What renovations are your best bet for raising your property to market rate rents?I had an "Aha!" Moment while analyzing Minneapolis multifamilies with below market rents today: "the right renovations will pay for the...
I want to gather everyones thoughts on improving rental property. I bought a property in march and I live in one unit and rent out the other. I plan on moving out and buying another property next year. What should I d...
I would like to increase the value of my home, what's the cheapest way to do so and still increase the value and make the home look nice. what are the main things in a home that should be changed or updated to raise t...
Just wanted to share a little bit about one of my current projects. I'm finishing up remodeling one of my rentals which was rented out for 5 years and now I'm getting ready to sell it. I usually replace vanities but i...
Im just curious on which store you all use for your rental property material and why and what you buy there?
For me it is a combination of the two.
Homedepot:
For paint I use Kilz Pro-X dead flat, all fans and light...
I am looking to convert the garage of one of my parents rentals into a bedroom with a bathroom and possibly a kitchen in order to rent it out. I was considering drawing the plans myself and submitting them to acquire ...
My new tenants moved in 5 days ago. On the first day, they said the AC was not working well enough. On the 3rd day, they said there was an electrical issue (when the light switch in the bedroom is turned off all the e...
Hey. I have heard the term lipstick on a pig a lot since I have got into real estate. What actually constitutes lipstick on a pig over a real rehab? Is putting lipstick on a pig something like just replacing carpet an...
My partner and I have recently decided to hold a new build that we were originally planning on flipping. Our plan is to refinance the property and leverage the equity (and also take out an equity line incase we may n...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $225,000
Cash invested: $95,000
Sale price: $300,000
All brick 8 units off market with 2 units down to...