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31 December 2016 | 3 replies
I'd hate to have to spend 30K on a new roof, 40K on a kitchen remodel, 15K per bathroom on EACH bathroom remodel, paint, carpets, etc. as it needs updating over 30 years...I figure pooling it is kosher since there I operate the rentals like a multifamily as a single owner.
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31 December 2016 | 1 reply
Carpet is shag from the 1970s, and grandma has been unable/unwilling to clean stains out for a few decades now.
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2 January 2017 | 7 replies
The house was buit in the 50's and they really went with a 50's style flowers crazy carpet wood everywhere etc.
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13 January 2017 | 29 replies
Repairs: We estimate about 40-50K Dollars to make all the units perfectWhy is it vacant & when was the last rental: Not sure and the realtor has not picked up the phone, being a holiday and all, but it looks like they tried to do some work on it, because there is no carpet, and A/C units need to be placed, needs painting, drywall work, bathrooms, kitchens, electric, etc.
2 January 2017 | 10 replies
I don't have a GC as I am doing the carpet and paint purchases on the MLS thus far.Good luck!
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8 January 2017 | 10 replies
That can get very messy using a SDIRA.
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5 January 2017 | 3 replies
If I do the usual move out routine of cleaning, painting, replacing carpet etc., we will be able to easily raise rents by about $200 per month.If we do more of a remodel, i.e., replace cabinets, update bathrooms, new base boards, new upgraded interior doors and maybe reconfigure the interior we could probably raise rents by $400 or more.
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6 January 2017 | 6 replies
Do you have any carpet guy you can recommend?
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9 October 2016 | 1 reply
We accepted with a counter of all carpets and house professionally cleaned.