To me paint is paint 50.00 changes a room color other people ooh and aahh over decorations that will move with the current owners.

1. every house needs something have you factored in you fix up cost at min you need paint and carpet.2. your paying too much for it3. you are contradicting yourself how can you have the seller carry back the mortgage if they want out?

I'm interested in turn key properties and not fixer uppers (painting and carpet is fine, and minor repairs I can deal with) no major fixes though.My goal would be to acquire control of properties and rent these properties and produce an income after my expenses.This would be the price area:$50,000 per home single fam. residential 2-3 Bed bungalo, rent for $700-850/month.

When the Midigator has a Completed Package they tend to work on the file with least resistance.

Besides the things that are visible, appliance, paint, flooring, there are a whole series of "hidden" things that really add up and can make a house more valuable.These include but are not limited to:Higher efficiency HEATING unit.

We did not have too much to do to rehab, some paint & carpet mostly.

They're not disclosing ANYTHING to me that they would not disclose to any other interested buyer, ie; what's on the "Seller's Disclosure Statement".Agent: "cash, I have a listing for $44K, seller's disclosure states,'roof leaks', IMO it 'may' need carpet and paint.

Henry,I think our form is about 10 pages including lead paint disclosure.

I spent the next 8 years gutting, rewiring, replumbing, roofing, drywalling, painting, etc., while working a full time job and raising 4 kids.

ok I have this place that I'm looking at for my own personal home. it's REO and listed with an agent, they are asking 197k for it.its 3br/2ba, 1660 sq ft...theres confusion on that too I've seen an old mls from 2002 stating it was 1800sqft tax roll shows 1660 2br/1 baththe property is another issue, this broker says it 1.1 ac, the prop survey is showing 4.5ac, an old mls has it as 3.5 ac...so it really needs a survey to be sure. i know for sure it's much more than 1.1acanyway, its a modular home, either 1994 or 1999 depending on who you believe. it needs some repair, new air unit for sure (3k), new kitchen (3k)probably carpet, paint, mostly cosmetic. so i figured 15k for conservative figures. comps in the area are going for about 190-230k in full working order. it's tough to calculate ARV when the surrounding area varies from 80k to 1.5milso this is what i calculated.....195k and its an REO, so 30-40% off or 70% or arv = 136.5k - repairs (new heat/air 3k. carpet 2k , paint 1k , kitchen 3k, 9k not including what I havent seen) I figured bout 15k to be safe. which brings me to 136.5 (-15k) =121,500 fair value depending on the amount of property could be another 15-30k an acre depending on who it belongs to .