Dustin Barr
Kitchen cabinets (looking for China supplier)
23 April 2015 | 12 replies
Looking for an online suppliers for the kitchen cabinets I keep hearing about on this site.
Rolanda Eldridge
How long did it take your FLIP to sell?
11 February 2014 | 6 replies
I stage myself, I over spend on lighting and chandeliers and my kitchens look like a magazine most times.
Marcin G.
what sells the house...
23 May 2014 | 4 replies
I welcome your comments on what in your opinion sells house :We all know the usual suspects are :Lots of light - Big windowsEffective stagingCurb appeal (well maintained front)Updated kitchen (new cabinets, flooring, counter tops, light fixtures)Updated bathroom (modern look, new light fixtures, big windows, big tiles etc)Big closet space in the roomshow aboutFinished basement ?
Brandon Turner
#LifeOfALandlord (with photos!)
6 March 2014 | 26 replies
I've been backing off of that and going to making phone calls.Last year the guy doing the tile floor in the kitchen in one of my properties offered to teach me how to do it.
Account Closed
Capital Projects: Save or Wing it?
24 February 2014 | 17 replies
Long story short, major water damage, abatement, and having to replace 2 sets of kitchen cabinets that soaked up all that nasty water.
Mike Purvis
"legal duplex" vs. "non-legal duplex"
30 October 2019 | 14 replies
Before buying call the city to ask what that street allows for, do not ask about the specific house or you can open a can of warms.Hire also a Fire consultant that knows the bylaws in the area.If you really want to buy an illegal unit and legalize it later, then also hire an experienced architect/engineer that is used to legalize rentals.The most "friendly" area for illegal units is Downtown Toronto, there is an extreme need for apartments , if they would shut down all illegal units, there would be thousands of tenants on the street.If you still think about buying an illegal unit and keep it as is, make sure you comply with Fire cod - that is non negotiable - and have an exit strategy in case you are sooner or later shutdown by the city.If you get shutdown and cannot or want to legalize it, you will have to change doors or exits, remove kitchens, etc... etc....
Jeremy Hoffman
Approaching First Rental Purchase
3 June 2014 | 4 replies
The following post will be in regards to a property that I have analyzed for purchase and feedback would be greatly appreciated.The house: Asking Price: $54,900---- 768 Sq ft/ 1bed/2 bath, New furnace, hot water tank, new kitchen appliances, newer washer and dryer, newer roof, newer AC unit, anticipating no major expenses within the next yearLink to house-http://www.realtor.com/realestateandhomes-detail/4127-Lebanon-Church-Rd_West-Mifflin_PA_15122_M32818-38813The Plan of action: The current owner is in a rush to sell,(friends of the family) most likely will sell for mid 40s, Place and offer for 40K hoping to settle for house between 45k-50k including all closing cost.Area- Average house rents for $650-$850 for 2bed 1 bath.
Derek Young
It takes money to make money I guess
6 June 2014 | 5 replies
The house is in need of minor cosmetics, carpet replaced with hardwood and minor kitchen and bath remodels.
Matt Kauffman
First Deal: 4 Plex & Duplex
12 June 2014 | 9 replies
Same seller for both properties4 PlexPrice: $130KThree 2 bdrm 1bth units, One 1 bdrm 1bth unit3 occupied, 1 vacant - (2 bdrm unit vacant)rents are $550, 750, & 750 - potential rent of vacant unit is $850 - 950/moGas and Electric are included in rent priceUtilities are budgeted with clauses in contacts that over a certain usage extra utilities go on the rentBudgeted Gas & Electric are $130/mo/unit for both utilitiesTaxes: $3462/yrInsurance: $600 - assumed to be going up after appraisalWater/Sewer/Trash: $137/moSteel roof just installed last year, siding have done on property, vacant unit has never been rented since renovation - completely new kitchen with new appliances along with an overhaul of the living room, bedrooms, and bath w/washer & dryer hook ups.30yr fixed loan @ $566/mo pymtDuplexPrice: $64900Two 3 bdrm 1 bth units - small bdrmsRents: $750/unit - both occupiedGas & Electric included in rent - same clause in contract as above - $135/moWater/Sewer/Trash: $78Taxes: $970/yrInsurance: $40030 yr fixed loan @ $283/moI think I can Net Cash flow this place around $200/unit/mo after I've set aside funds for maintenance and replacement reserves at around $300/mo total for both locations.
Harvard Hill
My First Flip
5 February 2014 | 13 replies
Renovation The plan was to gut and rebuild the kitchen and bathrooms, replace/refinish all of the flooring, replace all of the lighting, repaint, complete extensive landscaping and other odds and ends.