23 May 2020 | 3 replies
He has been told no further repairs or replacements to the existing septic systems will be approved by the county.
9 May 2020 | 2 replies
It just seems outrageous that I'm now quite possibly having to replace the entire septic.
13 May 2020 | 10 replies
In the same vein, Your Company LLC cannot sell real estate and have My Company LLC buy the replacement property in a 1031 exchange.
9 May 2020 | 1 reply
Remove all flooring boards and replace with plastic decking for a maintenance free repair?
16 May 2020 | 13 replies
Here’s a breakdown of what I did and the costs: Labor. 29,176.53 - New Railing and Spindles– Exterior of House- Remove damaged flooring- Refinish and Stain Hardwood Flooring- Install Vinyl Plank Flooring on Floor 2- Install ceramic tile flooring in baths and Unit #1 kitchen- Paint Interior (Walls / Ceiling / Trim)- Install New Kitchen Cabinets Unit #1- Paint Kitchen Cabinets Unit #2- Subway tile kitchen backsplash and Unit #1 shower- New Plumbing throughout house toilets / sinks / garbage disposals / tubs / faucets- Install new light fixtures and recess lighting in kitchens- New doorknobs and hinges throughout- Replace electrical outlets and switches Materials - 2 Apts (Home Depot)...............$8,201.93Stainless Steel Appliances – 2 Apts (Lowes)....$3,300.00Quartz Counters – 2 Apts ............. $1,800.00Electrical repair / rewiring ............ $2,696.20Replace hot water heater................ $1,025.00Install Central Air Conditioning and upgrade heat........ $9,000.00TOTAL............... $55,199.69Gross Rents: $2,125.
12 May 2020 | 16 replies
It's waiting on title company to do its thing before I do the few things to it to get it ready to place a renter and finance it to replace the LOC funds and put back some reserves.While that deal is on a fasttrack plan, I have a second slower process deal working.
2 June 2020 | 6 replies
(Indoor smoker)-Either paint or replace all the drywall (again because of the smoking)-Replace the water heater.
8 January 2020 | 6 replies
There was a bad roof leak, so he replaced the roof in 2018, and replaced the rotten wood and ceiling.
6 January 2020 | 7 replies
Once you know the houses in your area pretty well, using those 25 components makes it a lot easier to estimate back-of-the-napkin.For example, I know that for a specific type of four bedroom, two bath house in my area, it costs about $2,000 for all new electrical fixtures, about $2,000 for all new plumbing fixtures, about $3,000 for interior paint, about $7,000 for new flooring, about $8,000 for new cabinets and countertops, about $2,500 for all new appliances and about $1,000 for miscellaneous cosmetic stuff.So, when I walk into one of those houses, I know right off the bat that I will spend about $25,000 for a full cosmetic rehab.But that exact same scope of work for a different type of house with different finishes in another state where I rehab would cost much different for a cosmetic rehab.
7 January 2020 | 3 replies
So are 3 bed rental was apparently used as a meth lab and now requires remediation...which consists of complete cleaning and replacement of exhaust vents and cleaning furnace.