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1 July 2024 | 27 replies
The only thing that you should be concerned with is how hot the market is, what the true ARV is (based on actual comps in the past 90-180 days), and how much they are asking you to pay for the deal.
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29 June 2024 | 6 replies
That and being more proactive on showings/processing applications since applicants have more options to choose from than when rental market was super hot during covid.
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27 June 2024 | 17 replies
We usually cut a permanent dryer vent in the wall and use that to exhaust it to the outside (instead of hanging a hose out the window, yikes again).If you don't have forced air in a property (meaning if you have hot water radiators) a mini-split system is one of the most cost-effective ways to cool a house.
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27 June 2024 | 4 replies
No boiler but it a bottom unit so not hard to do boiler but in also want AC for this hot summer Quote from @Jack Krusinski: Hi Damein.
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27 June 2024 | 26 replies
Gambling is short-term speculative play; that's flipping, that's Vegas slots, sports betting.
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29 June 2024 | 27 replies
We almost always use all white which is really hot right now - although we did this in 2012.
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26 June 2024 | 15 replies
I let my contractor try the old hot tar and hydraulic cement trick but it clearly didn't work.
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27 June 2024 | 3 replies
He put in a hot water heater, painted the upstairs walls white, put black shutters on the house, painted the deck grey, and painted the front door red.
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26 June 2024 | 65 replies
and seeking some wisdom for a rookie.Interested specifically in Kissimmee/Orlando/Davenport as Disney market feels familiar to me and it’s generally a cheaper entry point than beach condos.Looking at Regal Oaks (staying here now on vacation myself and enjoying it, though have read mixed things about occupancy), Windsor Hills, and Champions Gate.Goal is to have a second home that I AirBnb out the majority of the year but also can escape to when NYC is ruthless (like now :) hoping to live in the 150-250K range, bonus if there’s a pool (regal oaks has community pool and individual hot tubs), and solid amenities.Other than reading for my life, how can I number crunch and prepare for this?
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26 June 2024 | 12 replies
Foreclosures, short sales, and off-market deals can provide these opportunities.Target up-and-coming neighborhoods with increasing home values rather than already hot areas.Research comparable recent sales and get an inspection to accurately estimate the after-repair value (ARV) before making an offer.Follow the 70% rule - the purchase price plus renovations should not exceed 70% of the ARV to leave room for profits after selling costs.Focus renovations on maximizing returns - kitchens, bathrooms, curb appeal rather than over-improving.Hire experienced contractors and have a project manager oversee work to keep things on schedule.Price the renovated home at or just slightly below comparable recent sales to facilitate a quick sale.