Brennen Cook
Sacramento House Flip Renovation Cost
20 January 2014 | 12 replies
The rehab I did on this house included new flooring, painting the entire house (interior & exterior), extensive pest (termite) control and remediation, landscaping, all new windows, bathroom remodels (tear down to studs), complete kitchen remodel (new flooring, new canned lighting, cabinet refinishing, granite counters, all new stainless steel appliances, etc), plus an endless amount of cosmetic work inside and out.
Derek T.
Exactly what are you looking for with new construction
1 April 2014 | 2 replies
**Ideally if I can find a tear down that has the proper existing setbacks, foundation and utility hook ups than that would be ideal to save from a lot of these pre-construction costs.Is this pretty much on the right page in doing due diligence for development and how do the more experienced developers evaluate lots/land when it comes to wetland, toxic waste, endangered species or other issues?
Justin Fox
Depreciation of appliances, fixtures.
26 January 2016 | 10 replies
You can depreciate used appliances, just find the fair market value and apply wear and tear.
Enrique Jevons
Are you having tenants fill out a W-9 Form?
19 November 2020 | 11 replies
A deposit cannot be withheld for normal wear and tear.
Robert Steele
Does your city have a rental registration program?
24 June 2020 | 35 replies
They look behind the furniture and the bed (checking for outlets without covers).I heard from another landlord a couple years back that the City of Garland made him spend thousands tearing up and replacing a concrete patio because there was a crack and it was a trip hazard.
Jonathan Thrasher
first flip failure, embarrassment, and lawsuits. yay
20 June 2018 | 4 replies
I agree it was a mistake to tear it down.
Alex Polonsky
Duplex analysis - 2 units with potential studio in back
29 July 2018 | 11 replies
As for the studio, it’s a big risk because let’s say you rent to a bad tenets that doesn’t pay the rent and then calls the city on your “illegal studio” now you lost $500 rent that you were depending on and have to tear down the studio.
Victor H nieves
MEMPHIS INVESTMENT PROPERTIES Case Study
15 October 2022 | 148 replies
I am going through this right now in Madison MS.. it was a new construction I bought 12 years ago same tenant the entire time.. normal wear and tear .. and the bids I am getting are 18 to 23k.paint in and out.. new roof.. new counter tops all new carpet etc etc.. so that's basically about 2k a year.. your only putting 1k ...
Jon L.
Tenant's personal indoor AC unit leaked. Damaged flooring
17 January 2018 | 9 replies
The tenant is responsible to pay for these damages... it's not normal wear and tear.
Elizabeth Matos
Unpermitted Enclosed patios in Riverside County
26 February 2017 | 3 replies
Fannic Mae's bank have paid all the penalties and as the new owner I either need to bring them to code or tear them out.