21 June 2021 | 115 replies
That created a buying opportunity for investment firms, who purchased partially completed developments for pennies on the dollar.
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18 June 2021 | 2 replies
Nobody would lend to me with the pandemic so my wife and I bootstrapped and saved every penny we could.
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20 June 2021 | 13 replies
You could do the time consuming and painstaking tasks like filling in the holes left by finishing nails or sanding drywall between mud coats.
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19 June 2021 | 3 replies
Some Kilz odor blocking primer, a coat of paint and LVP throughout. 100k profit!
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6 July 2021 | 55 replies
The "White Coat Invester" holds a strong bias against life insurance.
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13 July 2021 | 6 replies
The chipping lead paint on my garage can be easily fixed by just vinyl siding over the paint or scaping the flaking paint off and applying a new coat.
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17 July 2021 | 7 replies
It looks dingy and needs to be "Turned".If it were mine, I'd do the turn and 100% repair everything, such as the back door allowing light through at the edges, the squeaking floor, etc... and there is not much kitchen counter space....Class-C's like to cook at home....perhaps extend the counter over to the stove, and maybe put in a bigger fridge, and a bright daylighter bulb in the kitchen.Also the living room floor looks wavy...I'd have that fixed, and remove the big brown shelf or put it in the laundry room over where the appliances go and paint it the color of the walls (but vinyl coated metal mesh shelving works better up there in a rental).That plus some (light) grey paint and "Properly installed" (non wavy) carpet.And look for Forever renter types...for a 1 br/1 (spacious) bath.Know your demographic, and know what they want.
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9 July 2021 | 31 replies
And, please put on your coat of armor for just a moment: the problem here is your lack of knowledge of construction and construction management.
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9 July 2021 | 5 replies
What if something happened to the tenant and they died, moved out, the list goes on and on.... any good real estate attorney would suggest that this money be kept in escrow, same with last months rent paid in advance, it is kept in escrow too until earned.We keep our escrow in a non interest bearing account, and the interest earned now in these accounts is pennies, so not worth doing anymore, plus more paperwork involved, because in Florida, we have to give tenants .75% of it!!