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23 October 2024 | 11 replies
I did a take home mold test and found more mold in the kitchen and the vent in the foyer.
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19 October 2024 | 2 replies
For example my simple spruce up would be, renno bathroom, and kitchen, paint, and redo carpet upstairs.But if i think real deep into what I could do to make it a STUNNER then I think, knock down walls, create more open/broken floor plan, add central air, possibly do an addition to add a 3rd bedroom and second bath.So when you could do ANYTHING .. how do you draw the line of what you should do?
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20 October 2024 | 13 replies
I have owned this property for almost 10 years and originally purchased with cash and of course work has been done over the years. ceramic tile in bath and kitchen, laminate wood in the rest of the rooms, cabinets and countertops, sinks in bath and kitchen, new tubs and toilet etc.. located in st louis its a 2/1 but will rehab to make 3/2 so we will be adding value to the property and will be using the rest for capital for the company as i have other deals I am looking at...
20 October 2024 | 3 replies
. $230k - I believe $5000 out of pocket, seller paid closing costs etc.January - Today > Remodeled Unit 2, 3 & 4 New Flooring, Kitchen, Bathroom, Tiled Showers, ETC.Today > Resigned Unit 1.
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23 October 2024 | 13 replies
@Michael Kazalas, personally this sounds like too many cooks in the kitchen, but also a very clear violation of SEC rules around material involvement.Granted, I don't know much about fractional ownership other than vacation rentals, which are limited to 8 owners, typically.
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20 October 2024 | 9 replies
$100k would be tight.A 3/2 -- 3/2 no walls moved; $90k is possibleA rental rehab; lipstick, no HVAC or roof, keep everything, paint kitchen cabs and scrub up bathrooms.
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18 October 2024 | 1 reply
Your mechanicals and capital expenditures are a lot more important and more expensive to fix than a pretty kitchen. its better to live in outdated kitchen and have a well kept home with updated mechanicals/roof/hvac than one that looks pretty but will start to crumble5.
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26 October 2024 | 50 replies
Another push back I got from them, was when I asked them to change the main/listing photo to be the kitchen, and not the front of the house.
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19 October 2024 | 1 reply
I watched my parents flip houses since I was little and have always been on job sites or made "pocket money" by doing chores like painting fences or washing kitchen cabinets, which I realize now my parents were putting us to work to build that sweat equity.
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18 October 2024 | 7 replies
Also, explain how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.