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31 May 2017 | 31 replies
@Mike DymskiHi Mike,I didn't want to go off-topic but I'll answer your question in regards to forced appreciation or market appreciation.1) Forced AppreciationGenerally, I don't actually take this into account in my calculations because while it is a real value increase, I'm going to instead gauge how it affects the rent roll.
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25 May 2017 | 1 reply
What has work for me in the past is just picking a few target zip codes pulling how many cash sales are in that area then deciding if It would be a good area for me to farm numbers and start calling around to gauge motivation!
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25 May 2017 | 0 replies
Of course my neighbor moved in just as I finished the project - they own one of the largest plumbing companies in town ...Remodel included : Kitchen: $6,500- IKEA cabinets $3,500- sink and faucet $750- garbage disposal $350- counters were concrete and fabricated by myself $1,000 - wood trim finish $500 (opened up the kitchen pillar and island)- coffee bar $400 - appliances were re-purposed from my fathers rental (free) valued at $3,000Main bath: $3,300- over-sized jet tub $600- vanity $750- lighting $200- toilet $250- shower tile $750- Instant hot water (main house) $750Master bath: $4,200- Glass shower $1,000- Vanity $1,000- Instant hot water heater $500- toilet $200- lighting $500 - tile $1,000Master suite: $4,550- Split unit A/C donated by neighbor, install $500- Kitchenette $1,000- Fridge $100 (craigslist)- Engineered beam $1,000- lighting $1,200- Custom door $750Demo/Hauling: $2,500Flooring: $9,000- Wood plank tile in whole house (2,000 sqft) $2/sqft material $2.50/sqft labor Plumbing: $10,000- main bath $2,000- master bath $3,000- kitchen $2,500- water system $1,000- kitchenette $500- miscellaneous $1,000Electrical: $9,000- main panel and sub panel $2,500- House rewiring $2,500- Can lighting $2,000- Well pump wire $500- Miscellaneous $1,000Drywall: $3,500Professional paint interior: $2,000Water system: $5,100- softener $2,000- carbon tower $2,000- Reverse osmosis $600- Pressure tank for well $500Back deck $2,000Insulation $4,000- Sheds $2,000- Main bedroom $2,000I'd like to note that I would not have renovated as thoroughly or with same high end materials if this was a pure fix and flip.
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25 August 2019 | 12 replies
,Something you can do for yourself is attempt to engage storage units in your target market and gauge the availability of empty units.
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30 May 2017 | 30 replies
Thanks @Matthew Olszak, they have me dead to rights on the CRLTO violation, but just applying pressure with a 5-day notice while also sending them emails with generous offers (though not as generous as the CRLTO penalty).
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1 June 2017 | 9 replies
They have amazing techniques to solve foundation problems; from those long screw augers to pumping high pressure concrete into the ground.
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13 March 2019 | 1 reply
I was out on my property and came back up and the fence stops at a certain point so I stood in the edge of the tree line and just gave the trailer a once over a while back to gauge how long it had been abandoned based off of the overgrowth.)How do I find out about back taxes and liens?
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5 June 2017 | 15 replies
We put the pressure on ourselves and made sure the numbers worked.
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2 June 2017 | 8 replies
Rezoning increase Inventories of its class, which mean deflationary pressure on $ price/sft ?
3 June 2017 | 2 replies
I trying to gauge interest?