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29 July 2024 | 7 replies
That always makes it so much harder to rent, or secure a great tenant.Here's my standard go to list now for long term rental updates:-LVP that looks like wide plank white oak-Ultra Pure white on all the walls-Vertical/ modern stack backsplashes and showers-Pop of color on the cabinets (pop of color can include black too)-Butcher block countertops (lower end) or white quartz countertops (higher end)-Modern light fixtures in brushed brassKeep it neutral still but a couple of style choices with the light fixtures (which are cheap) and it will appeal to the masses.Good luck!
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29 July 2024 | 0 replies
These updates modernized the home, improved its curb appeal, and substantially increased its market value.
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28 July 2024 | 5 replies
I know that is not always the case.Selling anything right now to have to buy another primary doesn't appeal given rates now vs. what we have, but to your point we might be able to do more with that cash vs. just leveraging equity & financing.I'll run some numbers and happy to share with more data.
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27 July 2024 | 4 replies
The Pocono region is a fantastic choice for an STR due to its appeal to tourists throughout the year.
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27 July 2024 | 10 replies
In this couple’s case, painting the house white and adding a bedroom were game-changers.Prioritize high-impact areas like the kitchen and bathrooms, and add to the home’s curb appeal.
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26 July 2024 | 0 replies
The strategic location and low renovation cost made it an appealing investment opportunity.
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26 July 2024 | 0 replies
The strategic location and low renovation cost made it an appealing investment opportunity.
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27 July 2024 | 19 replies
Additionally, Parma's proximity to Cleveland enhances its appeal, offering easy access to urban amenities and employment opportunities without the higher living costs associated with larger cities.
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26 July 2024 | 3 replies
Fast forward to yesterday(appraisals are done, waiting on underwriting) after a text from the realtor about signing a document that says I'm okay with him representing me and the seller, I called him and brought up the fact that I'd looked over the purchase agreement and the rental agreement and nothing was stated about the rent increase, but it was clearly stated that ALL rental income even prepaid rents (the warehouse was paid in full up front) would be prorated to the buyer (roughly 2200/month)I'm at a crossroads on what to do, part of me wants to just ask for earnest money and appraisal fees back and walk away, but the cashflow of $2300 (current rents not counting warehouse) on a $105,000 property just seems to appealing to walk away from, what do the more experienced investors than myself think
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25 July 2024 | 0 replies
The strategic location and opportunity to enhance the property's value with minor improvements made it an appealing investment.