Charles Granja
How to handle an overage on a bid because of property management?
30 July 2022 | 2 replies
Replacing lightbulbs, and all blinds (1-2 hours of work)Small paint touchups on trim (30 minutes-1 hour)Fastening a couple fixtures, not replacing (30 minutes)8 small drywall repairs (3-4 hours)Replacing 2 transition strips (1 hour)Replacing 2 outlet fixtures (30 minutes)Service mechanicals (1 hour)Replace fridge rubber seal (unsure)Replace bracket on vanity door, bathroom (30 minutes)
Eden H.
[1st Time Investor] Sharing some Info about the Listing and
8 August 2022 | 5 replies
Given it’s to the studs I’d estimate about $100 per Sqft depending on quality of finishes + anything you need on exteriors and mechanicals.
Sam Zawatsky
Trim paint peeling off- what should I do?
1 August 2022 | 7 replies
As a result, we've been doing DIY as a defense mechanism.
Tyler Mehigan
Allow Me to RE-introduce Myself
2 August 2022 | 4 replies
I am a rising senior in college with a major in Mechanical Engineering.
Lisa Barnes
Is $12K a reasonable estimate for this new bathroom?
2 August 2022 | 7 replies
Paint the existing cabinets white, new pulls, and new ceiling fan.The house was built in 1996 and in good mechanical condition.
Jay Voorhees
What is the optimal down payment? Hint: It's less than you think
3 August 2022 | 3 replies
Mortgage debt over consumer debtBecause mortgage debt is spread out over 30 years, because the interest is tax-deductible in most cases, and because mortgage interest rates are so low, I almost always advise buyers to put less down if they have high consumer debt balances, e.g. credit cards, auto loans, etc.You can easily save hundreds of dollars per month by swapping high rate, short-term consumer debt with lower rate, long-term mortgage debt.4.
Jason Ortiz
80/15/5 Piggyback loan ?
11 August 2022 | 8 replies
If you have direct deposit with the credit union and set up auto pay for the 2nd the rate is .50% less so the payment would be $2,207.20.
Phil Jones
Newbie investor seeking advice
14 August 2022 | 19 replies
The price/rent ratios are unbeatable is solid blue collar locations.My personal rental portfolio is here and cash flows extremely well and is low maintenance.Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties.
Trent Reeve
Money set aside for Investment STR - how to evaluate purchase
18 August 2022 | 15 replies
After that we were in the green and getting greener.....This should be auto reply to every STR question about low occupancy on EVERY forum/social media.
Tyler Immeker
My first home/investment property? How much should I spend?
17 August 2022 | 9 replies
Here is my step-by-step advice for you.1) Get your income as high as possible with your W2 and pay off any 'bad' debt (unnecessary credit card, auto, personal loans).