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All Forum Posts by: Mary lou L.

Mary lou L. has started 66 posts and replied 359 times.

Post: Pros/cons using granite tile as countertop?

Mary lou L.Posted
  • Investor
  • Wichita Falls, TX
  • Posts 382
  • Votes 123

@Johann Jells

@Shawn Thom

@Karen Margrave

Thanks for posting the pics! It looks great! We are going to install the tile as well. And black tile is the color. I can't wait to see how it turns out!

Ill post pics when it is done!

Post: WARNING!! Never send your Lease in a Word document!

Mary lou L.Posted
  • Investor
  • Wichita Falls, TX
  • Posts 382
  • Votes 123

Tenant sneaks very important clause into his landlord's lease

.....yes,  the Landlord will provide a birthday cake on the Tenant's Birthday...

http://news.yahoo.com/tenant-sneaks-very-important...

Post: List investment property as primary residence?

Mary lou L.Posted
  • Investor
  • Wichita Falls, TX
  • Posts 382
  • Votes 123

As tempting as it may be I would not do it. There are more than enough properties in this country that you can acquire with out such tactics.

There are enough anxiety inducing aspects of this business to add another to the pile!

Keep looking you will find what you are looking for.

Post: Had some spare time , so I hung vinyl siding on my house

Mary lou L.Posted
  • Investor
  • Wichita Falls, TX
  • Posts 382
  • Votes 123

In your spare time? What do you do when you don't have spare time lol?

It looks Great!

Post: Midland/Odessa Investment Club

Mary lou L.Posted
  • Investor
  • Wichita Falls, TX
  • Posts 382
  • Votes 123

I am interested in any opportunities in the Pecos area. My dad has a few lots in Pecos, and we are interested in more.

I would love to connect with other investors in the area!

Post: Replace Countertops for Rental?

Mary lou L.Posted
  • Investor
  • Wichita Falls, TX
  • Posts 382
  • Votes 123

@Carrie Giordano

It was including labor, the counter was off the shelf at Home Depot. and my contractor cut the sink hole out.

Post: Pros/cons using granite tile as countertop?

Mary lou L.Posted
  • Investor
  • Wichita Falls, TX
  • Posts 382
  • Votes 123

@Marian Smith

@Shawn Thom

How is the tile holding up? Do you have pics?

Post: Replace Countertops for Rental?

Mary lou L.Posted
  • Investor
  • Wichita Falls, TX
  • Posts 382
  • Votes 123
We replaced ours, I want to say it was around 500. We also used these hard plastic large tiles for the back splash.

Post: Closed on #2!

Mary lou L.Posted
  • Investor
  • Wichita Falls, TX
  • Posts 382
  • Votes 123

 Some progress pics.

Fireplace was removed, I had decided to reface it, but upon demo sheetrock underneath was damaged. This added about 4X8 to the  room!

Turns out the surround had been placed over a window! A hole was cut to let in the light!

The plans are to have the tub repaired and refinished.

Still lots to do!

Post: How much is to much rehabbing

Mary lou L.Posted
  • Investor
  • Wichita Falls, TX
  • Posts 382
  • Votes 123

I am going through this same thing right now..especially in the kitchen, do I put granite or just formica on the countertops?

The neighborhood was build in the 70's and has the finishings to match!

I do imagine what the tenants will be like, Im thinking of course of a family as the home is close to schools, and is rather large. And as a parent I  would want nice looking but easy to clean kitchen. Of course granite is the buzz word and has been for a while,. For longevity in a rental though and from what I understand it needs upkeep.

As the least read the forums about hardening your rentals, that will help in selecting finishes, better paint, hardier fixtures, things like that.

I also haunt craigslist looking for comparables, I found one has the old blue tile in the bath and super old sink, no refinished kitchen mismatched paint through out,...and their price is above what I am thinking of asking for the rent!

Simple and clean, so far that is my mantra when I want to start doing too much and it helps with the spending as well.

And truly it is the bank account that makes the final decision on how much is too much..lol.