Jeff F.
Analysis of First Deal 4 Unit, 2 House Property
19 April 2016 | 3 replies
Plumbing system looked good, some fixtures need work (addressed in the inspection/are being fixed prior to close)Painting and trim have all been updated.
Nathan Gesner
Repair edge on laminated countertop
1 April 2022 | 5 replies
You will need to use a trim router to finish the edges.
John K.
Duplex Owners, how do you describe lawn care/snow removal for half duplex in lease?
30 October 2017 | 7 replies
All lawns must be kept within in four inches of the ground, trimmed, and free from trash and debris.
Account Closed
preselling a flip?
29 October 2012 | 9 replies
i really don't like the idea of the buyer micro managing the jobsite, and saying he doesnt like this piece of siding or old trim (it's a historic area and i try to maintain the charm by keeping the siding and trim if possible, etc.)
Aaron Bard
Advice on Finding Off-Market Deals
11 October 2023 | 14 replies
They may be old and wanting to start trimming their rentals.
Ryan Webber
Nice first deal
8 March 2007 | 5 replies
After taking about 6 months to convert it into a 4 bedroom, put on new siding, some windows, trim, exterior paint, a new roof on part of it, sheetrocking about half the house, tape, texture, trim, paint, carpet, tile, electric and plumbing fixtures, rewiring about half of it, adding rafters to the garage, a new garage door, a crushed asphalt driveway, and sod, I finally sold it for $55,000 after having it on the market for 3 months with a realtor and only getting 2 offers that didn't want me to carry it.With a little over $25,000 in repairs to it, when it was said and done I walked away from the closing with a net profit of about $1,500.
Eduardo A.
Don't Think My Numbers Add Up
3 April 2011 | 19 replies
There's a lot to learn as you go through your first flip, even excluding the rehab activities, and if you bite off plumbing/electrical/framing/drywall/tile/toilets/tubs/cabinets/granite/lighting/HVAC/windows/doors/trim/paint/roof/HWfloors/landscaping/etc. all at once you can get in over your head and find yourself with unanticipated timing and budget issues that hurt your profitability.
Philip L.
Replacing windows on a rental
27 February 2019 | 115 replies
Along with re trimming the interior.
Jon H.
What's your cap rate for mobile home park?
13 August 2017 | 31 replies
If the hook up already exist great, this number will get smaller, if not it could get A LOT larger, but for modeling purposes $7,750 per pad construction cost seems fair.Misc: $10,000 For tree trimming, road patches, new signs, website ect.Total: $267,000 With a NOI of $31, 680 that's a 11.8% CoCIf you can get seller financing with say 20% down on the park+homes and pay for the improvements yourself you'll need $133,000 in cash, but your CoC jumps to 23% If you need to bring a bank in keep in mind, they most likely won't lend on the mobile home and you'll have to come up with an extra $40k. 3.