16 March 2017 | 5 replies
The more of the following you are able to provide, the higher a price you can request:Inspection report by licensed inspector, legitimate sold comps within 0.1 mile range, roof warranty from licensed roofer, permits for the work performed, disclosure of how much electric/plumbing/HVAC was replaced, warranty for the heater (if new) or disclosure of what service was performed, age of windows and grade of windows (if new), warranty on appliances (if new), last service on appliances (if used), grade/brand/color/installation date of cosmetic materials (flooring, paint, etc.), etc.If tenant in place: strong lease terms, proof of payment history, screening criteria including personality screen, security deposit & last month rent held, annual lease term, etc.
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24 March 2017 | 36 replies
@Adrian Fajardo Just an FYI, I just renovated a 2br 1 bath side of my duplex, with a brand new kitchen, bathroom, new flooring throughout, new paint, and a bunch of random repairs like drywall and such.
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16 March 2017 | 17 replies
B+ area, built in 2006, parking, separate utilities, has good parking spots, real hardwood floors, wash/dryer exposed in kitchen, 2br/1.5ba units, good rental history, rent is $3200 gross, but ill live in 1 unit so the gross is $2400.$270K purchase priceFHA loan3.5% down ($9,450)P&I-$1321/mo ($260K financed)INS- $100/moTAXES- $137/mo (taxes are currently $274/mo b/c its in the investment class)PMI-$187/mo (would like to own for a year and try to refinance with another bank to get a conventianal if I can get a high enough appraisal to drop PMI or lessened)TOTAL PMT-$1745/moLIVING FOR FREE!!!
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1 April 2017 | 10 replies
I'll be closing on my first duplex in about a month and will be inheriting a tenant on the second floor in which I will be occupying the first floor.
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15 March 2017 | 7 replies
I had estimates up to $12,000 - the $12,000 estimate measured the square footage of every wall, the ceiling and the floor (I think they had enough work to do and were over-bidding the project).
14 March 2017 | 2 replies
New roof, floors and walls had some renovations 2 years ago, but the second floor ( unit 2) seems to be in a bad situation.
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17 March 2017 | 12 replies
Last week it was the morning that I had to change out 2 toilets on the top floor of 2 separate town homes, then discovering a leak from the tub waste line in one unit, (which had been going on for a couple of weeks. the resident didn't call it in because she thought the carpet was wet due to humidity???)
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16 March 2017 | 12 replies
Hi,In our triplex the third floor tenant texted us yesterday complaining about the second floor tenant smoking cigarettes.
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22 June 2017 | 8 replies
Even when it's not directly price, it's almost always a form/function problem (which still ultimately means it's not worth what you're asking in it's present floor plan, design, use, etc. so it still ultimately boils down to price).
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16 March 2017 | 12 replies
A finished attic will probably be worth less per sqft than a first floor area.