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15 December 2021 | 2 replies
If they move in and the carpet is 10 years old, they live there 1 year and on move out you decide it needs to go, would you charge that 1 tenant who used that carpet for 1 year the cost of all new carpet?
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23 December 2021 | 12 replies
For rentals, you do want durability so avoiding carpet is a plus and quality counter tops that last is also beneficial.
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17 December 2021 | 9 replies
I don't really have urine issues as all the flooring are hard porcelain or ceramic tiles, not carpet or wood.The issues with dogs that I have personally experienced are ripped up sprinkler wires and valves in the yard, craters in the yard, ripped down window blinds and draperies, kitchen cabinet doors with hinges pulled off, interior doors or cabinet doors with corners chewed off, claw marks on baseboards and door trims, neighbors complaining about excessive barking, property maintenance or appliance repair or others trying to service the property hesitate to enter property due to hissing and barking aggressively, property insurance carrier's unannounced inspection requiring dog breed/vaccination/wellness records etc etc etc...So all things considered I have disallowed dogs but not cats.
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24 January 2022 | 3 replies
Purchase Price: $215,000.00List Price: $325,0000.00Sale Price: $329,000.00Financing Information: Private money How the Deal was found: Off Market/ FSBO Negotiated down from $250,000.00 to $215,000.00Value Added to the property: Value added by installing vinyl water resistant flooring, renovating sunroom, renovating bathrooms (not full renovations), new carpet in the bedrooms, new trim/baseboard, knockdown texture, new paint, new outdoor carpet for sunroom, and updated detailed work etc.
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17 December 2021 | 0 replies
The took out some carpet squares and set up blowers for a few days, but they haven't yet given us an estimate.
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21 December 2021 | 4 replies
Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!
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20 December 2021 | 10 replies
More expensive then carpet it holds up better.
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24 December 2021 | 7 replies
So now subtract that number from your remaining profit… and don’t forget the cleaning costs in between tenants… maybe some carpet cleaning at $100, and a house cleaner at maybe $150?
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1 January 2022 | 12 replies
Needs landscaping, new carpet, new roof, new indoor or outdoor paint job, a little plumbing work.
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19 December 2021 | 0 replies
3500 in renovations from savings, new carpeting, paint, fixtures, doors, blinds/curtains, baseboards, heaters, refinished cupboards, new flooring, closet doors and organizer, electric fireplace.