Mauricio Duarte
QuickBooks for Flippers - Inventory vs COGS
15 August 2024 | 29 replies
You are already entering the info - learn to use a software the right way the first time around and it becomes second nature to you just like fixing a leaky faucet.
Patrick Philip
Always use a realtor for flips?
12 August 2024 | 25 replies
Can I tell you how many times in my last flip where I got the wrong faucet, paint, mortar, tile, (the list goes on...)
Anna Brown
LA Property with lots of Equity
15 August 2024 | 57 replies
Do refrigerator, range, faucets, toilets, kitchen, flooring, bathrooms, rough plumbing, siding, roof, HVAC, fencing, rough electrical, hardscape.
Jose N.
High maintenance costs.
10 August 2024 | 11 replies
There are items in every home which will require constant maintenance, meaning yearly or every other year such as the furnace-A/C, toilets, faucets, main drains, and gutters.
Nicole Rhim
Any advice to update this bathroom
5 August 2024 | 11 replies
I would also opt for a taller faucet set into the edge of the sink rather than the countertop.
David Lutz
The Myth of Cashflow – and understanding how to reserve properly and model.
15 August 2024 | 86 replies
In Texas HVAC/Heaters are one system $700 for a bathroom re-pipeI began recently upgrading my 1980s bathrooms with New Tub, New Bath/Shower faucets, and NICE, NEW tile from tub to ceiling......Cost labor and materials, $1700 per bathroom.$12K turn on large home, included new high quality carpet and full repaintHere lies the major deviation: Property type matters.....I have NO LARGE HOMES, I install NO CARPET.
Todd Foust
My Journey Begins!
4 August 2024 | 1 reply
Looking Forward:I can’t wait to connect with fellow investors, landlords, and anyone who knows how to fix a leaky faucet without summoning a plumber.
Robert Lopez
Labor Cost? Did I pay too much?
31 July 2024 | 13 replies
The main house is completed and as far as labor, I spent $40,000 on just labor and that includes everything from full gut demo to finishes.We are talking about a 4BD, 3BTH two story 2400 ft.² home with a bonus room.This was a full gut job, replaced…12 Windows (new construction)2 sliding doorsTook out all carpet throughout.Took out this ugly 2” thick tile from half of the downstairs portion.Removed popcorn throughout the entire houseTook one wall downA little framing workReplaced entry door 80” x 92”Drywall patchingSmooth drywall work50 recessed lightingAll electrical neededAll plumbing neededNew cement walkway instead of one walk to the front door I created two steps with two lights in each step.Install kitchen cabinets, excluding countertopInstall all three vanities3 bathtubs with one being a modern standalone tub in the masterAll tile work (bathroom wall & floor, kitchen backsplash)Installing of all hardware, faucets, showerheads, etcInstalled 8 single panel doors with hardwareAdding self-leveler after tearing out that thick tileNew LVP flooring throughout the entire house except bathrooms,all baseboards, trimsPainting the entire house, painting all the doors, painting the outside trim.Reframing the outside balconyReframing the fireplace to install new linear modern electrical fireplaceand they took care of the two trash bins.I mean, completely redone.The only thing that was not included in the $40,000 is landscaping, counter top cut and install and of course the ADU which I’m currently working on now.So my question for my fellow investors and contractors did I pay too much?
Scott Walters
Constant Work Orders After New Tenants Move In
29 July 2024 | 10 replies
P trap and faucet are both leaking in the bathroom.
Shane Burke
I have a water bill question
25 July 2024 | 8 replies
When doing the inspection on Jan 31 we found the outside water faucet was turned on… just a trickle but definitely running.