Steven Maduro
incomplete renovated rentals can still bring in money
Ok things happen right?
unexpected expenditures may mean that your renovation is off schedule by about 6 -8 months
What do you do?
You can leave it vacant until you have the money to renovate....
JP Findley
Triplex Deal (Need Help w/ Evaluation)
I am a Realtor in DFW and have been considering multi-family investing for years. I have a client who has been renovating a property for the past year. She did an amazing job and is willing to sell it to me for $300,...
Eric Sung
Renovating rental apartments
Close to purchasing my first rental property. We want to renovate the apartment in order to increase the possible renting rate. Any recommendations on flooring that is durable, looks good and is relatively inexpensive...
Elliot Marszalek
Anyone experienced with attic trusses?
This is the attic space in a property I've been analyzing and was wondering if anyone could help me out with the trusses. If I purchased the property I would like to remove these trusses and replace them with ones tha...
Chandler Holt
Single Family Residence Auction Flip (first post)
Investment Info:
Single-family residence fix & flip investment in Springfield.
Purchase price: $60,000
Cash invested: $18,000
This house was sold at auction and we will be taking possession of in...
Noah McPherson
Accounting for turnover costs
I know some people have probably done a lot of turnovers in their careers. I'm just curious. Does your deposit typically cover the entire turnover? I'm wondering because if it doesn't, that would take a chunk out of y...
Salvador Gallardo
HELOC vs hard money lenders ?
I own a fully pay off property, this property has a market value around 200k. I would like to get a heloc on this property and start doing the BRRRR strategy or is a better idea get a hard money loan vs the heloc?
Keith Pen
When Should I Renovate the Property I bought from CA Tax Sales
Hello Everyone,I need some help on deciding what to do here. Recently, I bought a property from a California Tax Deed auction. I need to do a renovation that costs about 20K. I read that there is a 1 year period that ...
Kara Hooppell
203k loans
I have been reading up a little bit about 203k loans and from what I understand so far, the bank will give you a loan for a foreclosed home, and also set aside rehab money in an escrow for the purchaser to fix up the ...
Brian Ellis
Slow Renovation Process
Wanted to share a few photos of my renovation process with you guys. This is the second "house hack" ive done on a single family home. 3.5% down to get in (11k), and sellers covered closing costs. Ive also saved a lot...