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8 August 2022 | 7 replies
For my first deal, I would personally look for a property at a higher price point (nicer asset/neighborhood), needs work in the dollar amount of no more than half of what I paid for it (less room for error and mainly cosmetic items), and has a reasonable spread based on comps after taking into account all expenses on a 6 month hold (so I can at least try to break even should unexpected circumstances arise).
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10 August 2022 | 66 replies
Older and more seasoned agents routinely were told that VA loans are not good loans because it requires them to do slightly more work.
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3 August 2022 | 7 replies
It needed primarily cosmetic fixes and was an absolute steel!
28 July 2022 | 10 replies
This tenant also routinely caused issues for the neighbors.
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5 August 2022 | 2 replies
House hacking this with two roommates while I update some cosmetic items around the house.
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7 August 2022 | 1 reply
Full cosmetic renovations are easier.
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7 August 2022 | 3 replies
Assuming the latter and you are doing rentals, I'd buy something that is more turnkey and needs cosmetic work (eg do new paint and flooring).
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7 August 2022 | 0 replies
I want to spruce up the place anyway for some forced appreciation, but was trying to keep things like that mainly cosmetic.
19 August 2022 | 16 replies
Typically will need do atleast some cosmetic updates to make deal work.
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28 July 2022 | 5 replies
Both units need a lot of cosmetic work/upgrades to get top rent.