Brock Mitchem
Death of Tenant Ohio
27 December 2017 | 4 replies
I want to get it rented quick because I will be renting this for about $50-$75 more a month once I get the new floor and paint in the property.
Kraig Kujawa
Is there an Art to Communicating Security Deposit Charges?
15 May 2018 | 6 replies
(Realizing my numbers are most likely laughable in Orlando :)Initial deposit: $1500Drywall patching and spot paint: $180Lawn Maintenance: $80Total: $260Balance returned: $1240 (Check #3498)Thank you for being our tenant and it was our pleasure serving you.
Steven Griffith
Purchasing a Model Home and Leasing Back?
16 March 2022 | 14 replies
They got a good enough deal on the house to not care about it, but on an $800K house, you might want to pull out the extra lights, patch the drywall, paint, etc.I would also wonder about the possibility of your model home becoming a "parts bin" for the rest of the development.
Carson E.
Tracking Expenses on numerous rental houses
1 February 2020 | 5 replies
I know sometimes you can't just get everything at Home Depot, but it has a rebate program, plus it emails you receipts, so you don't have to carry receipts and scan later, so try to use Home Depot as much as possible (it looks like you are already doing this.)If you buy a paint for House A, and light bulbs for House B, buy the paint and check out (get a receipt,) and then buy the light bulbs (get another receipt.)
EJ K.
Tenant removing upgrades They did
31 May 2020 | 40 replies
They painted over very nice murals as well.
Carol Bahou
Buying a 2nd rental with a small down payment - DMV area
8 May 2023 | 9 replies
I just had a tenant move out after 9 years in a single family and spent 30-32k just on light renovations and whole hosue painting.
Account Closed
Landlording 101
25 June 2009 | 4 replies
I don’t think I need to paint the picture of what will result if you miss this investigative step.Pickup trucks with camper-shells can also be loaded to the gunnels with personal effects, including small zoo animals.
Romtein Rostami
Real Estate and the Federal Reserve
31 May 2013 | 1 reply
An investor could put a $10,000 floor in a kitchen that would never return more than 30% of that value or paint the same walls multiple times, you get the idea.
Mala S.
How do I determine the offer amount for a fully renovated buy and hold multifamily unit with tenants in place?
26 June 2013 | 17 replies
Here is the property info:(mind you this is all info from seller, i have not seen the place yet)The property is a 2 family house that was moderately renovated this year (kitchens updated, new tile, painting etc.)1st floor - 3 br apt, renting for 1100, 2nd floor - 4 br apt, renting for 1200. additional 2 bedroom apt in basement (not legal) and not currently rented.Taxes are $8400.40 min commute to Manhattan via path train. 20 mins drive to manhattan.
Aaron Mazzrillo
I've got a serious cat urine problem
7 July 2014 | 8 replies
You may have to abandon the hardwood floors and spray over them as well, then put flooring on top of painted hardwood.