Pratik Kochar
Electrical Upgrade from 100 amps to 150/200 amps
31 May 2024 | 6 replies
I am looking in Smyrna, GA area and I am more inclined to upgrade them as I will remodeling entire kitchen and hence do not want any trouble with load on the circuits.
James D.
Houston Contractors for Investors
30 May 2024 | 2 replies
Hi Wale, I’m interested in any contractors you might recommend for a Remodel that is currently Dow to the studs (property had a fire) Thanks in advance, much appreciated!
Kim Kelly
Where to Start with 75k Cash & 850 FICO score?
30 May 2024 | 12 replies
Since my main profession is office management for a residential remodeling company, would flipping to build up more capital be a better place to start?
Nazari Henderson
Just launched my wholesaling business Lets connect!
30 May 2024 | 4 replies
If I am not working on my own project, I am most often doing some form of carpentry or remodeling for a client.
Tarcizio Goncalves
Capital Expense or not?
30 May 2024 | 9 replies
These expenditures are capitalized, meaning they are added to the property's basis and depreciated over time.Examples of Capital ExpendituresBuilding Additions: Adding a new room, deck, or other structural improvements.Major Renovations: Remodeling a kitchen or bathroom, replacing the roof, or significant electrical and plumbing upgrades.Appliance Replacement: Installing new HVAC systems, water heaters, or other major appliances.Structural Repairs: Replacing the foundation or significant repairs to the building’s structure.Labor CostsLabor Costs: The costs paid to contractors, electricians, plumbers, carpenters, and other professionals involved in the renovation are part of capital expenditures.Example of Capital Expenditures with LaborSuppose you renovate a rental property, including a new kitchen and bathroom.Materials: $15,000Labor Costs: $10,000Total Capital Expenditure: $25,000This $25,000 would be capitalized and added to the property's basis.
Steve Cook
Property Management - Repair Mark-ups?
31 May 2024 | 44 replies
It is the amount a business charges above their direct cost.If your contractor has a 1.50 markup (which is reasonable for a remodeling contractor), that means that if the estimated cost for a job is $10,000, they'll multiply the $10,000 x 1.50 and arrive at a $15,000 sales price.Now many people who know little about business and even less about the costs of running a business will say, "Oh, look at that crook.
Gordon Vaughn
The Best Kept Secret For Bidding On HUD Homes
5 June 2024 | 274 replies
The appeal of the house is it's had massive remodeling done in the past 4 years upstairs and is completely modern there, just had some poor craftmanship on a couple areas (tile work primarily).
Jarod Forsha
What would you do in my situation?
30 May 2024 | 6 replies
., trades, remodeling, permits, taxes, settlement process, etc.).
Andreas Mueller
High Interest Rates vs Gov Spending. Who will win the inflation fight?
30 May 2024 | 6 replies
Nationally, costs for home repair and remodeling rose +39.9% between April 2019 and April 2024.
Matthew Rogers
2021 North Dakota RE Market Forecast
30 May 2024 | 47 replies
I am currently in the mix on picking up 2 apartment buildings and a duplex in Minot ND. as well as starting to buy fixer uppers and remodeling them. i would love to connect with Minot investors and talk about property managers and who is preferred in the area.