Tom Liu
deck repair opinions
16 July 2018 | 9 replies
.… Try Trex prepainted type but the paint will fade over time as well.
Angela Palchowski
Can I change the locks if a tenant moved out but still pays rent?
2 April 2018 | 2 replies
That means you shouldn't be changing locks, cleaning, painting, or doing anything with the unit.
Scott McGill
Using a paint sprayer on the interior of a house
15 October 2018 | 4 replies
Looking for the order in which to spray the inside of a house with paint sprayer.
Steve S.
How much to charge tenant for readying rental after they leave?
15 July 2018 | 5 replies
Would not include paint and carpet cleaning.
Steven Tankersley
Ranch House Flip - Progress
10 September 2018 | 6 replies
We will have new ducting, new attic insulation, new siding, windows, all doors, all cabinets, drywall, paint, flooring of course.
Kim Wendland
Strategy for overcoming deferred maintenance?
3 December 2017 | 6 replies
As units become vacant, improve, paint, replace rotted floor in bathrooms, new flooring and countertops.
Adam Rothweiler
Practicing Analysis on 4-Family Foreclosure, Beast or Bust?
21 March 2018 | 21 replies
We've repaired our second floor wax ring, flange, toilet bowl gasket, ceiling repair after the roofing company patched our leak (which occurred 2 months after it was put on) but refused to show up to repair our interior damage, paint everywhere, and we still need to refinish floors and a whole lot more.As far as beginner territory... well I can't really say it's not since this is my first, but I'd assume as a native and someone that will do the due diligence you understand what it means to be in the city.
Mason Wade Morris
Did I lose out on a deal?
31 August 2017 | 12 replies
The house went under contract pretty quick after they turned down my offer.https://www.redfin.com/OK/Midwest-City/4416-Bonapa...Below are the numbers:Purchase price: $53k(20% down $10,600)Rent: $825(may have been able to get $850, wanted to be conservative)Taxes: $55Insurance: $65Closing Cost: $3500Vacancies: 5%($42)Repairs: 10%($83)CapX: 10%($83)Property Mgmt: 10%($83)Mortgage(4.75%): $222Cash Flow: $195So at this point I am happy with the cash flow number and really even paying $55k-$57k the cash flow looks good.Here is the part that I am having a hard time with, ROI.I Estimated that the repairs would be $5k-$10k before getting it rented.Flooring: $2500Kitchen Cabinets: $2500(prob the worst part of the house)Interior Paint: $400Fridge: $750Dishwasher: $500So at $5k repairs ROI: 12.3% (good); however at $10k repairs RO: 9.7% (bad).
Kevin Enderle
A Nightmare on Drywall Street. A Tale of Woe and Stress.
5 September 2017 | 7 replies
I go and pick out paint.
James Syed
Lender - Mold
6 July 2015 | 7 replies
It was a patch maybe 1.5' X 1' and wiped off the paint/vent with normal cleaning i.e. a wet cloth.