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Results (10,000+)
Jennifer Petrillo Central NJ 3/2 SFR flip, 40K profit
6 September 2017 | 6 replies
Purchase price 147KListed for 299K, sold for 285 (went under contract for 290 but dropped it another 5K at buyer request after the appraisal just to get out of the deal)Home Depot credit card: 10K (appliances, fixtures and other things we picked out and purchased ourselves rather than having GC use typical builder grade stuff, also husband did some of the work himself so bought his own materials)Brought 40K of our own cash to the closing table, loan total when paid back was 185 (original loan 175 plus 10K in accrued interest, 12 month balloon loan so we did not have to make payments during the rehab, which helped a lot with cash flow, also loan had rehab costs folded in so for the most part we paid our guys out of the loan and not our own pockets)So (numbers are round): 285 sale price - 185 (loan payback) - 40 (cash we brought to closing) - 10 (Home Depot card) - 10 (closing costs) = 40K profitWork done: insulation and vinyl siding (this ate 18K of rehab budget but was unavoidable as cedar shakes were disintegrating), converted to natural gas heat (ducts already in place, changed out electric hot air blower to gas one and gas company ran the gas from the street for free), replaced AC compressor, new water heater, two new bathrooms, replacement windows, new appliances but left the wood cabinets b/c they were in perfect condition and I could not justify painting/replacing them, new kitchen backsplash, removed wall between kitchen and dining room, wood laminate flooring throughout except for new carpet in downstairs den, painted the deck/railings, new garage doors, one new slider, all solid wood interior panel doors, of course fresh paint and new light fixtures throughout.dining roomThere was moisture damage downstairs from bank not winterizing and pipes bursting...thanks, bank.Hauled out enormous old woodstove and broke up ugly old hearth and left good flue for someone to add new pellet or woodstove to if they want to, we figured not everyone wants a woodstove and this way the buyer can decide to add one back if desiredBathroom off downstairs den, chose a walk in shower for variety, hosing off dog or muddy children, disabled access, etc. 
Ron Holly Wood Stakes for Bandit Signs
18 July 2017 | 4 replies
About the only ground you can't push them into is frozen ground.If you do use poles, be sure to avoid anything like street lights, signals, traffic signs, etc.
Ryan Phillips Security Deposit, the age old quesion of how much to deduct.
11 July 2017 | 5 replies
Ryan Phillips I would add that you should have a cost sheet for every possible turnover item, down to changing a light bulb (I charge $5).
Kristina Inglis First OOS BRRRR in Pittsburgh - advice?
26 September 2017 | 1 reply
Expected renovations include: new windows, new flooring (carpet throughout mostly but a few rooms have hard wood), new paint throughout, landscaping/small patio work in back and stone work along steps and walk way, new light fixtures and other cosmetic items, possibly some repair to the slate roof and new kitchen (new cabinets, flooring and appliances).    
John D. Pool software / app that works well for rentals
2 October 2017 | 0 replies
This app can also control the pool lights, jets, and allow you to set up schedules to turn things on and off at certain times, etc.     
Vick Galu Business Cards
23 October 2016 | 19 replies
I've seen the printing quality and maybe with the exception of color matching (my skin tone came out a little pink on the VistaPrint cards), their print quality is about the same.
Kyle M. Rehab to Buy and Hold
18 August 2014 | 37 replies
For example, all the light fixtures may work in the property (so they won't show up as an issue on the report), but you still may want to change them all so that they are new and updated.  
Kavi S. Bostonian checking in!
24 August 2014 | 12 replies
I'm a software engineer by trade, and asking a question on those forums is... well... rough.Anyways, my name's Kavi, I actually don't live in Boston, and my favorite color is blue.
Christopher Cole Lurker emerging from Arlington, VA by way of Denver
23 August 2014 | 9 replies
I installed a/c in both units, painted, and replaced fixtures (light switches, electical outlets with nice white ones, doorknobs with nice steel ones).  
Nik S. ConstructionProposal....Fair Price?!
10 September 2014 | 25 replies
You could roll on a solid color stain pretty quickly every couple of years to keep it from rotting and keep it looking nice.