Kay Hart
Ramifications of not paying off your mortgage balance
8 February 2024 | 6 replies
Most times with balloon payments, the lender expects you to refinance into something longer term or pay the balance off in full (common with house flippers for example)
Jeremy Porter
How Granite Countertops Can Elevate Your Rental Property's Appeal and Value
7 February 2024 | 9 replies
I am not convinced that granite countertops will allow you to increase rent enough or reduce vacancy enough to cover their cost.In a typical smaller house you might spend $6000-8000 on granite countertops, if it even allowed me to increase rent by $100/month it would take 5 years to recover the cost.Our tenants seem to be happy with laminate countertops that cost me less than $1000 to self-install ( I have done this in multiple houses).Can you help me understand the math of ROI on this?
Benjamin J Thompson
Market Comparison Data/Investment Strategy
8 February 2024 | 7 replies
I typically look at Multi-Unit rehab, and hold.
Steve Gjerdingen
Copper theft and impact on property value
8 February 2024 | 2 replies
In my area, copper theft is typically seen in vacant houses where drug addicts break in to steal mostly the copper pipes but sometimes some wire as well.
Holly Polf
Newbie STR owner again
8 February 2024 | 17 replies
I think my first step needs to be to call the PM company and find out what they are charging and get a feeling for how they typically handle these situations.
Emil Pinlac
Please Advise: ADU Cost Components Breakdown?
8 February 2024 | 30 replies
As a good rule of thumb, figure on $275-325/sqft for all-in ADU project costs…so an 500 sqft 1BR standalone ADU would typically cost around $160K.
Logan M.
All Electric Homes Vs. Gas Hybrid Homes
8 February 2024 | 0 replies
Anyone that knows this better than me feel free to correct me but older parks or hybrid parks typically have 100 AMPs where you need a 200 AMP pedestal4.
James Carlson
Colorado's push to increase STR taxes is softening
9 February 2024 | 20 replies
We'll see what the details of the language are when he introduces the amendment in a few weeks at committee.We have an example of this in Arvada, just outside of Denver.
John R Olson
Secured Debt Funds
8 February 2024 | 3 replies
Quote from @John R Olson: Yes, everything I am looking at is secured by CRE and not unsecured peer to peer.I would read that again and have an attorney explain what something that is secured by a pledge of distributions from affiliated ventures means.As typically that means you are not investing in the entity that owns the assets.
Joe S.
Luxury vinyl tile versus ceramic tile
9 February 2024 | 31 replies
Waterproofing is essential) they last quite a while and withstand the typical dad to day living of a tenant and their varius pets.