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22 January 2025 | 0 replies
For example, if local regulations require energy-efficient upgrades, prioritize these changes to avoid fines and demonstrate your commitment to sustainable practices.Case Study: In 2020, many cities introduced rent control measures.
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6 February 2025 | 9 replies
A solid strategy is to look at recently renovated properties in the same neighborhood that have sold and compare their finishes, square footage, and layout to your potential investment.As for value-adds, some of the biggest ARV boosters I’ve seen include:•Adding extra bedrooms/bathrooms if the layout allows•Upgrading kitchens & bathrooms (modern finishes, quartz/granite countertops)•Improving curb appeal (landscaping, exterior paint, new doors/windows)•Enhancing tenant experience (in-unit laundry, smart locks, better lighting)If you’re serious about making moves, I’d love to help—I can even fund your project if you’re looking for financing.
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27 January 2025 | 29 replies
You will not only achieve a status upgrade in the market of RE investing, you are given the opportunity to have the knowledge to back it up.
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28 January 2025 | 0 replies
You can't call up Apple's CEO and suggest improvements, but you can definitely upgrade your rental property's kitchen to command higher rent.
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20 January 2025 | 6 replies
That would be a great upgrade.
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3 February 2025 | 25 replies
Quote from @Frank Pyle: You can refinance with conventional but value of property for LTV purposes will be capped at purchase price plus documented upgrades for the first 12 months.
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20 January 2025 | 7 replies
(This option would most likely add debt by pulling a loan against property 1 to payoff and do some upgrades to property 2, and all credit cards)Best, GeoffScott Trench made a spreadsheet for exactly this scenario!
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15 January 2025 | 49 replies
If we upgrade to PB Pro, does that include a Stessa Pro membership?
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6 February 2025 | 30 replies
My remodel strategy is to use some of my own sweat equity and running subs to save enough money to upgrade the flooring, kitchen and baths slightly beyond the peers.
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6 February 2025 | 28 replies
It's a cluster, with months of uncertainty, and in my case 10s of thousands of dollars, because we had to upgrade the septic to accommodate the fourth unit, as if it wasn't working already.