Lauren Cutchen
Rent by the Room Approach and How that Affects Appraisal
13 September 2021 | 15 replies
PadSplit is suggesting to take away common spaces like the living room and dining room and turn them into bedrooms.
Matthew Ward
Live-In Flip
22 October 2017 | 21 replies
While the paint was drying we yanked up the carpets, minor sweeping, and moved all of my stuff into the living room and dining room..
Jared Christensen
Forced appreciation for value
15 June 2022 | 7 replies
Look for homes with extra space that is not well utilized or necessary such as a formal dining room, detached garage, or an extra large laundry room (easy bath conversion or kitchen for extra unit), etc.
Ryan Pritchard
HELP! AIRBNB Listing Review
8 November 2023 | 8 replies
Unlike selling house where you go in chronological/practical order of the home, guests regularly like to see the highlights or MAIN things first.For example, one of your first 5 pictures is the art work which is already noted in other photos of the dining room.
Brent Fullerton
Feedback? Absentee Owner Turn Key Motel Lodging vs Multi-Unit
22 January 2018 | 0 replies
The Motel is the only apartment/lodging within 20-50 miles in each direction and 11 hours from Dallas Fort Worth, Texas. 11 units total with 10 flexible apartments and lodging and 1 unit for Management5 one bedroom or suite units with separate living room, kitchen and dining area2 studio apartment units with two double bed overnight units and one single bed overnight units4.3 Star Trip Advisor Rating -- 23% repeat businessTurn KeyTerms: Owner Finance - No Qualifying Loan for SellerPrice $350,000 w/ Down Payment of $50,000Interest 5.5% for 40 YearsPrincipal Pay Down - $10K or less = +2%, $10K plus = +4%, $20K plus = +4% (For example, I put $10,000 towards Principal and receive bonus of $10,200 applied toward Principal.)Income: Gross Income for 29 months (6/2015 - 10/2017) = $168,888.00Total Expenses for 29 months (6/2015 - 10/2017) = $81,200.00Net Income NOI for 29 months = $87,688.00Monthly Net Income = $3023.00Annual Net Income = $36,284.68 (Average for 29 months)*Gross Income for October 2017 = $6987.00 (Sturgis Rally)Gross Income from monthly apartment rentals @ $599/month per unitGross Income from overnight rentals @ $68/night per unit *(For 2018, raised to $73/night)Monthly units @ $599/month have been as high as 6 units per month, yet varies!
Ali Nurmohamed
What’s the benefit of leasing a shopping center?
10 February 2023 | 5 replies
If you've got a salon, midscale dining, boutique shopping, retail shopping, cafe/coffee shop, and take out restaurant in one shopping center, you will have customers of each business coming for one tenant and staying to visit others.
Angela M.
Unsure whether I should sell property or rent it. Suggestions?
1 August 2022 | 16 replies
The rest of the home had been recently remodeled in the past 10 years, kitchen/dining area, bathroom.
Jim Macedon
How Reliable is a Builder's Bid?
9 January 2018 | 7 replies
Want an electrical outlet , thats $95 , want chair rail in the dining room , add a grand , ..........it just keeps adding up .
Christopher B.
Just need to vent.. sellers destroyed house
21 June 2017 | 23 replies
This was the dining room, they cut the floor to get to the nice rough sawn floor joistEntry foyer.
Alex Juarez
Should I Be Worried About Backyard Neighbors
9 March 2018 | 3 replies
These were clearly visible from the dining room window, the kitchen window, and of course the back yard.