27 June 2024 | 3 replies
All but one of the homes have been remodeled.
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30 June 2024 | 54 replies
I think it's less a function of people just love the burb life and more that people are priced out of the city as much so they're looking for the "affordable" option ... and that's in the suburbs.And I do think there are still some under-asking properties out there, but anything that's taken care of, that's a remodel (but not an obvious crappy flip), is going quickly now.
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26 June 2024 | 1 reply
Learned a ton about remodeling older houses, which came with many challenges.
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26 June 2024 | 6 replies
Real Estate Investors can play ahead of the game by learning about 1) Real Estate (of course), but not the basic stuff....all the tricks that can make you stay one step ahead of your competition. and 2) Construction - How a house is built and how to fix, remodel and add value.So for #1, you can just make this forum an addiction.
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26 June 2024 | 11 replies
Speaking broadly, I think the best investment strategy involves finding properties that aren't fully utilizing their income potential.At a more sophisticated level, that might mean buying a fourplex of large two-bedrooms, making relocation agreements with the tenants, remodeling the units into three-bedrooms, and then renting them out at market rents.
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26 June 2024 | 16 replies
This means that if you remodel and refinance in the first year, you will have to pay a 5% pre-payment penalty.
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25 June 2024 | 1 reply
I've done similar things with adding or remodeling while house hacking and needing funding to do so.
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25 June 2024 | 2 replies
Currently it is not worth a whole lot since I am taking it down to studs and slab, but when it is remodeled, it should come to a 2-bedroom 1 bath home in the area.