6 May 2019 | 9 replies
Out of state is way to go for buy hold (with light rehabs).Make Colorado time-trade w-2 money and invest in real estate market with better investment numbers..For on-market deals (MLS/zillow) the buy hold deals, and analysis info are everywhere on the internet from your bedroom, use diligence period, and keep to light rehab........a realtor can help to a degree, but you must own your own hunt, your numbers, analysis and your offer...i would suggest not buying out of state with wholesaler where there is no due diligence or having no boots on ground will be tricky.. and also suggest not flip paper or property out of state...But a buy and hold with due diligence and light renovation from the on-market (zillow) , and analyzing it on your own is do-able than ever and making an offer on it is action...
21 May 2019 | 10 replies
However, given my home reno skills and work in the architecture/construction industry (albeit not residential) I see this as a great opportunity for all of us to make some extra cash in the sale of this property as a ‘light’ flip.
3 June 2019 | 6 replies
Thanks.If you're experienced with the process and don't need much training, there are a bunch of 100% brokerages in the city with light monthly fees and no volume requirements.
2 October 2019 | 10 replies
They were a blessing that saved the project and they continue to be what I think about to cheer myself up when I'm blue.My remodel investment was as follows:Property: purchase price + interest, taxes, escrow, whatever = $25,910Other Carrying costs: water = $241Demo & Hauling: $580 (Craigslist Find)Water Main and Hookup: $1,890Septic and Leech field: $4,250Concrete, Framing & Roof: $17,406DIY Exterior Paint: $470Plumbing: $5,953DIY Solar System & Batteries: $14,181Electric Wiring & Lighting: $880 (Husband is an electrician)Mini-split Heat Pump $2,000Insulation, Drywall, Primer: Plus "shiplap" style wall to cover fed up drywall - $4,489Floors: $3,327Interior Paint & Trim: $520Tile: $5,129Kitchen cabinets, shelves, countertop, sink, etc: $2,483Appliances: (range, hood, fridge, dishwasher, washer & dryer) $1,679Bathroom: (bath, shower, vanity, trim, etc) $1,448Fence and Patio Cover: $3,900"Landscaping": (gravel, shower, tiles, lights, etc) $1,048Furnishing: $1,518Housewares & Decorating: (many from my house as we were moving) $150It took over a year to finish since I ignored it the first 6 months and could only do the occasional weekends once I got started.
16 May 2019 | 3 replies
They were a blessing that saved the project and they continue to be what I think about to cheer myself up when I'm blue.My remodel investment was as follows:Property: purchase price + interest, taxes, escrow, whatever = $25,910Other Carrying costs: water = $241Demo & Hauling: $580 (Craigslist Find)Water Main and Hookup: $1,890Septic and Leech field: $4,250Concrete, Framing & Roof: $17,406DIY Exterior Paint: $470Plumbing: $5,953DIY Solar System & Batteries: $14,181Electric Wiring & Lighting: $880 (Husband is an electrician)Mini-split Heat Pump $2,000Insulation, Drywall, Primer: Plus "shiplap" style wall to cover fed up drywall - $4,489Floors: $3,327Interior Paint & Trim: $520Tile: $5,129Kitchen cabinets, shelves, countertop, sink, etc: $2,483Appliances: (range, hood, fridge, dishwasher, washer & dryer) $1,679Bathroom: (bath, shower, vanity, trim, etc) $1,448Fence and Patio Cover: $3,900"Landscaping": (gravel, shower, tiles, lights, etc) $1,048Furnishing: $1,518Housewares & Decorating: (many from my house as we were moving) $150It took over a year to finish since I ignored it the first 6 months and could only do the occasional weekends once I got started.
10 May 2019 | 17 replies
Your 10% repairs and CAPEX seems a little light.
4 May 2019 | 4 replies
They are usually responsible for anything consumable like light bulbs, smoke detector batteries, filters, etc.
10 May 2019 | 5 replies
The furnace has an automatic pilot light so it doesn't have a flame that needs to be lit.
5 May 2019 | 3 replies
Here is an interesting article that might shed some light.
4 June 2019 | 77 replies
I can't say bad things about my client, I am not permitted to put them in a bad light.