All Forum Posts by: Donald SaintVal

There definitely is an episode on this. I listened to it recently. The rule of thumb is you want to upgrade based on what is expected in the area. Look at recent comps. Look at the finishes in the MLS images. Is there any value to changing to bath/shower If it's already a nice walk-in?

You mentioned the things that matter, if it doesn't fall under one of these categories it is most likely not needed: cabinet, appliance, floor, paint, countertop, window, shower, vanities, lighting, fence, window, blind, sink, toilet, doors. Keeping in mind though that this is an STR, you want to differentiate yourself from your competition. For a cottage, things like a pool table or a fire pit would go a long way if you are looking to bring extra value.

As far as design, Pinterest is your friend. 

@Christian Martinez

@Christian Martinez

wonderful Michael! I’ll check these out! 

Hi guys! Finding a GC in Cincinnati is like looking for Bigfoot. Putting all the pieces together for the brrrr to work is no joke. I finally found a good property in a good neighborhood. I have the money and the agent, and the deal makes sense on paper. But I cannot find a reputable general contractor to give me a quote on the rehab! After more than 2 dozen calls, it is clear that they are all tied up in jobs. Availability seems to be winter 2023 in the area.  Does it make sense to put in an offer not even knowing when I’ll find that GC and without accurate quotes? 

 Same here Jeremy. Would love the name of that bank. 

Amazing input….and unanimous at that! One day I’ll share my success story and you all would have had a hand in pushing me along :-)  

Hi Brrrr community! I am hell bent on this being the year that I start my brrrr journey with the purchase of my first property. Of course interest rates have climbed significantly, but I remain of the mind that investors are not sitting on the sidelines and there is money to be made in any market condition. With that being said, I do want to be wise. Does it make sense to remain patient(the struggle!) in hopes of inflation and fed reversal to get better rates, or should I press forward and jump in? Appreciate any input 

 I’m in the same boat Desiree. Soflo is insanely inflated. Would you mind sharing offline who you used for the heloc?

Is a potential 20k profit worth pursuing on a house that needs a ton of work? With this much work needed, I’m worried that any unforeseen issues may eat into the profit.  20k doesn’t seem like that much wiggle room....

It absolutely still matters, and no less than before. The number one factor for any parents when buying a home is area schools. Yes there are alternatives, but most who are searching for the alternatives are those who cannot be in their desirable school district.