- Japeth Carter[Beverly Hills, Los Angeles, Burbank, Santa Monica, Malibu, Pacific Palisades, Glendale, Sacramento, San Diego, San Francisco, Seattle, Phoenix, Las Vegas, Vancouver, British Colombia, Dallas, Houston, Austin, Miami, Jacksonville, Orlando, Atlanta, NYC, Brooklyn, Manhattan, New Jersey, Charleston, Charlotte, Chattanooga, International]

I am an investor in Miami  that invests in multi family property.

Add ductless mini-split units for heat and cool - $10,500Would any particular option have a greater ROI?

We found a bunch of leaks under sinks, two main heat pipes, and had to replace 2 hot water heaters & 2 boilers before moving in. 

😆 Hi Mark,The high number of cases in FL that you are hearing about on the news is in the more southern counties of the state around Miami/Dade, Broward & Orlando counties.

I graduated from MIT in May and moved back down to Miami to spend the quarantine.

So lets start with a Cosmetic rehab-(lets say it includes) Updating everything in the bathrooms, updating everything in the kitchen, new paint, new floors throughout, new trim where needed, new int and ext doors, new light fixtures, drywall repair where needed, new outlets, landscaping clean up, putting in a few new windows, power washing the house, servicing all mechanicals, inspecting all electric and plumbing.Lets go by sqftSingle family:single story houses up to 1500 sqft- about 6-8 weeksSingle story houses 1500sqft-2500sqft- about 8-10 weeks single story houses 2500sqft- 3500 sqft- about 10-12 weeksTwo story house up to 1500sqft- about 7-9 weeks two story house 1500sqft- 2500sqft about 9-11 weekstwo Story house 2500sqft-3500sft about 11-13 weeksMulti Units:2 unit 2000sqft-3000sqft 10 weeks-14 weeks2 unit 3000sqft-4000sqft 14weeks-17weeks3 unit 3000sqft-4500sqft 15weeks-18 weeks4 unit 3000sqft-4500sqft 17weeks- 20weeksNow lets say it was a full gut rehab (all items from cosmetic) plus running all new electric from panel to the outlets, all new hvac forced air or boiler both heat and ac, and new plumbing through out.

Not sure if its just me but it seems supply/demand is starting to heat up the OKC market.Who here also operates or wholesales in OKC?

Purchase price: $700,000 Cash invested: $18,000 Beautiful Four separate 3 bed 2 bath, 1567 Sq Ft, ICF, 6 Star, concrete in-floor heating homes.

There was a T.V. news story in maybe 2018, that many had bought house trailers in previous decades, & placed these trailers in trailer parks, west of Miami City, having to pay rent, due to they could not find land for sale, near to the jobs they held.