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6 November 2024 | 12 replies
This is because it's relatively easy to remodel in the Winter but it's nearly impossible to find a great tenant in the Winter.
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6 November 2024 | 8 replies
New or remodeled stuff rarely works for LT rentals and never works for value add/flips.
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28 October 2024 | 1 reply
For starters, I partnered with a bad wholesaler/contractor on remodeling a duplex in Indianapolis.
3 November 2024 | 0 replies
(optional)Kitchen Remodel (2020): Updated countertops, cabinets, and installed new stainless steel appliances.Bathroom Renovation (2019): Added new tiles, modern fixtures, and a glass shower enclosure in the master bathroom.Finished Basement (2018): Added 600 sq. ft. of finished space, including a family room and home office.New Roof (2021): Replaced the entire roof with new shingles and added improved insulation.Landscaping (2022): Redesigned front and backyard with new plants, sod, and an outdoor seating area.Energy-Efficient Windows (2020): Installed energy-saving windows throughout the home.
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2 November 2024 | 22 replies
We have already done all the work from remodeling, furnishing to all the technical/software stuff.
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8 November 2024 | 17 replies
Or maybe you need to remodel the unit which requires it to be vacant.
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1 November 2024 | 2 replies
We added a mini split system, new floors throughout, rebuilt the deck, added windows, repaired waste lines, roof, siding, stucco, cleaned up the basement and remodeled the kitchen and bathrooms.
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7 November 2024 | 30 replies
Rent it cheaper for 4-6 months to get through the winter, then rent it for a higher price or sell it in the spring.I recommend selling because you don't have a good property manager and the market is obviously not strong there.Thanks @Nathan GesnerI dropped the price from $2100 to $1975 but it’s not moving the needle too much.I am prepared to go lower , however , worried about what kind of tenants we’ll get at a very low rent like $1700 or $1600…4 years ago we rented for $1400 ( to friends) then we went up to $1500 for next tenant, then $2400 for the last tenants ( we did some remodeling on property to justify that last rent ) Hard to go back down to those lower #’s but not getting qualified bites at all now that we are heading into winter ( as you pointed out )..been at $1975 for three days now ..
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31 October 2024 | 5 replies
When she started to remodel, she realized the electricity needed to be updated and the current landlord didn't have the funds to cover.
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1 November 2024 | 0 replies
Purchase price: $150,000 Cash invested: $90,000 Full remodeled What made you interested in investing in this type of deal?