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5 July 2018 | 5 replies
That includes loan payments, utilities, insurance, taxes, HOA fees, and any other expenses that can occur during the Rehab period and up until the property is fully rented.
2 July 2018 | 1 reply
List of items to be done - (inspection next weekend)HVACAir Conditioner addition to current forced air furnaceElectricalGarage door motor to 1 car garage door Install recessed lights in living room, and new light fixtures in bedrooms, living rooms, kitchenReplace light switches/outlets to square plastic whiteFlooringRemove carpet, tack boards one main floor and top floorInstall vinyl plank flooring throughout main floor Same baseboardPaintingPaint all wood trim whitePaint kitchen cabinets whitePaint all wallsStructuralRemove half of kitchen wallSliding door for half bath on main floorKitchenReplace kitchen counter top, and match bathroom vanities with sameReplace kitchen sinkReplace appliances with stainless steelBathrooms Replace countertops with same kitchen counter materialGeneral workInstall window blinds on all windows
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1 July 2018 | 8 replies
Use the security deposit for damages, missing items, and cleaning, before using it for unpaid fees and unpaid rent.This is a good time of year for finding a qualified tenant.
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1 July 2018 | 2 replies
When you add all of the transfer fees and sale costs there's just not much left.Reach out if I can help with anything else.
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1 July 2018 | 0 replies
Estimates on closing costs, realtor fees, any other expenses to consider?
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8 August 2018 | 30 replies
And if I find something distressed in these areas of smaller, older, and cheaper homes that someone may wholesale and try to get a large fee, I'd be happy to just make both sides of commission the 'normal way' and move on to the next.The values in the area are right to where the older distressed properties fall within range of good rentals and/or flips.
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6 July 2018 | 5 replies
Probably $15,000 for the garage and another $5,000 in city fees, architectural drawings, etc.
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1 July 2018 | 4 replies
Usually for the buyer this includes, property taxes, insurance, title company fees, and lender origination fees.I’m not a huge fan of using percentages to estimate these costs.
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3 July 2018 | 8 replies
If you sell for 300k, you could deduct re fees, title, escrow, etc.
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1 July 2018 | 2 replies
With 1 month fee of your rent portion and provided the new tenant passes our screening process” (credit and background checks, employment and pay stub verification etc.).