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3 June 2024 | 0 replies
Avoid lipstick on the pig.Renovations like nice kitchens and bathrooms are great for rental properties, but it is not everything.A property that has been cosmetically renovated, but has no capital improvements is worse than one that has been very well-maintained, but might have older cosmetics.If I walk into a property and I see that the kitchens and bathrooms have been redone, but all the walls are plaster there's no grounding in the electrical and the plumbing has never been updated that I consider it a full gut.It's a shame to pay a premium because of a nice kitchen and bathroom only to find out that you have to rip it all apart.It is usually less expensive to do cosmetic rehab for rentals than capital improvements.
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3 June 2024 | 8 replies
A mortgage broker can help you navigate the lending process, identify potential lenders, and assist you in gathering the necessary documentation.Build a Strong Financial Profile: To improve your chances of securing financing, ensure that you have a strong financial profile.
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3 June 2024 | 0 replies
These improvements modernized the property, enhanced its curb appeal, and increased its market value.
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4 June 2024 | 12 replies
I had a seller send me a questionnaire asking for information on what kind of improvements the buyer would do on the property after he buys it and how much he was willing to spend!!!
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3 June 2024 | 0 replies
These updates included essential repairs and improvements to enhance the property's appeal and functionality.
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3 June 2024 | 0 replies
These improvements significantly enhanced the property's market value.
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3 June 2024 | 2 replies
This included necessary updates and improvements that significantly increased its market value.
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2 June 2024 | 5 replies
Title (a deed) doesn't even describe the improvements.
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4 June 2024 | 221 replies
Smart leverage, smart improvements.
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2 June 2024 | 5 replies
You can also provide the appraiser a list of improvements you have made to the property for reference.