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20 February 2025 | 1 reply
There were many challenges that came about after the inspection; from outlets that were not up to code, possible water leaks above the shower head in the ceiling, water pipes from bathroom vanity was the same as kitchen sink with no shutoffs, etc.
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6 February 2025 | 1 reply
By adding an extra bedroom, and opening up the 2nd unit by restructuring some of the walls, switching around some of the rooms in the first unit to make it more inviting and give it a larger kitchen.
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14 February 2025 | 0 replies
We added value by updating the kitchen, bathrooms, and flooring, while also improving the property's curb appeal.
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10 February 2025 | 9 replies
Having said that, this is ultimately why I keep pricelabs, it gives me a structure to easily adjust prices via seasonality which I did not have before, it also continues my prices beyond the 12 month window - this helps if I forget to adjust future pricing and then the platform goes back to my default base rate kind of thing.Having said that I am no master or expert of PriceLabs.
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20 February 2025 | 10 replies
Buy box: Location: Approx. 30 min drive to Boston Heights, for workNeighborhoods: Decent walkability score - not far from shops/restaurants/trendy neighborhoodsIdeal tenants: Close to hospitals/universities/schools for professionals/students/familiesBudget: $175-250K - Buying w/conventional loan, 5% down/ approx 20K reno.Property type: MFH 2-4 units - preferably side-by-side, with a yard we can fence for our dogUnits: 3+/1+ - better if 1.5/2 bath per unitTimeline: Plan to live there for 2 years, but possibly only 1 year if we find another investment opportunityGoal: Focus on appreciation - would like to see cash flow in year 2-3 (the year we move out), including overhead (Vacancies, Maintenance, Utilities) and budgeting in PM if eventually we don't manage ourselvesValue add: Opportunity for some forced appreciation, but not a full reno - cosmetic upgrades and updating kitchens/baths while we live in one unit.
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18 February 2025 | 17 replies
I haven't gotten serious yet and don't have a local agent, but I have been window shopping and may reach out.Hi @James Bing, yes I manage my own properties by leveraging technology & local relationships to automate the self managing process.
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11 February 2025 | 183 replies
Taking advantage of this investor friendly window would be worth it!
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10 February 2025 | 0 replies
New kitchen, bathroom, counter tops and appliances throughout the home, including new HVAC.
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12 February 2025 | 0 replies
Improved Landscaping, LPV Flooring, new kitchen and bathrooms.
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15 February 2025 | 21 replies
We don't spend anywhere near that much nor do we go through 2k worth of linens, kitchen stuff or furniture.