding the electrical in a 1950s house to bring it up to today’s code which also meant outlets every six feet instead of one or two in a room.

7 October 2021 | 22 replies
I will guess that by the time you get building permits and complete your improvements your cost will b no less than $250,000 and you lost one year of rental income and you will have to pay for utilities for a whole year and maybe run into many huge unexpected expenses.If you really want honest opinions then post all the realistic numbers for your plan.

25 May 2021 | 24 replies
The structure you are looking at works fine so long as the asset generates sufficient cash to cover expenses; however, as all RE investors know, the unexpected furnace malfunction or roof failure requires injection of outside capital.

26 May 2021 | 18 replies
Following well drafted contracts and insurance for the unexpected provide the first line of protection.