
15 July 2020 | 20 replies
Part of this cost is because they had to ‘level out the jamb’A charge to install a ‘custom toe kick’ along with painting it – basically my floors are crooked and there was a larger gap in one area that needed a larger toe kick.I responded back, and he takes a while to respond – on average its 3-4 weeks before I get a response from him.

16 March 2020 | 16 replies
Let me guess, sea sand used as in fill resulting in concrete breakdown???

13 March 2020 | 2 replies
My capex budget includes roof year 25 life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span.

13 March 2020 | 8 replies
I recently just finished a flip and a few larger remodels (we own a tile and flooring company) and have the money for another if not two properties.

13 March 2020 | 1 reply
They can install cabinets, floors, counter tops, faucets, lights, etc.

13 March 2020 | 2 replies
Hi Doug, I’m a newbie investor and I listen to Robin Thompson’s teaching CD’s, she is a rehab queen out of Ocala, FL she recommends independent contractors, electrical, plumbing, painter, roofing etc, the GC can be contracted for Sheet rock, flooring , dry wall etc, better protection for the investor to ensure timely completion of work with cost over runs

14 March 2020 | 2 replies
My capex budget includes roof 25 year life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span.

13 March 2020 | 3 replies
This just reduces your cash flow every month...but you're not coming out of pocket...and, the actual costs to the deal is insignificant.Example: Cost to replace roof = $5000Option #1: Replace in 5 years, when it starts leaking.Cost to you for roof: $5000Cost to replace/repair interior damage: $3000 (floor, paint, etc...)Interest on funds: $1800Total cost out of pocket: $9800Cash flow for 5 years (before roof repair): $5k/yr = $25,000Adjusted Cash flow for 5 years (after roof repair): $5k/yr = $15,200Option #2: Replace now, before it starts leaking.Cost to you for roof: included in purchaseCost to replace/repair interior damage: $0 Added O & I to purchase loan: $24/month; $288/yearTotal cost out of pocket: $0Total cost added to loan over 5 years: $1440Cash flow for 5 years (before roof repair): $5k/yr = $25,000Adjusted Cash flow for 5 years (after roof repair): $5k/yr = $23,560

13 March 2020 | 0 replies
We just discovered he dumped demolition material including sand and concrete in our backyard.

13 March 2020 | 2 replies
I see most people mention laminate floors in replace of carpet, fresh interior paint, bathroom vanity's, and updating the kitchen.