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26 October 2013 | 14 replies
I know most BP member are painting trim white - But if I do that I will still have brown window trip and brown doors - do most of you guys replace/paint window trim and door as well?
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5 July 2013 | 24 replies
Does 50% of gross rent pay from just P&I and then $100/door...the other 50% going towards everything else, ie- maintenance, repairs, Homeowners Insurance, Taxes, Utilities???
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3 July 2013 | 3 replies
Another issue is zoning as a special use permit may be required, having special needs or more than 3 unrelated tenants is sometimes an issue.You may also be subject to inspections and ADA requirements, hard surface floors wider doors, etc. it's no walk in the park.After you get the permits and modify the place, you will get higher than market rents (due to mods) but you're also pretty well locked in to renting to that NP/agency, can't really take them to the cleaners as they can move on leaving you with a harder to rent dwelling too.Insurance will be more and you better keep the place up in tip top shape.
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4 July 2013 | 5 replies
Having an extra bathroom in the basement is a positive, especially if the tenants can hang out down there in the summer.For rents, definitely check out Craigslist, not just what other landlords are offering, but also what people are searching for under the "housing wanted" section.As far as an exit strategy for single-family homes, you have several possibilities:1) Rent to own from a tenant2) Sell on land contract to a tenant or investor3) Sell to an investor4) Sell retail
4 July 2013 | 2 replies
Right next door to each other.
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3 July 2013 | 2 replies
I know I have another post with a similar question but I have 3 painters coming for estimates tomorrow and new posts get more action.I was going to get the walls painted softer tan (Sherwin Williams) - paint the basement floor grey and light grey on basement walls - I WAS going to paint all brown doors and trim white because of what I read on BP.
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16 July 2013 | 16 replies
The property is a single family townhouse approx 1400 square feet. 3bedroom 1.5 bathrooms. 2 floors plus a basement.
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4 July 2013 | 6 replies
Philly comps are ridiculous per block in that a house can be appraised at $89K needing no work no TLC and in real good condition and a few doors down same situation another house can more than double in value and these are row homes.
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16 October 2013 | 20 replies
Also I'm part owner of a Kitchen and Bathroom company.