All Forum Posts by: Cody Barrett

sounds like an excellent event and opportunity !

great looking building! 

Steven, I am going to assume this deal did not go through.  lol. Great read for me on how detailed the pros get though, thanks guys! 

I agree with Max.  It might be easier for you to just install a fan that feeds out to the exterior of the building and have that wired into the light switch so if the lights are on so is the fan. 

This is great, very similar to my first deal. Just breaking into the game. You know what you gotta do and value adds are key! 

I was in the same position a year ago. But I wasn't moving in. I inherited the upper, lower was vacant and I remodeled it to max the rents out. He was 150 below market but super clean and kind. His unit needs work though to re rent if he were to leave. So I kept his rent the same for 2 months until I finished remodeling and finding a tenant for the lower. I signed him to my own lease after 2 months with a 100 dollar rent raise, he knew I ran this as a business. His past landlord was retired, tired, and passive. So it took an hour to thoroughly explain my processes and it's paid off since. He's never late nor complains and keeps his unit clean and respectable. He's still a bit below market rent but it's worth his long tenancy. Been there since 09  

Cody B 

I got some quotes around 10-15k. Anyone have this work done before? 

your work ethic is really admirable. Very inspiring story to take action. Great job sir.

Sorry, my post submitted twice... 

Bankers and appraisers might be a good resource. Commercial lenders might have a vacancy rate on a per block basis.