Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Pavel U.

Pavel U. has started 1 posts and replied 179 times.

Post: Minneapolis Residential HVAC Installers- and the Value of AC

Pavel U.Posted
  • Rental Property Investor
  • Minnesota
  • Posts 186
  • Votes 149

I have a great one, he does furnaces, AC's and mini splits. He is not licensed in Minneapolis but is licensed in other parts of the state. If the furnace is already there then adding AC does not require a permit, and he does everything by code anyway. He is anal about quality, and best prices I've seen. If that works for you, send me PM and I'll share his contact. I've used him at least 40 times ;) 

Post: Minneapolis Residential HVAC Installers- and the Value of AC

Pavel U.Posted
  • Rental Property Investor
  • Minnesota
  • Posts 186
  • Votes 149

@Joseph Lee which part of Minneapolis?

Post: Minneapolis Residential HVAC Installers- and the Value of AC

Pavel U.Posted
  • Rental Property Investor
  • Minnesota
  • Posts 186
  • Votes 149

I agree with Tim. If the duplex has all the ductwork already (for furnace) then I would definitely add AC since it's not a very large expense. If the duplex was using boiler for example, adding AC is a lot more expensive, especially in an up/down duplex. Having central AC helps with vacancy and to separate you from rentals with no central AC. But as far as additional income - No. However, with $1700/mo it's already considered more than market rate ($1400-$1500 for 2 bedroom).

Post: What is happening with Miami rental market?

Pavel U.Posted
  • Rental Property Investor
  • Minnesota
  • Posts 186
  • Votes 149

Updating 'original' kitchen from 1970 is not an over-improvement, especially if you're not in a C neighborhood. Crappier and cheaper looking units tend to attract lower income tenants. So by lowering your rent you'll automatically start attracting lower income tenants. All my units have higher end finishes, and rarely sit on the market (except for fall/winter months - I'm in Minnesota), and attract higher income, high quality tenants. Also, I recommend hiring professional photographer to take professional photos of your unit. The pictures I saw were taken with an older phone or bad camera, and have someone else's old furniture in there.

Post: What is happening with Miami rental market?

Pavel U.Posted
  • Rental Property Investor
  • Minnesota
  • Posts 186
  • Votes 149

In my opinion the place itself needs some improvements. It may be the lowest priced condo in the building, but it also looks like 1970. That could very well be your problem. Your choices are either to lower your price by $200/mo, or invest $10,000-$15,000 into it to bring it to 2018 and then increase rent by $200/mo.

Post: Who here is involved with rentals in the Twin Cities area?

Pavel U.Posted
  • Rental Property Investor
  • Minnesota
  • Posts 186
  • Votes 149

There's a Bigger Pockets meet up tomorrow, see https://www.meetup.com/BP-Bi-Monthly-Meetup/

Post: Good Real Estate CPA in Twin Cities Minnesota

Pavel U.Posted
  • Rental Property Investor
  • Minnesota
  • Posts 186
  • Votes 149

Two more thumbs up for @John Woodrich!

Post: Low-Cost Kitchen Cabinets

Pavel U.Posted
  • Rental Property Investor
  • Minnesota
  • Posts 186
  • Votes 149

Yup @Joseph Lee they sell in single kitchen quantities. Also, I've made a mistake, delivery is $20 not $25 lol. I buy them at https://www.bldr.com - their Lakeville location. They have root beer color (shown in pics) always in stock.

Post: Low-Cost Kitchen Cabinets

Pavel U.Posted
  • Rental Property Investor
  • Minnesota
  • Posts 186
  • Votes 149

I've been using Smart Cabinets - Squire Maple - http://www.smartcabinetry.com/squire.php - from a local supplier. Average kitchen is $2,200-$2,500 not including counters or install. However cabinets are delivered for just $25 all assembled and brought straight into the house. Just unpack and install ($500). Some people prefer plywood only, some real hardwood, some particle board. These are: doors and face frames are maple hardwood; sides and backs are particle board but water resistant powder coated and shelves too. Highly resistant to water, scratch, stain, and extreme temperatures. So far I've used them in 5 kitchens and a friend of mine in 3 and we haven't had any issues. Here are some pics of my 2 most recent rentals with these cabinets.

Post: 2-4 unit property that actually makes sense - Minneapolis

Pavel U.Posted
  • Rental Property Investor
  • Minnesota
  • Posts 186
  • Votes 149

@Greg W. very difficult, next to impossible. However there's a plan in the works (hasn't passed yet) with the City of Minneapolis where any single family house can be re-zoned into a duplex/triplex/fourplex.