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3 December 2020 | 7 replies
I currently have a 0% ten year loan for upgraded heat.If you have gas on the street, you should be able to get the utility company to bring a line to your house for free if you use enough BTUs.
4 December 2020 | 15 replies
In my experience the master shutoff is outside of breaker panel anyways when it's been upgraded.
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9 December 2020 | 3 replies
If you need to upgrade foundation/studs not to mention running new electrical, water, mechanicals those costs will far exceed the value of the existing garage shell.
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18 June 2021 | 21 replies
Also, I re-ran the numbers with a 10k reno and total rents received (after paying utilities) at $800 (which I've had a realtor, lender, and local inspector/contractor confirm are market rents for the area with the upgrades) and I came up with a 22% CoC return.
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9 December 2020 | 20 replies
A few strategies that work in high cost of living markets 1) Layout changes - I have converted 1 bedrooms to 2bedrooms, studios to 1 bedrooms and simply by doing that I increase the rents significantly and now the property can be cash out refinanced. 2) Adding ADU's, preferably attached ADU's (basements, garage etc)3) Cash for keys + Renovations - washer dryer in units, and upgrade unit (combine this with other 2 strategies, above and you've doubled your equity)
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3 December 2020 | 5 replies
Doing some electrical and plumbing upgrades in the next 2 weeks to get it safe and in good working condition.
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6 December 2020 | 3 replies
I'm upgrading soon regardless because I want unlimited access to BPInsights, among other things, but I know from listening to the podcast that there have been promos in the past.
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4 December 2020 | 6 replies
You could upgrade that circuit to a 20amp breaker but your wiring probably isn’t thick enough to carry the extra power without fire risk.
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5 December 2020 | 4 replies
Hi AllI own 3 unit multifamily in providence, RI .My current tenants just moved out and i am looking to upgrade few things in the unit.