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26 February 2020 | 6 replies
The inspector determined the slope of the cement walkway outside was toward the house, and needed to be changed otherwise water would pool up there when raining.Good luck!
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8 June 2020 | 6 replies
The basement has poured cement foundation.
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1 March 2020 | 26 replies
It could literally be a matter of inches of your driveway on their property (if at all) and a $200 rental of a cement saw and a few hours will solve your problem.
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9 May 2020 | 8 replies
We are now one week into the rehab as I type this.Current BRRR Numbers:Pre-closing Costs: $2,740Plumbing inspection (because the house needed to be dewinterized, $150)Home inspection ($525)Appraisal ($655)Electrical inspection (because power was off on the day of the appraisal, $150)CO and Smoke Alarm ($366.57)CO and Smoke inspection ($52.50)Rehab consultant ($840)Kitchen Appliances: $2,000 (estimated)Plumbing: $7,300 (estimated)Oil tank ($1,800)Water heater ($1,000)Chimney liner ($2,000)Re-piping as needed ($2,500)General Contractor: $32,000Roof replacementDrywall patching and painting of entire house (trim, wall, ceilings)2nd floor bathroom spruce-upClosing exterior door in master bedroom and finish sidingBuilding two closets in two bedroomsBroken window repairsWindow frame repairsScrape and paint area over bulkheadFinish floorsRemove and dispose drywall from basement spacesRear deck repairFront steps repairInstall handrail to basementFoundation masonry repair and paintingRepair cement stepPatch area of exterior trim near kitchenPatch two rotted window sillsCap extra basement doorFill in dining room windowAsbestos: $1,500Electrical: $2,000 (estimated)Closing Costs: $3,733Home Purchase Price: $149,000Total All In: $200,472Expected ARV = $250,000 (initial appraisal for rehab loan came in at $235,000)Amount I have invested in the deal = $50,000Expected Cash Out at 80% = $50,000The situation is still very fluid, as we still have at least three more weeks of the rehab in front of us, but the numbers thus far are still looking promising, despite all of the surprises.
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7 March 2020 | 2 replies
Added new kitchen and bath, glass garage door to let light in, sealed cement floors, landscaping cleanup.
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8 June 2020 | 3 replies
They were awesome and really came thru in a timely, cost-effective manner when I needed to lay cement without breaking the budget.
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11 June 2020 | 5 replies
It helps to cement the relationship you’ve built, and it keeps you in contact with your investor base.
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15 June 2020 | 47 replies
Pour the foam in the hole, wait five minutes and done - no more cement.3.
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6 May 2020 | 9 replies
Often time it is difficult to cut the multiple layers of flooring out, Ive seen as much as seven layers of flooring under cement board and tile.