Karina Segovia
ADVISE PLEASE!! HOLD, BUILD, REFINANCE?
16 September 2017 | 3 replies
HI I purchased a home in a multi unit (R4), high density zone.I am currently renting the house cash flow is just $50 after mortgage payment.This house has a big workshop in the back with a high rise ceiling, brand new roof, electricity and water.It sets in a half an acre lot so I am able to rent the workshop and land for $700 a month Total cash flow on this property is $750 a monthI'd like to enclosed this workshop (it has 3 brick walls already built) and make it into a livable place.I can still rent the land and keep the cash flow at about the same amount ($700).However there's no sewer at this house just 2 septic tanks attached to the main house.Workshop will need:windowsanother walldoorscooling and heating systemBathroom etc...I can build build more units attached to the current workshop since there's so much land to play with but i have no idea of the cost.I purchased this home for $150k in 2016I owe 143Klast month I paid for an appraisal and the current value is at $185(flooring was the only improvement at the house).Question is should I refinance and bring in sewer line, build more units or live it the way it is?
Darian Richardson
Second Deal financing for Multi-Family
13 September 2017 | 11 replies
From ceilings fans, dishwashers, HVAC units, electrical outlets, and basically everything under the roof, I highly recommend it.I hope this was helpful,@Charles Kennedy
Bart H.
3D Spatial Measurement into Design Programs
12 September 2017 | 6 replies
All bets are off in a house that has a lot of asymmetrical rooms, extra corners, or a lot of ceiling height changes.
Paul G.
Condo in Mesa, AZ Deal Analysis
10 December 2017 | 18 replies
Got hung up at work :(.Our tenant agreed to (and will start paying) an increase in rent next month of $800, with no changes to the property beyond adding 3 ceiling fans (a reasonable request).
Virginia B.
Neighbor has hole in roof from Irma & slumlord doesn't care
12 September 2017 | 8 replies
She has had one hole in her ceiling for months and now has a hole from a tree coming through into her bedroom.
Johnny McKeon
1 yr after reading Rich Dad, Poor Dad & finding BiggerPockets
14 September 2017 | 4 replies
For the rehab, I like the idea of vinyl plank flooring, semi-gloss paint (because I've heard some people say it holds up better with tenants), new cabinets, counter-tops, appliances, popcorn ceiling removal, light fixtures, new water heater, fans, new windows. and something to put on the concrete that kills bad odors.What would you do?
Wesley Robirds
Seattle Washington area investing
14 September 2017 | 7 replies
When I walk through a place, I don't see how it looks but what it could look like based on the type of work I am capable of.I personally like homes from the 50s (good thick hardwood often hidden under a bad carpet) but avoid late 60s and 70s (popcorn ceiling = asbestos) and often cheaper construction grade.Overall, I found that flipping is a good way to turn your free time into equity/money and a great learning experience but it is hard work and definitely not for everyone.
Robin Edwards
Flood, or not to Flood, That is the Question!
16 September 2017 | 4 replies
Anything from a few square feet of drywall to entire walls, flooring, fixtures, and ceiling will need to be treated and or discarded.
Johann Jells
What camera do you use for interiors?
15 September 2017 | 12 replies
On the other hand you're right about this stuff being viewed mostly on phones rather than 27" monitors.One of the main benefits I see from a DSLR besides extra wide angle would be using flash bounce off the ceiling, perhaps multiple flash using slaves.
Brian Lesko
Going to look at a duplex this weekend
20 September 2017 | 9 replies
This was an over-under duplex in Munhall after I stripped the wallpaper and the green plastic film the former owners had superglued to the ceiling to try to keep the plaster together.