let’s talk: CONSTRUCTION IN 2021

let’s talk: CONSTRUCTION IN 2021

Hey Guys! We have had TONS of renovations going on this year – between two full makeovers in Binghamton and Project H – we are REALLY doing it this year. My aunt, who is also in the real estate industry, asked me if we have been affected by the uptick in material and construction costs this year. To be honest, I am […]

let’s talk: ESTOPPEL CERTIFICATES

let’s talk: ESTOPPEL CERTIFICATES

Hey Guys! This week we are closing on a new triplex up in Binghamton – exciting times for #TeamTinyHome. Unfortunately this transaction was anything but smooth. We are buying into a situation where one tenant moved out mid-closing, another tenant has not paid rent since October and therefore we are relying on the third tenant to carry the weight of the building when it […]

let’s talk: EXTERIOR PAINT

let’s talk: EXTERIOR PAINT

Hey Guys! Project H update! We have decided we want to give the exterior a makeover. Currently our entire exterior is a red brick with a beige-ish grout and while it is nice, it is dated, and is  just not the style we are hoping to achieve. So we decided we want to paint the brick and have been doing a ton of research on the matter. So, […]

let’s talk: KITCHEN COUNTERTOPS

let’s talk: KITCHEN COUNTERTOPS

Hey Guys! Right now we are focusing on our KITCHEN remodel at Project H. I think we have redesigned this kitchen 10x at this point, but we are finally at a place that I am really excited about. One thing we are in the midst of debating on are the countertops. Do we go marble? Quartz? Granite? or…. DEKTON? This last product was a […]

let’s talk: HARDWOOD FLOORING

let’s talk: HARDWOOD FLOORING

Hey Guys! Over the past two weeks we have been working on NEW FLOORS for Project H. The plan is hardwoods throughout the entire house except the bathrooms, laundry room and man cave. Right now, they are working on the upstairs. We knew we wanted hardwoods but we did not know if we wanted pre-finished hardwoods or unfinished. We did some digging on both options […]

let’s talk: REI BRAIN DUMP

let’s talk: REI BRAIN DUMP

Hey Guys! Right now, I am working with a fellow Realtor who is interested in working with investors. She has never worked with investors before, so I set her a quick brain dump of all things REI. Before I became a Realtor, I honestly felt it was so hard to find a real estate agent who understood my objectives and was willing […]

let’s talk: CAP RATES & PRICING

let’s talk: CAP RATES & PRICING

Hey Guys! Yesterday I was helping a client come up with his after repair value on a  commercial flip that he is about to close on and start renovating next week  Commercial properties, and properties with 5+ units are typically priced on an income basis. We knew the cap rate we were targeting, 6%-7%, and worked backwards to determine a good list price. Let’s talk […]