All Forum Posts by: Gorden Lopes

Originally posted by @Carlos Ptriawan:

Okay so basically it's 1.0 rent ratio to achieve 1.1 rent ratio, from the rental perspective the rehab looks modest.  

I stay in Bay Area California and I have not seen this property my self. So all the buying and rehab management was done completely remote! :) For material, I used local vendors for eg flooring, roof shingles etc were all purchased locally. There were few items like fans and lights that I purchased through amazon rest all was from Home Depot and other local suppliers.

Originally posted by @Mary Ann E Wedell:

@Gorden Lopes

The place looks great! I think it's great that you realized that you were able to add square footage to the property. It proves that there are still good deals out there. I also like the idea that you partnered with someone for supplies. That's a good idea.

I'm curious how far away you live from this project? How did you select the local labor and supplies. Do you have local contacts to give you recommendations?

Originally posted by @Carlos Ptriawan:

my question is what's the *actual* rent price if you don't put the rehab ? is it $1900, $1500 or even unrentable ? 

I did not understand your question.

Originally posted by @Carlos Ptriawan:

If you don't put rehab, how much is the rent ?

@Gorden Lopes

congrats on finding a great deal and completing a BRRRR with it; what zip code is the property located in? 35803?