Robert Lopez
Labor Cost? Did I pay too much?
31 July 2024 | 13 replies
The main house is completed and as far as labor, I spent $40,000 on just labor and that includes everything from full gut demo to finishes.We are talking about a 4BD, 3BTH two story 2400 ft.² home with a bonus room.This was a full gut job, replaced…12 Windows (new construction)2 sliding doorsTook out all carpet throughout.Took out this ugly 2” thick tile from half of the downstairs portion.Removed popcorn throughout the entire houseTook one wall downA little framing workReplaced entry door 80” x 92”Drywall patchingSmooth drywall work50 recessed lightingAll electrical neededAll plumbing neededNew cement walkway instead of one walk to the front door I created two steps with two lights in each step.Install kitchen cabinets, excluding countertopInstall all three vanities3 bathtubs with one being a modern standalone tub in the masterAll tile work (bathroom wall & floor, kitchen backsplash)Installing of all hardware, faucets, showerheads, etcInstalled 8 single panel doors with hardwareAdding self-leveler after tearing out that thick tileNew LVP flooring throughout the entire house except bathrooms,all baseboards, trimsPainting the entire house, painting all the doors, painting the outside trim.Reframing the outside balconyReframing the fireplace to install new linear modern electrical fireplaceand they took care of the two trash bins.I mean, completely redone.The only thing that was not included in the $40,000 is landscaping, counter top cut and install and of course the ADU which I’m currently working on now.So my question for my fellow investors and contractors did I pay too much?
Braeden Warg
Winston Salem Nc Traveling nurse
1 August 2024 | 4 replies
yeah i believe the instulation is R22 Rock solid, R5 sxp foam on the concrete, and the dry wall is something like 5/8th thick.
James Mc Ree
Any thoughts on EverSeal for flat residential roofs?
31 July 2024 | 11 replies
I guess I am thinking of cost per year of service as my primary metric.Without knowing anything, the EverSeal product looked like it might be cheap to install as it looks like just spreading a thick liquid across the roof.
Aaron Hartman
Medical Doctor and Business Owner
28 July 2024 | 8 replies
Make sure you have great disability insurance (Guardian is top notch), a great umbrella insurance policy, and an LLC with a thick corporate veil (and great property insurance).
Patty Tower
Paying off Debt While Investing
23 July 2024 | 28 replies
In my experience success in real estate, whether as an investor or provider, requires a “thick skin”.
Mark S.
Investing in Turnkey International Coffee Farms
19 July 2024 | 35 replies
I've also since realized that I don't think my personality matches up well with the thick skin needed to be a landlord, and the deals I've found (yes, I know many can say I'm not finding good enough deals) don't have a ton of room for property management fees (or if they do, they're in areas that I would never want to have to go - and I would if something ever happened w property management).
Steve Cho
Ideas on separating a rental unit bedrooms
17 July 2024 | 8 replies
The other bedroom has two openings that make it a bit awkward as well.Options I am thinking of1) Thick curtains/drapes: easiest to install, provides some privacy.
Michael Baum
Mike's Deal of the Day - July 11th, 2024
11 July 2024 | 3 replies
The Charisma/Berkshire comforters are by no means winter thick.
Chris Seveney
This Blows My Mind For Those Acting A A Lender
12 July 2024 | 40 replies
They have the thick skin and wherewithal to put up with this.
Alan Asriants
The realities of real estate investing - even if you own turnkey properties
8 July 2024 | 3 replies
The carpet in the finished area was completely soaked, as well as the underlayment, and the garage was filled with several inches thick of water.