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23 February 2025 | 3 replies
Needs new everything floors, kitchen, bathroom, paint, roof, landscaping and also has termites and a tentant that's not currently paying rent, for a 1000 sqft property they want 160,000 for it, but my comps say for a rehabed house in similar sqft property in that zip code would sell at 220,000k and I would say it needs atleast 65,000 to 75,000k in repairs so my offer price was at 100,000 to 110,000 and the buyer will not entertain my offerI would like to offer more but if there are any surprises I'd like to be prepared for those cost during the rehab process.
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21 February 2025 | 10 replies
Sell as a rental property and 1031 into your future retirement home/current investment.2.
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12 February 2025 | 43 replies
Jason Hartman and team referred me and is currently happy with them so I would say they're a safe bet.
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23 January 2025 | 2 replies
Because counties usually set the fair market value of properties about 15% below the actual sales value.
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14 February 2025 | 1 reply
Rent your current place(if it makes sense).
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11 February 2025 | 0 replies
.○ Purchase Date - 10-15-2020○ Purchase Price - $230,000○ Original CoC 4.8%○ Current CoC 15.04%○ Current Value - $400,000How did you finance this deal?
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10 February 2025 | 4 replies
They are currently in the middle of a quarter billion dollar multi use zoning project.
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21 January 2025 | 4 replies
Hi Isaiah, I am based in Fort Lauderdale and can speak to the local market directly.
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23 February 2025 | 16 replies
Less mistakes, connections for materials, lower contractor prices,etc)If you want to check out the full scope of work you can see it BELOW 👇 General Work Remove all old carpet and dispose of it. Install new laminate or vinyl flooring. Screw down all floors and level them to prepare for laminate. Remove existing baseboards and install new baseboards. Install new decor outlets and light switches. Secure all ceiling sheetrock, spackle, and paint. Sand, spackle, and paint the entire apartment. Sand and paint all doors. Install hardware on doors. Adjust and fix any closet hangers and shelves. Paint all closets and install secure wooden shelving. Install blinds on all windows. Install curtain rod on balcony door. Haul away any demo/trash – Owner pays for cost of trash – contractor to provide all the receipts Pick up any/all materials for project and deliver to jobsiteKitchen Install new cabinets. Remove soffit and half wall, reposition outlets and switches. Extend half wall to match hall. Install bar island (12 inches) on half wall. Install two pendant lights above the half wall. Install new tile on kitchen floor, including floor cement board and tile. Install new appliances (refrigerator, range, microwave, dishwasher, and garbagedisposal). Run dedicated electrical lines to the refrigerator, range, microwave, dishwasher, and garbage disposal. Install faucet and cabinet hardware. Install all necessary plumbing Install backsplash. Move outlet from behind range to more optimal location Install GFCI outlets within 4 feet of each other along counter space.o At Least two dedicated lines – all on GFCI breakers and at least one GFCI outletper circuit Install dedicated electrical circuits as follows:o Microwave: Dedicated 20-amp circuit (12/2 NM wire with a ground).o Garbage disposal: Dedicated 15-amp circuit (14/2 NM cable with a ground).o Refrigerator: Dedicated 20-amp circuit (12/2 NM wire).o Gas range: Dedicated 120-volt, 20-amp circuit (12/2 NM cable).o Dishwasher: Dedicated 15-amp circuit (14/2 NM cable with a ground).Bathroom Demolish existing bathroom elements. Install new cement board on floor and tub surround.o Seal with cement tape and red guard Install new fan, light, mirror, vanity, and replace toilet lid. Remove old tile and install new tile. Install new hardware and replace any old drain and supply lines. Install niche and tile from bathtub to ceiling. Install new bathtub and GFCI outlet. Light and fan on same switch Install all necessary plumbingLiving Room Install sliding door board trim. Install spot lights. Install 3-way switches in the hallway, living area and staircase (where marked). Install new air vent covers.Hallway/Staircase Install 10-inch LED light. 3-way switch (one near kitchen other near bedroom) Place laminate with Metal bullnose Install spotlights over staircase and one at landing at the bottomo lights on 3 way switchesBalcony Paint railing. Replace lightBedrooms Install spotlights in bedroom (up to four per bedroom). Install new fan. Spackle, sand, and paint. Paint closets and shelving, ensuring proper installation of shelves. Install spotlight in walk-in closet.Outside Paint stair railing. Install or repair 2 doorbells. Install or repair 2 exterior lights.Materials Included Cement/hardy board, drywall material. Granite slab for countertop and bar. Kitchen sink (D shape). Setting materials (thinset, grout, drywall tape, red guard, etc.). Baseboards, door, and balcony trim. Plumbing materials (excluding fixtures). Fastener screws.Total labor cost: $13,000
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20 February 2025 | 1 reply
Current Market ConditionsPhoenix has long been a hotspot for real estate investors, particularly those interested in fix-and-flip projects.