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24 November 2022 | 5 replies
It's currently drywalled except the demo'd areas of wall and ceiling and the previous tub is removed. 1. framing and drywalling the closet and part of the ceiling2. installing a bathtub and either tile installation or prepping the walls for tile and I would DIY the tile itself3. tiling the floor4. install toilet and vanity5. prepping the kitchen floor for flooring install (will likely need to grind the concrete patches the old contractor shoddily performed +/- self-leveling concrete)Apologies for the long-winded post and I appreciate any advice!
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23 November 2022 | 10 replies
@Joseph Eversman I grew up in those areas and lived in Morgantown WV and Pittsburgh through much of my 20s and 30s....my perception is that most of the areas you mentioned (south of Pittsburgh) have little appreciation (and risk of depreciation), so if your goal is long term appreciation, those markets probably won't perform very well. ....either way, you'll probably want to look into the relevant market data on appreciation, jobs, population, etc. to make sure......if you're willing to go as far south as WV, I'd suggest checking out Morgantown, or going north to Pittsburgh.
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6 February 2020 | 184 replies
Looking forward to seeing how it performs over the next 8-12months.
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20 July 2011 | 49 replies
The IRS recently released a report indicating their intent to perform more examinations of individual tax returns that report losses from rental real estate activity.
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16 February 2015 | 16 replies
Doesn't make any sense to me that at this point Housekey has the non performing assets sitting on the books for 7 years and just walked away from it.
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8 December 2022 | 3 replies
Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.
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23 March 2018 | 8 replies
The best part is that Universal reads, bills, collects, and performs shut off/on service all for the state allowed fee.
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4 December 2022 | 12 replies
All return metrics (ROI, cash flow, etc.) predict how the property will likely perform under ideal conditions on day one of a lifetime hold.
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2 December 2022 | 8 replies
It will be solely based on the performance of the property you're looking to acquire, calculated as the Debt Service Coverage Ratio.
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11 November 2022 | 0 replies
I will see how the property performs, and if I don’t think it is performing as well as I’d like, I will short term rent the top and rent the basement out as a mid-term rental.