1 January 2012 | 4 replies
Wanted to see what your thoughts are to how we do our rentals.We have an investor - pays cash for everything.He gets 12% roi and we get $100 per month for rent per property.So here's how it works$50k for house and all repairs$600 per month for rent Investor gets $500 we get $100 per month If we have expenses then we both get deducted on our return.My husband is the general contractor so he gets paid for remodels, etc.At the end of the year we all get our $ and we can either take it or own more of the company by investing our profits back to company.
4 January 2012 | 10 replies
I'm remodeling the units and turning them into corporate rentals.
14 January 2012 | 14 replies
On a mid-level remodel we put in a gas tankless water heater on the outside so we didn't have to worry about venting. it created space for an extra closet which was a big factor in this area because most rental houses in that area didn't have much storage.
9 October 2012 | 17 replies
When I listed my property, we didn't expect to have tenants with pets because I was afraid of the potential damage caused by the pets since we just remodeled the kitchen and bathroom and upgraded them.
11 January 2012 | 4 replies
The other two units need omelette remodel including windows and doors to match the other 3 units.
11 January 2012 | 4 replies
We had to give it about 50K in improvements (not all rehab, as there was some remodeling involved also) ...Check out the TV shows about hoarders to see how some people are willing to live.
1 March 2012 | 28 replies
I find the deals, manage the remodel, and I sell the property.
15 May 2012 | 40 replies
After reading a horror story about some people in Mississippi who bought a foreclose and remodeled it only to find out they were working on the wrong house I decided to review my legal description from the closing docs.
15 March 2012 | 7 replies
Have had too many doors remodeled into windows in rentals.
18 March 2012 | 0 replies
Hello, Can anyone share recommendations for a reliable construction crew who are familiar with rehabs and remodeling in the Oakland area?