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Results (10,000+)
Pete M. Off-market duplex in Tacoma, WA - help me analyze
31 January 2018 | 20 replies
Cosmetically, there is very little to do.
Account Closed Oklahoma city rehab costs
29 January 2018 | 5 replies
I was hoping someone could provide me a general guideline as to how much I would expect to pay for a full cosmetic rehab in oklahoma.
Michael McManus Should/Can I raise rents right after purchasing this 4 unit?
30 January 2018 | 6 replies
The current rents and where I want to raise them is as follows:Unit 1: 785/1075Unit 2: 675/825Unit 3: 725/825Unit 4: 550/825To get max rents, slightly higher than my goals above, I'll have to do some cosmetic upgrades to 3 of the units when the tenants move out.The numbers I'm getting when running with the current rents are giving me just over a 5% COC return. 
Chris Fezza Washington DC Home Renovation
30 January 2018 | 4 replies
Currently the house just needs minor cosmetic work and I will begin renting it, but I would eventually like to do a full remodel.
Pascual Torres Duplexe deal analysis advice
30 January 2018 | 7 replies
This place seems like all it needs is cosmetic and new tenants. 
Jonathon Van Dine Looking for a Real Estate Investing Agent in South Florida!
31 January 2018 | 1 reply
Looking for duplexes or multi family places in the south florida region that have upside-mangement issues, vacancies, cosmetic issues, or low rents. 
Ashley Huff Buying a home with VA loan
29 January 2018 | 5 replies
They don't want you living in junk, they want you living in a decent place.This might be a bit dated, but will give you an idea.https://www.benefits.va.gov/roanoke/rlc/forms/ci_g...Looks like Chapter 5 is where you want to go.So if you just need cosmetics ...then that is a way to go. 
Youdo Thirakul What other numbers/expense to consider when doing a rehab?
13 October 2017 | 0 replies
We walked thru the house and estimated the rehab to be around 20-30k, mostly cosmetic, floors, paint, kitchen and bathroom with asking price 202k ( I will be doing most of the cosmetic and flooring myself along with my father).  
Eddie T. Case Study Of A Successful BRRRR
6 April 2020 | 14 replies
On the exterior we knew we needed a new roof.So what I had at this point was a 4/2 1492 sq ft built in 1996 in a sub division where I already own 3 other of these models so I could calculate in general numbers what the house would need being they were all built with similar layouts and finishes.Upon closing here is what the house needed to get back into rentable condition:While vacant home was broken into and all the copper plumbing stolenNew Flooring 1200 sq ftTwo bathrooms needed renovation since holes were made to steal plumbingNew water lines thru-out the houseNew light fixturesPaint interiorReplaced all the outletsNew Hot Water TankFix heart runs in the basementMinor cosmetic fixesNew roof I choose to go with metal roofs for the longevity and I am able to get them at the same cost as shinglePurchase Price 26kRenovation was 20kAll In 46kAfter 6 months I went to my banker to refi the property and it appraised for 86k they gave me a 80% LTV cash out refi 20yr term 10 years fixed at 5.5%Cash Out Refi          $68,000Cash in the deal      $46,000As you can see I was able to pull out more cash then what I invested by creating value I was able to pull an extra $22,800 Now I have had this property rented for over 12 months so I can give you my year 1 numbers:Gross Rents: $12,000Insurance             576Repairs                  138.77Supplies                136.22Taxes                   2517.47NOI before Debt  $8,633Debt Service         $5,616Cash flow              $3,017Now remember i have no cash left into this deal and I used the extra 22k of the cash out refi to purchase two more properties so my COC return is actually higher but for simplicity sake I am giving you simply numbers.Before Photos:After Photos:
Isaac El Trying to put a deal together and totally confused - HELP!
31 October 2017 | 4 replies
In my experience with residential, the more work that is needed beyond cosmetic the lower the profit at the end, which when coupled with the time required, ends up being a much worse hourly return on your time and money.With the added difficulty of the heirs not being in communication with each other and the rest of the hair on the deal, I would move on.When you first get started, I think most people don't respect the value of their time enough and haven't seen how high a percentage of deals apart.