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13 May 2021 | 5 replies
It seems like it might be best to find that middle 'sweet spot' and go with the median level of finish then in your case (sounds like not wanting to invest a lot to update, and want to keep cash flow at max.)If I were to run comps and see on the high end of area rentals it meant all new countertops, appliances (high end), hard wood/laminate, kitchen cabinets etc and on the low end it meant more of an 'apartment level' finish - I personally would go for the middle road to this and maybe choose to refinish countertops, refinish kitchen cabinets and go strictly mid-range on appliances (I would pick up the extend warranties personally).In hitting the kitchen and baths, getting some fresh paint up and addressing flooring- I would know the heavy 'where the eyes are drawn to' items were checked off my list, take it all for expenses come tax time and be pretty happy to know I was right in the middle zone for the area- I wouldn't have the lowest quality of renter pool in the area, or be worried about overpricing myself out of the competition on the high end in my mind.
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24 May 2021 | 12 replies
He got a different plumber to finish the work he no longer could do.
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16 May 2021 | 9 replies
Pissed bc I’m finishing up three triplexes and just discovered the city is putting up 60 PHA housing units directly behind me with private parking, gym facilities, etc....totally ridiculous that you can have the amenities most other hard working people don’t have in the city while being encouraged not to work
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30 May 2021 | 2 replies
My plan is to live here, make some improvements, for the next two years or so until I finish my dissertation and graduate from PhD, then sell the place as I move to somewhere else after graduation.
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14 May 2021 | 3 replies
Hi Everyone,My question is, would I be able to get funding for a loan on a new construction home via FHA loan/VA loan if I can have a signed contract with a tenant stating they would move into my house when my new construction home is finished?
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14 May 2021 | 2 replies
Figuring out if it saves you money to refi is really just seeing how long will it take you to recoup the costs of getting a new loan with the savings in your interest rate.But, if you are on year 25 of 30, for example, I'd say your best bet is to just finish off the mortgage since its all principal paymenty anyway.Also, as how to move forward, thats up to your financial goals.
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20 May 2021 | 13 replies
Took awhile to close due to THREE low appraisal but we finally got to the finish line!
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25 May 2021 | 14 replies
I finished both the state and federal parts in 30 minutes. 10 minutes later, I was on the sidewalk with a real estate license in my hand.My advice is to get your license and operate within the law instead of working in the shadows.
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15 May 2021 | 6 replies
Question is should I wait 1 month to fully update my property and than sell or sell now as is ,No mortgage on property, all cash , my cost was $220kAlso contractors are hard to find and finish the project on time Also looking to leverage this cash into bigger portfolio TIA
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17 May 2021 | 18 replies
The property being the location time of year the size layout and finishes.