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9 March 2020 | 0 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.The repairs I have considers and their factors are as follows:Possibly Roof (due to recent hurricane in the area in 2018)Water Heater (over life-expectancy)Appliances (over life-expectancy)HVAC (over life-expectancy)Flooring (they look terrible in the pictures and not long lasting)PaintCabinet/CountersLanscapingSeptic System Replacement/Cleaning
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9 March 2020 | 5 replies
One house we lived in had an intense field in the middle of the master bedroom - the mains went under the floor.
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11 March 2020 | 40 replies
I had a tenant once who would ask me almost monthly to put down new flooring for him because he didn't like the color of the current tile.
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12 March 2020 | 2 replies
Currently looking at hard money buying a property doing the bare minimum painting in and outside, flooring, new cabinets, stainless steel appliances and some landscape.
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5 May 2020 | 6 replies
Property Details: Location: Long Island, New York Purchase Price: $330,000 Down payment: 3.5% PITI: $2,450 (Includes PIM)Invested Capital: $65,000Appraised Value: $425,000Rehab Overview:Main Floor: Living room and bedrooms: repainted walls, added base and crown molding, cleaned up framing around doors and windowsFloors: sanded and stainedBasement (apartment): Demoed entire spaceAdded a kitchen, bathroom, washer/dryer room, and legal master bedroom (Egress Window)Tenants Overview:I found my tenants using FB marketplace.
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10 March 2020 | 1 reply
During the process, he started working for a company that sends him to properties to give repair estimates - Windows, roof, flooring, etc.He was trained before going out into the field alone and now has a pretty good grasp on rehab estimates.
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14 March 2020 | 12 replies
Taking in account the cold, wetness with snow boots, etc. what would be the best bet for flooring.
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10 March 2020 | 4 replies
I am buying a multiunit rental and the rate I am getting is “ the rate will be calculated 5 business days prior to closing and will be fixed for 5 years at a rate of 275 basis points over corresponding federal reserve statistical release H.15 five year treasury constants maturity with a floor of 4.5%.
10 March 2020 | 4 replies
My capex budget includes but not limited to: roof 25 year life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, kitchen and bath remodel 20 year life spa, etc.
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30 April 2020 | 11 replies
Paint was just completed and they are installing cabinets this weekend and then doing flooring, tile, etc.