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8 January 2023 | 3 replies
The total estimated cost seemed high for just minor repairs ($2700-$3700, $500 of which is PM fee) There are a couple items I expected would be flagged but not mentioned:Recommended items that i think may not be needed:- Seeding back yard lawn- Remove satellite dish on roofItems I thought would need to be on list but not mentioned:- Add washer/dryer- Clean gutters- Attach electrical panel cover- Fix loose lighting fixtures, cover open junction boxThoughts?
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8 January 2023 | 0 replies
We did nearly all the upgrades ourselves (we left the electrical and plumbing to the licensed contractors) and ended up making around $125,000 profit after taxes and fees.What made you interested in investing in this type of deal?
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8 January 2023 | 0 replies
We did nearly all the upgrades ourselves (we left the electrical and plumbing to the licensed contractors) and ended up making around $125,000 profit after taxes and fees.
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9 January 2023 | 5 replies
By implementing energy-efficient appliances and lighting, using environmentally-friendly cleaning products, and promoting recycling and composting, you can show your tenants that you care about the environment and their health.
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3 August 2020 | 2 replies
The garage already has electricity and is currently serving as a shop/office with at least one dividing wall between the two.
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30 June 2020 | 13 replies
Certainly, we have learned from this experience and plan to put electric in the tenant's names in the future!
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7 July 2020 | 6 replies
Real estate is different from technology start ups where investors look for pedigree, energy, and pure raw talent.
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25 June 2020 | 5 replies
The washer is metered (hot water heater + electricity) with the floor 1 tenants, the gas dryer is metered with the floor 2 tenants.
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5 June 2020 | 7 replies
Walls Remove/treat mildew (per surface) $15.00 Repair hole in wall $55.00 Repaint (per wall/ceiling) $40.00 Doors Replace door (interior) $165.00 Replace door (exterior) $485.00 Replace weather stripping $25.00 Electrical Replace light bulb $3.00 Replace light fixture globe $20.00 Replace light fixture $65.00 Replace electrical outlet/switch $15.00 Replace electrical cover plate $2.00 Actual charges may vary based on condition, vendor and/or cost of materials.
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17 June 2020 | 6 replies
Needs to be gutted, needs new roof, new hvac, new windows, new drywall, fix water damage throughout, rebuild an addition, add a garage, add a 2nd bathroom, new flooring, new kitchen, new appliances, paint, landscaping, redo driveway, redo layout (used to be a triplex but is now sfh), remediate sinkhole, replace asbestos shingles with siding, upgrade electric from fuse box, replace cast iron pipes throughout, put in a pool.