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14 December 2017 | 77 replies
You can find full renos with the same bed/bath count anywhere from $85,000 to well over $160,000
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3 August 2016 | 8 replies
Most people who own rentals out here have them run as a bed and breakfast.
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18 December 2017 | 4 replies
if they do: then, figure out how to be direct: 1) direct marketing 2) door knocking 3) creating the value (adding sq feet) : for this one: you may buy a 2 bed 1 bath that does not make sense: say that rents for $1200 breaking even: but you then add a master bed : and now the home is 3/2 and rents for $1700 : it went up in value and now you refinance it: get your investment out and still cycle the money in that way.
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16 December 2017 | 5 replies
She washes all sheets and towels and makes beds.We have 5 beds in our 2 story 3 bed, 2 bath, 1700 st lake house.She also takes all the trash as we don't have trash pickup.Have had numerous people say how clean the house is.I just text her when I need house cleaned.If you pay a service you minimize your risk while paying for all the overhead.I got lucky finding a responsible person who does a great job for a great price.
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20 July 2018 | 4 replies
Anyone who has experience in Demo and rehab or rebuilds please get a hold of me. 1 bed 1 bath, Kitchen, bath needs to be redone, rip up the carpet and put down a floating floor.
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6 September 2017 | 6 replies
I have read smoke clings to the inside hvac coils so they may need to be cleaned to remove lingering odor...which is expensive, but I had a house and the 40 year owner smoked until her death and we didn't, we just put a gel odor absorber in the return air duct.
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24 April 2019 | 62 replies
You want to move up the 80/20 leverage curve from technician to investor/entrepreneur.In Bridgeport, CT and New Jersey the investment is about 10% of rents collected which frees you from taking resident phone calls, coordinating maintenance, leasing vacancies, accounting P&L's, conducting inspections and making property payments.Owners often times suffer from "death by 100 cuts" when having to handle all of these small items, missing opportunities to achieve bigger goals.
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11 September 2017 | 2 replies
Death of a neighbor,My mother's close friend and neighbor died last night.
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19 September 2017 | 1 reply
The home is a 3 bed 2 bath home in a decent neighborhood, built in 1994.
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1 December 2018 | 7 replies
We have a standard list of things that we keep in our 22 furnished short term rentals. 4 rolls of tp per bathroom, 3 bars of Ivory, 8 pack of deodorant soap.One towel for each bed, plus a few extra.Linens for all the beds, plus a spare set.Kitchen has dish soap, paper towels, pot scrubbing pad, dishwasher detergent, laundry detergent, bleach, cleaning supplies, and a 4 pack of light bulbs.Outside is propane or a small bag of charcoal for the appropriate grill.My cleaning lady does the work for free.