Hapeesh Rajpal
Good deal and if yes , what's the good offer?
15 September 2015 | 14 replies
can someone with experience in it put more light on it?
Laura DePalma
Kitchen and bath renovations
16 September 2015 | 4 replies
Since I despise installing the Big Box 10 for $20 light kits, I try to find some interesting lights from these places.
Victor Eng
My First Flip (with Pics!)- Small $$ Profit - Big Exp. Profit
7 October 2015 | 80 replies
But taxes are about 10-12k per year on this property and the previous homeowner was delinquent for several years)Cash for Keys: $20,000 (The homeowner agreed to vacate by a certain date to avoid a drawn out legal process, which they threatened to do)Cleanout: $750 (The place was a complete mess)Initial Cleaning: $150 (I at least needed to get the place tidied up a bit before painters would come)Kitchen Repainting / Spraying Makeover: $11,500Fresh Paint on Most Rooms (Ceiling, Walls, Trims): $12,500Hardwood Floor (Sand, Stain, Re-finish): $4,500 New Carpets in all 4 bedrooms: $4,500Lawn Debris and Hydroseed: $6,000 (and weekly lawncare until sale but that was cheap)Electrician: $1,000 (Smokes Inspection and fixed a few recessed lights + other minor)HVAC: $1,000 (Garbage Disposal Replacement, HVAC filter replacement + othersWindow Cleaning: $500Mold Remediation: $1,000 (Bathroom Ceiling)Carpentry: $5,000 (Bunch of stuff)Miscellaneous Materials: $2,000Final Cleaning: $300Staging: $4,500New Washer and Dryer: $1,000 Total: ~$600,200 (+- 2-3k)Listed Price: 669,000Sale Price: 644,500 After broker + legal Proceeds: 606,000Profit: ~6k Time Held: Bought in April, Roughly 6 Months.I didn't make much from this deal, but the experience I got was awesome.
Esaul Viramontes
Beverage of Choice after a Salacious Victory
25 September 2015 | 13 replies
Otherwise, just pass a Coors Light!
Albert Olivarria
Real estate virgin soon to be in Milwaukee
4 January 2016 | 9 replies
I seek answers to questions like the best neighborhoods, negatives of older construction, utility cost averages, and some light financial advice.
Sidney S.
What entity should I create?
30 October 2015 | 28 replies
Now, we realize that you may/may not be attorneys but maybe if you guys could shed some light on what works for you, that would be fantastic.Oh, and just to give you some background this will be a first-time flip and we already have an LLC in Georgia for a buy/hold property.Thanks in advance for any and all advice!
Tatiana K.
Double-shower vs. Tub in a rental?
1 October 2015 | 14 replies
I think your original layout is probably basically acceptable; I would first switch the swing of the entry door so that it has hinges on the opposite side, still swinging inward but toward the tub; that allows for the light switch to be on the wall right next to the door opening where people expect it - with the existing swing the wall next to the door opening is in the tub and shower area and that is not good.
Ricky Ross
steps to wholesaling with no license
22 September 2015 | 6 replies
Figure out what they want (e.g. 3 bed, 2 bath, built after 1980, light cosmetics only, less than $100,000 purchase and rehab)Step 3.
Kyle Pelech
New Jersey Questions
26 December 2015 | 14 replies
A light switch toggled in my head and would find homes and try and do the math to see how much I could make a month by renting it.
Lisa H.
Newbie from Oklahoma
23 September 2015 | 11 replies
Single family, light multi family or just open to anything thats a good deal. 2) Do you have your cash/financing lined up and know what you are looking to spend?