Joshua Dorkin
Increased Minimum Earnest Money Requirements
I heard from a friend last night that he was required to put down almost $8,000 in earnest money on a home he was putting an offer on, and decided to dig a little deeper. It seems that most of the properties he was ...
Austin Phillips
Best way to increase value
I just got a house for $120,000. it will be worth $240,000 minimum when I'm done and go to sell it. What are some ways that I can increase the resale on it other than updating kitchen and baths. $240,000 would be the ...
Joe Edwards-Hoff
Add closet to increase value?
I'm trying to help out a friend. He has a 500sqft home with two bedrooms, but one technically isn't due to it not having a closet. The typical house size in his area is about 2.5 bed and 1.25 bath averaged ou...
Darius Lipsey
What Improvements to increase appraisal
Morning BP!!!
Today I’m closing on my first duplex! Right now both units are vacant. The plan is to renovate unit one and get it rented. Once the first unit is rented, live in the second unit and renovate that one.
...
Dmitriy Yeshin
Tips for increasing appraisal value?
Hi all. I am curious if some experienced people here can share some tips for increasing appraisal value? Given that square footage and location are fixed what can an investor improve that will raise the appraisal the ...
Jack He
Banked rent increase in Hayward
Hello,
I bought a property (rent controlled units) at Hayward. The previous owner did not increased rent for years. It looks the code only allows 10% annually for banked rents but tenant still has the right to peti...
David Cornett
Price increases of listed properties
Hey,So I'm looking at a 2BR/1BA in a small town in Virginia. It's currently listed at $60K on Zillow and is a HUD property that's gone into the extended period. I notice on the price history that it was listed for $...
Malik R.
Rent increase and lease change
We have a single family rental home in a mid-sized town in northern California. It is 1,212 sq ft 4 bed, 2 bath, 2 car garage home in decent shape. When we purchased the property 6 years ago, we let the existing tenan...
Hanna Minkin
Rent increase to market value
Hi, I own MF in NJ and rents were severely undermarket. I renovated the whole building and increased rents to market value. Tenants complained to the township about high rent increase and dont want to leave even thoug...
Ramsey Persing
Increased Material Cost for Rehab?
Hi All,
I'm new to the community and been looking into starting BRRRR investing. One thing I've heard multiple times from friends (one who is a contractor himself) is that material costs for rehab have increased dra...