All Forum Posts by: Frank Szymanski

 Remove all the dry wall itself?

 It's basically the kitchen and the master bathroom. It'll be somewhere I am going to live initially and then rent out so I don't want to pour a ton of money. I just know the kitchen is a focal point for renters.

There are cracks evident though which I was I am hesitant on skim coating.

Hello all!

Looking at a SFH that has a pretty ugly kitchen to me. Looks like the owner at some point tried to either venetian plaster or stucco of some sort their interior walls to the kitchen and bathroom. See images.

Anybody have experience with handling this? I haven't attempted to repair any of this yet. Some options include:

- Attempt to rip off of wall/sand (doubt this will be practical)

- Paint over white with another color to make it more appealing?

- Cover with thin dry wall?

Any advice would be great thanks!

Disregard^

Simple question as I am just getting into this real-estate gig.

Do you account for your federal income tax when evaluating a houses performance in a buy and hold strategy. Do you account for that in some form of an ROI? I know there are many tax deductions that come into play, but lets leave those out initially.

Hello everybody! My name is Frank Szymanski and I currently reside in Pensacola, FL. I am a relatively new college grad working as a mechanical engineer for about 2 years now. I enjoy my job/career and plan to continue to grow in that area. With that said, I am highly interested in multiple income streams, and real estate is a recent interest of mine.

I don't know much at all, but I thought I'd take the first step by introducing myself. I look forward to learning and networking in the near future. I plan to focus initially on buy and hold homes, focusing on maximizing cash flow. Intertwining this with my full-time job will be a challenge that I look forward to attacking.

Thanks for having me !