James Colon
New York Investor
1 October 2018 | 8 replies
I also post these up at any diner or hardware store with a community bulletin board. 4, NETWORKING and word of mouth.
Patrick Philip
What have your house rehabs looked like?
11 September 2016 | 14 replies
I put on one roof, two complete HVAC systems, one set of gutters, one full kitchen redo, one minor kitchen remodel (floors, counters, hardware), 4 bathroom remodels, full floors in one house, and then the requisite painting, trim, etc everywhere.
Matt Harris
As an investor do you prefer turnkey or empty house at purchase
10 September 2016 | 34 replies
We have a fairly rigorous screening process that has served us well and I have no way of knowing what screening purpose was used by former landlord, other than maybe checking for a pulse and a wallet.
Bob Crane
All Electric vs Gas Furnace/Water Heater in Northern Illinois
14 September 2016 | 16 replies
I install electric water heaters in my units because they are cheap and easy to replace, Ace Hardware sells 40 gallon units for $299, vs a power vent Gas one is $749, and life span is about the same.
Holly Scott
Newbie in Colorado Springs/Teller County Colorado 1st flip advice
10 September 2016 | 4 replies
Find a local small contractor that specializes in water damage and get them to bid the project making it crystal clear that it's you paying and not the fat wallet insurance company.
Justin Larpenteur
Investor to inspector stories
19 September 2016 | 7 replies
As far as estimating the cost of replacing the normal outlets, I can only assume they cost between 5 to $10 a piece but that just takes a run to the hardware store.
Leland S.
How much to put into rehab?
24 September 2016 | 23 replies
For example, I could just refresh the kitchen with all new hardware or I can open up a wall to the dining area, move the sink/stove, move the HVAC and have a nice large open kitchen space for probably another 10k.
Benjamin Barredo
Rental Property Expenses for Analysis
21 September 2016 | 10 replies
When you give someone a chance it will more then likely come back to bite you in the wallet.
Oleg Sabillon
Prequalification
24 September 2016 | 2 replies
Get your financing in order first and go shopping with a full "wallet".
Dennis Findling
SDIRA
24 September 2016 | 2 replies
If you are running to the hardware store on a very frequent basis, or using your vehicle to haul significant amounts of materials, the IRS could question your level of involvement and whether you are providing services to the IRA.