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25 January 2021 | 6 replies
Already scored a whole set of kitchen cabinets, brand new quartz counter top (measured and will fit my need), some small appliances, doors, and bathroom vanity from a coworker doing an insane home remodel for 500 bucks too.ARV: 385k (first time doing comps but have followed my market in tacoma for 2 years before finally getting in and have some solid confidence given the improving area and a solid comp that just sold this week 4 doors down the road)ARV available rent: 2k/month for home, and ~200/month for garage/parking rent out (to my dad who gave me the auto addiction and needs more garage space)Given rents listed above, without doing a refi, the property nets -50/month (used BP rental analysis calc). definitely not idealHowever this is where i have questions: refi will give me the ability to assess the ARV on a conventional loan and possible do a cash out refi right?
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1 April 2023 | 16 replies
Most skimp on replacing baseboards but that is a must with any new flooring other than carpet.Quartz Countertops: $1000 - Paint $750 - if your turning a lot of units it should cost less than $1/sq foot and doesn't include scraping popcorn ceiling. $1200 if scraping popcorn.Cabinets $1200-1500 - Can find them for less than $1000 bulk negotiatedLight fixtures and electrical - $700Plumbing fixtures - $900Shower surround - $1000And there you go $7,500 or less.