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14 July 2015 | 0 replies
What do you think of putting solar panels on my personal residence?
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19 August 2011 | 5 replies
I think I understand, they cut a number of wires, all within 5' of the breaker panel.
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13 January 2013 | 3 replies
I don't want to be insulting someone I'm looking to get funding from but I don't want to give away more than I need to either.Multifamily with 32 units that needs 200K in repairs (drywall & septic system)Asking price was 650KPurchase price of 600KOwner will take 300K cash and carry 300K at 5% for 6 months/ 6% for 6 months and 7% for 6 months unless we pay off soonerProperty repairs are 125K-200K - Septic has frightened other potential buyers, my partner has worked with this extensively for 20+ years and we have engineered plans for repair blessed by local health dept and a couple of bids from local contractors who know the property/areaMajor cost is bringing units up to fire code for 1970 when they were built but no fire rating was installed between the units (currently 1/4" paneling, 2x4 studs and another piece of paneling)ARV would be 1,300,000 - 1,400,000 @ 8.5-9% CAP (even though most recent comps coming in at 70K per door average, this is further from the college and age/condition just don't see this one reselling at over $2MSo if we flip at 90% of ARV based on the caps1,170,000 Sales price 600,000 Initial purchase 200,000 repair 30,000 carrying costs until cash flowing again 340,000 equity available to share with cash investor as well some additional land that won't be sold off with the building at that time.NOI would be 9,998/month so 1.98 DCR if we were to refi on $850K after the repairs if we were to hold it long term which would give me $4,800/month cash flow to pay something back on the use of the money Suggestions on what I should be offering?
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24 September 2015 | 9 replies
My hope is to bring in speakers and create some sort of panel discussion every other week and then based on the knowledge or topic that is discussed perform a hands on activity related to that topic.
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14 January 2020 | 0 replies
Property had been flipped with contractor-grade kitchens a few years prior to purchase...so everything was pretty much turnkey, minus a new electric panel needed to add second washer/dryer hook ups in the basement.
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22 June 2016 | 38 replies
That means the main panel and all the sub panels must be upgraded and signed off by Indiana Power (or whoever your provider is in state).
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9 May 2015 | 4 replies
They also are single panel and few insulation issues as some of them have gaps between the window and casing.
31 January 2018 | 8 replies
Moisture resistant drywall will be used in all wet locationsAll ceramic tile will be installed on 1/2" cement board or a concrete PaintNew Switches, Receptacles, GFCIs and cover plates to codeHardwired smoke detectorsCarbon Monoxide DetectorsBathroom: Install Ceramic tile on walls for tub and floorInstall new pre-hung 6 panel hollow core doorNew Toilet with ring and supplyNew Vanity with faucet, drain and supply linesInstall new light fixtureInstall bath exhaust fanNew medicine cabinetInstall New TubBathroom Accessories (Toilet paper holder, towel bars, etc.)Bedrooms / Living room:Install new pre-hung doorInstall all trim ( Door Casing, Base, Shoe)Install Flooring material (Carpet, Hardwood,Laminate )Install New Light fixtureInstall Closet door (Type to be decided)Kitchen: Install Ceramic floorInstall New kitchen cabinetsInstall Counter top (Granite/Corian/Laminate)Install New Undermount sink and faucet Install Ceramic backsplash with accentInstall Light fixturesInstall garbage disposal (if applicable)Install Dishwasher (If applicable)Install all trimInstall pre-hung pantry door (If applicable)All material types will be selected by you and installed by us.
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28 January 2019 | 10 replies
After looking under the carpets and paneling, we found pristine shiplap on the walls, ceiling and original hardwood floors... we immediately choose a cottage modern style for our design.
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19 May 2020 | 248 replies
Any large ticket items (new panels/HVAC)?