
13 September 2015 | 13 replies
Comps are def something your agent can help you with but you will want to compare things like, sq footage, number of bedrooms, number of bathrooms, etc.

12 September 2015 | 8 replies
Property has had $4000 for tenant make ready when I got it last year1 unit had new floors installed in the bathroom recently-around $1000Property is free and clear Asking Price $30,000No work needed and all 3 units are fully rentedMy lender rates are 5% interest rate and loan is to be paid back in 4 years. loan-$30,0004 year interest rate-$6,000total loan-$36,000Monthly Payment-$750Total Monthly Income-$1515$1515-85.00(insurance)-$30(grass)-$151(management fees)-$150(utilities)=$349 Cashflowis that a good deal or is it not worth the time and effort??

12 September 2015 | 0 replies
The roof, landscaping, and bathroom need to be redone.

1 October 2015 | 42 replies
Some upgrade touches in the kitchens and bathrooms usually is enough to get them to sign on the lease.In Memphis, I've started with a massive rehab project.

15 October 2015 | 12 replies
One of my big goals is to to purchase a 4+ bedroom, 2.5+ bathroom single family property in Marlton at a price of no more than 70% ARV by May 1, 2016, fix it, and then either turn around and sell that property for a minimum profit of $30,000 within 5 months or use Brandon Turner's BRRRR strategy and rent it out within 4 months.

16 September 2015 | 4 replies
I am looking for reasonably priced but quality cabinetry and appliances for a full kitchen and bathroom remodel.

7 October 2015 | 80 replies
But taxes are about 10-12k per year on this property and the previous homeowner was delinquent for several years)Cash for Keys: $20,000 (The homeowner agreed to vacate by a certain date to avoid a drawn out legal process, which they threatened to do)Cleanout: $750 (The place was a complete mess)Initial Cleaning: $150 (I at least needed to get the place tidied up a bit before painters would come)Kitchen Repainting / Spraying Makeover: $11,500Fresh Paint on Most Rooms (Ceiling, Walls, Trims): $12,500Hardwood Floor (Sand, Stain, Re-finish): $4,500 New Carpets in all 4 bedrooms: $4,500Lawn Debris and Hydroseed: $6,000 (and weekly lawncare until sale but that was cheap)Electrician: $1,000 (Smokes Inspection and fixed a few recessed lights + other minor)HVAC: $1,000 (Garbage Disposal Replacement, HVAC filter replacement + othersWindow Cleaning: $500Mold Remediation: $1,000 (Bathroom Ceiling)Carpentry: $5,000 (Bunch of stuff)Miscellaneous Materials: $2,000Final Cleaning: $300Staging: $4,500New Washer and Dryer: $1,000 Total: ~$600,200 (+- 2-3k)Listed Price: 669,000Sale Price: 644,500 After broker + legal Proceeds: 606,000Profit: ~6k Time Held: Bought in April, Roughly 6 Months.I didn't make much from this deal, but the experience I got was awesome.

1 October 2015 | 14 replies
Hi BP, need a spot of advice for a bathroom reno in a duplex.

21 September 2015 | 1 reply
They are both rental ready but my long term plan would be to increase the 1.5 bathroom to 2 full bathroom. 1 of the kitchens would need to be updated and the other is pretty good.

27 September 2015 | 2 replies
@Brad SmithStudent rentals can take several forms - we have houses we rent out as a single unit; apartments in a multi-unit and rooming houses where we rent furnished rooms.How big is the house: number of bedrooms, bathrooms, kitchens?