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9 September 2020 | 3 replies
Some of the small things I like to improve at turnover or purchase, mostly at little cost if you do the work yourself....Paint everywhere, new flooring if needed (LVP is great, but Home Depot free tear out and install of carpet is cheaper in the short term), new toilet seats and handle, new lighting in bathroom, new handles on all doors (I like brass nickel), new fixtures on sinks and showers, ceiling fans, change all outlet and light switch covers, cabinet hardware, replace appliances if needed, supply washer & dryer if appropriate, clean up and improve landscaping, new blinds, supply curtain rods so they don't destroy your drywall, paint the front door and or entryway.
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10 September 2020 | 1 reply
The appraiser didn't like how several of the outlets were installed and called them a safety issue.
23 September 2020 | 12 replies
@Theodore Kontos Thanks for the comment, I’ll look at those places.Also I plan to drop by a few cabinet outlet places to get pricing.
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10 September 2020 | 2 replies
@Jonathan KlemmYou’re exactly right about looking for a new outlet.
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12 September 2020 | 9 replies
A great deal of your cash throw off is subsumed into HOA fees potentially and these fees can change without your permission - additionally special assessments can be levied that can destroy any profit you have and you have no power to stop it - trying to sell a townhome / SFH or a condo with an unexpected special assessment on it or a large improvement project in the community that is projected to hike up the fees next year is challenging.Investing well necessitates your ability to pivot and retain flexibility to minimize your risk and leverage your asset or liquidate it when you need to - an HOA is not your best route.The lease restrictions in FL are so widespread because the state needs to provide economic stability to it’s residents because we have the most miles of coastline and therefore vacationers than any other state- if every residence could be rented at will it would obviously reduce the value of the property and precipitate all of the negative consequences of that.Hope that helps!
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20 September 2020 | 4 replies
The building I own is on along the river and we have had flood damage in the past, so not totally unexpected when seeing the high rate.My insurer: Wright National Flood Insurance Company.
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24 July 2020 | 7 replies
I recently learned how to install outlets to outside of house and install to the breaker box.
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1 September 2019 | 9 replies
Lots of unexpected in real life.
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28 January 2020 | 14 replies
Can you all please make some suggestions.Kitchen Cabinets: Castle WholesalersKitchen Appliances: AJ MadisonDrywallCarpetsSinksToiletsFaucetsFan/ Light FixturesHardware (Door knobs/deadbolts/ switch plates/ outlet covers etc)Thank you and hope this list will help others too for their rehabs!
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3 September 2019 | 13 replies
., do you have a plan in place to manage unexpected maintenance issues, vacancies, major issues?