All Forum Posts by: Marko Cvetkovic

I am also up for a meet up

Congrats

Kitchen looks good. Painting goes along way.

Numbers look good, did you get a inspection? Breaker box and wiring, HVAC and camera down the main sewer line.

Katrina, are you paying for utilities? Could you raise the rent or would you be able to market the units better if you had a higher efficiency furnace installed?

Jason do you have another property in mind if you sell the 5 unit?

That is hard to estimate, what time of work is needed? How I found my pricing is by getting in touch with contractors or people you know who just had something replaced and asking what they paid.

thank you Jeff

I bought a 3 bed 1.25 bath SFR in a nice area of town. The purchase price was 60k, the rehab will cost around 32k with just fixing up the outside and main floor interior. The problem we (wife and I) are kind of lost on what to do for the full basement with low ceilings. The past owners used wood paneling walls to make a few rooms. And it has a drop ceiling which needs to be removed because it make it to low.

Question 1 is this a 3 bed 2 bath goes for around 145k in area, would it be worth another 12 k to place a bathroom down stairs or simply fix the main floor and outside and sell it for 130K?

Question 2 is should we paint the wood paneling and remove the drop ceiling just to give it some appeal before selling?

Thanks 

I agree with Brandon.