Christy Place
First Flip Attempt
10 January 2025 | 2 replies
We aren't the traditional flippers who run in, throw up a lick of paint, hide the disastrous side of things and essentially trick people into buying a lemon.
Dennis Knapp
how to figure repair costs and arv
15 January 2025 | 7 replies
., paint, flooring)Medium Cosmetic: $40-$60 per sq. ft.
Jasmine Thermitus
Primary to Rental Property
15 January 2025 | 15 replies
., the new RI rental registry and associated lead paint inspections/certificates).It's up to you whether you're able to do it, but I think you'll get a lot out of the experience if you can try it for a year or two.
Melissa Sejour
How do you research the best areas to invest in?
29 January 2025 | 11 replies
Online metrics can be good, but they wont paint the whole picture.
Desiree Rejeili
The BRRRR Strategy: A Comprehensive Guide to Building Wealth Through Real Estate Inve
24 January 2025 | 0 replies
Typical renovations include:Cosmetic Updates: Painting, flooring, kitchen and bathroom upgrades, and landscaping.Structural Repairs: Fixing any underlying issues such as foundation repairs, plumbing, or electrical updates.Efficiency Improvements: Adding energy-efficient windows, new HVAC systems, and better insulation to increase the property's overall value.The goal of the rehab phase is to increase the property’s market value while making it an attractive place for tenants.
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
Though we know you are not, an attorney can paint you as negligent and feckless which caused the tenant all kinds of problems.
Alan Asriants
Why BRRRR is not an effective strategy today...
31 January 2025 | 44 replies
We did some paint, carpet and light fixtures - and let the market appreciation do the heavy lifting.
Brandon Blackmon
Rates for a GC
1 February 2025 | 13 replies
Some flips you will only have the budget to paint, do new flooring, etc....others will justify a higher-end remodel to get the best ROI.You just need to get a Licensed General Contractor to go over your Scope Of Work and attach a pricce to what you want to do.Now, if you wanted more precise guesses at your budget, and gave us a Zillow link...we could actually throw some numbers at you.
Donyea Jenkins
DSCR Loan Question
30 January 2025 | 14 replies
If there is minor rehab (such as painting and cosmetic improvements) you can still close on a DSCR loan, however it may affect your appraised value, which could also affect your market rent if its a vacant property.