Zach Gring
First official investment property on the books!
8 October 2020 | 21 replies
Asking price 165,990PP 161,000 plus 3k closing creditsAppraisal 186,000PITI 1095.00CF 240.002,500.00 in needed repairs12,000 in finishing the rest of the basement for a home office and second bathroom, market will support 250-300 rental increase for this. 20% down conventional3.5%/30 yearstenants are re signed already at 1,700.00 for 6 months in which they can decide if they want to stay with the upgrades and take the rental increase.
Greg Koszkul
How much should you fix up in a property?
6 October 2020 | 19 replies
And whoever is looking needs to pay attention to big ticket items - electric (is there knob and tube or a big upgrade required), roof, plumbing (sewer inspection with a camera), septic and/or oil tanks, asbestos, is the furnace working, mold, structural integrity.
Adam Price
Different ways to collect Rent
25 December 2020 | 13 replies
It’s all automatic for you and the tenant and free (other than maybe some upgrades).
Byron Law
How would you put an unexpected $20 to use?
3 October 2020 | 9 replies
Long enough that 1) I'm interested in doing something new and 2) I'm maxed out in salary, which limits those willing to pay what I'm used to without my upgrading skill sets (most likely into coding or certifying in some type of administration).
Justin Leste
Portland Residential Infill Project (RIP)
3 October 2020 | 2 replies
Firewalls, sprinklers, and other such upgrades often make these types of additions untenable.
Jim Morris
How do you file against a contractor's shoddy (roofing) work
5 October 2020 | 8 replies
When we had the roof installed I paid for an "upgrade" and had the peels and stick underlayment put down.
John L.
Recs For northern Virginia (NoVA) contractors for bathroom reno
3 October 2020 | 0 replies
Hi guys.I'm looking for a contractor who can upgrade a basement bathroom in a SFH rental in Arlington, Virginia.It's a makeshift bathroom that needs to be brought up to basic standards.
Kyle Steiner
Out-of-State Investor - How to Handle Bad Items on Inspection
4 October 2020 | 7 replies
You estimate $12,000 in cosmetic updates in order to raise rent on top of additional upgrades and maintenance needed.
Aaron T.
Thinking about buying an old elementary school-turn into hostel
22 September 2021 | 64 replies
My friends dad bought a local school in Maryland and rented it out to a school for the blind, I think the school for the blind paid for the renovation costs to upgrade the building too.