George P.
layout drawing for perspecitive tenants
1 September 2016 | 3 replies
This is something I plan to do myself when I start renting, plus including an overlay showing from which angle each listing photo was taken.Also one inside one of the kitchen cabinets to help illustrate what size the furnace filter is, what type of battery the garage door open, thermostat, and whatever else takes, where the water shut off valves are, etc.
Duriel Taylor
How to build an Rental Empire within 15 months
30 August 2016 | 15 replies
I've seen people steal cabinet doors and plumbing fixtures from Section 8 units.
Daniel Johnson
How to keep track of finances on multiple flips?
4 December 2016 | 47 replies
On a typical project, here are the contractors I'll probably use:- Demo- Roofer- Painter- Carpenter- Plumber- Electrician- HVAC- Window Company- Tile Guy- Carpet Guy- Hardwood Guy- Cabinets/Countertops Company- Termite Inspection- Landscaping- Garage Door Company- House CleanerIn addition, on many projects I'll also use:- Drywall Guys- Insulation- Surveyor- Structural Engineer- Inspectors- Concrete Company- Driveway/Paving Company- Grading- Tree Trimming- Shower Glass CompanyFor big projects, new construction:- Architect- Civil Engineer- Foundation- Asbestos Removal- Sediment Control- Excavation, Dirt Hauling- Interior Sprinklers- Stone WorkEach of those contractors will typically get between 1-4 draws, depending on the scope of the work they have for the project.Then there are materials and other non-labor costs:- Permits (0-3 transactions per project)- Porta Pottys (0-3 transactions per project)- Home Depot Materials (3-5 transactions per project)- Dumpsters (1-3 transactions per project)- Paint Purchase- Cabinets/Countertops Purchase (2-4 transactions per project)- Flooring Material Purchase (1-2 transactions per project)- Specialty Material Suppliers (0-10 transactions per project)- Utility/Service Installation (0-5 transactions per project)- Private Inspections (0-5 transactions per project)- Insulation/Airtightness Tests- AppliancesOn top of that, I will potentially write several checks to:- Title Company- Property Inspector- Appraiser- General Contractor or Project Manager- Interest Payments- Utility Payments- Tax PaymentsOn top of that, I have my general business expenses:- Accounting- Legal- Interest Payments- Tax Payments- Brokerage Fees- E&O Fees- MLS Fees- Overhead/Office (Supplies, Equipment, Subscriptions, Software, etc)- Telephone/Fax/Internet- Income from Property SalesAll of these easily add up to a couple hundred transactions on a large project or new build, meaning many dozen per month.
Steve Rozenberg
Rewarding Great Tenants!
31 August 2016 | 8 replies
some ideas: New counter-tops, paint or replace cabinets, new flooring, etc.
Jarred Mussen
Lake Butler 3/2 Built in 2007 for $65K - Should I Buy?
31 August 2016 | 9 replies
: __________________________________________________________Yes_________________________________________________________over is operational there is smoke damage and rust on the stove cabinets are present and intact_____________________________________ Stove/Range/Oven: Damaged--Kitchen Cabinets: OK--Other: N/ABuilt-in appliances tested and functional?
Crystal Wilson
bought my first rental property, need help with flooring
2 September 2016 | 7 replies
Consider the effects of color - dark will darken the room even though it looks classy and, if it gets nicks, the scratches will show the nicks more than a light color (same thing for cabinets).
Clint E.
New Member, St. Charles/St. Louis, MO Area
1 September 2016 | 0 replies
I have redone the master bath by putting in a pocket door, subway tile shower, new floor, can light, cabinet, everything really.
Keith Behney
Decorating advice for higher end rental
6 September 2016 | 0 replies
The kitchen has medium colored wood cabinets with brass hardware and green laminate counter tops.
Daniel Morabito
Ooba tooba or New Venetian Gold?
7 September 2016 | 4 replies
Looking for advice on granite countertops that will look good with White cabinets, Agreeable Gray walls, and a beige-ish floor tile.
Samuel DeMass
PINK Bathroom?? What to do? Opinions please.
12 September 2016 | 28 replies
Also you will need a flange extension for the toilet waste pipe.Swap out the vanity/faucet, medicine cabinet, and/or light fixtures.