Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Colleen F.

Colleen F. has started 60 posts and replied 8324 times.

Post: How do you evaluate a historic house without comparables?

Colleen F.
Posted
  • Investor
  • Narragansett, RI
  • Posts 8,437
  • Votes 4,407

Lack of Insulation is not a place where people want authenticity. If the windows are special that may be a reason to retain them as selling point. Refinishing wood floors rather then replacing (might save you $). For a house like this both for comps and rehab talk to not just anyone but to people who like old houses. They will know the market. Some features will help retain your value. Others are still negatives. Also renovating consistent with the style is important. Good Luck!

Post: Connecting Laundry on Spetic Tank

Colleen F.
Posted
  • Investor
  • Narragansett, RI
  • Posts 8,437
  • Votes 4,407

We have had multiple homes with septic and lots of wash with no issue so soap damaging the septic doesn't hold water for me. No personal experience with a doing this in a multi-family but would be interested in the answer as we are in a similar situation purchasing a multi-family place and wonder about installing onsite laundry. The place we are working on has two high volume machines onsite now for the owner and his family. The new lower volume washing machines are probably a help. We would likely replace with them as they use half the water. The number of bedrooms vs septic size we thought matters as well. We will effectively have 9 bedrooms but the septic is 8 bedrooms so we will start with just installing a low volume washer in the single family home and see how it goes. How many bedrooms do you have ?

Post: Rhode Island ARV help! Someone with MLS if possible...

Colleen F.
Posted
  • Investor
  • Narragansett, RI
  • Posts 8,437
  • Votes 4,407

go to the online assessors database at vision appraisals.com for the town. (I think all of RI is there). You should be able to look up addresses right by your unit. Although it will tell you the town's appraisal what you want is to look at is addresses close to you to see if there was anything sold that you can judge what the value in the area is doing. you can see what he bought the property for too. Hope it helps

Post: Has anyone on BP invested in Providence, RI?

Colleen F.
Posted
  • Investor
  • Narragansett, RI
  • Posts 8,437
  • Votes 4,407

Brian, I'm in MA too but our rental is in RI. For RI, there is the non-resident landlord registration and the other RI issue is the lead laws are stronger. We are just now working on a multi-family and the lead will come in to play. I don't know providence we rent to URI students in Narragansett. RI. Student market is different in many ways then regular rentals. you get a little of student market in providence too I think.