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7 November 2024 | 1 reply
We introduced a new color scheme for our new construction homes.Once the exterior paint was finished, we realized that we strongly disliked the color we chose for the garage door.Easy fix, spend the money to repaint the garage door and update the color package for future homes.Hiccups like this happen every day in this industry.
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17 November 2024 | 5 replies
:Always do anything within the walls of escrow, i.e. pay people, pay title, pay escrow, pay invoices from termite, give a credit to a buyer or seller along with anything else.
19 November 2024 | 15 replies
This July, the tenant complained about a leak that managed to seep through the walls and onto the floor from the attic.
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10 November 2024 | 2 replies
Should I stain these doors and hardwood floors a dark expresso color, or lighten them, or just leave them alone?
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21 November 2024 | 39 replies
Now if try tailing the entity on deed "up-stream" come to find it's a meandering trail of breadcrumbs, come to find they themselves are debt loaded via notes on properties to other entity, that again is a meandering trail ending in WY entity behind a wall of ownership interest in such so never get peoples names.
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14 November 2024 | 3 replies
Purchase price: $179,000 Cash invested: $15,000 Lived in the property for 1 year.Knocked down living room wall, replaced Hvac, floors and gutted and remodeled the kitchen, attic insulation, converted the living room and the dining area into rooms.
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18 November 2024 | 35 replies
By installing our own, we remove the wear and tear and damage the tenants do by moving W/Ds in and out and hooking them up wrong (which is common) and using cheap components that cause leaks and destroy floors and walls.
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15 November 2024 | 9 replies
Quote from @Henry Lazerow:My guess is most of the deals selling go to newbies who have no idea what a rehab really costs or that once you open the walls the costs often go up 10's of thousands so you need a solid margin to make money.
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19 November 2024 | 24 replies
Welcome to the world of re-opening the walls to show your plumbing and electric work.
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19 November 2024 | 6 replies
Also, have you made any significant alterations to the property or if it were put on the market today, would it be indistinguishable from a standard 4-bedoom house (are there any extra walls for the SRO, constructed locks/barriers etc.)If its a standard SFR and the leases are very short term - there is a path that you could refinance this with a DSCR as basically a Short Term Rental and then potentially change strategic course back to SRO if needed at a later date