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All Forum Posts by: Joshua Wilson

Joshua Wilson has started 8 posts and replied 19 times.

Post: Contractor Recommendations near Joplin/Springfield Missouri?

Joshua WilsonPosted
  • Rental Property Investor
  • Laguna Beach, CA
  • Posts 20
  • Votes 5

Looking for recommendations for Joplin/Springfield area! Help!

Post: Best Rental Property Expense Apps for Tracking/Taxes

Joshua WilsonPosted
  • Rental Property Investor
  • Laguna Beach, CA
  • Posts 20
  • Votes 5

Just closed on first house! For the first one, tracking expenses won't be too difficult, but I'm looking to setup processes in place to automate and streamline it to scale. 

With that in mind, what mobile apps (prefer all to do from my phone as it's always accessible) are the best at tracking miles, receipts, anything else that can be depreciated or deducted from my taxes, and easiest to use (my Dad is wanting this as well so user friendly huge plus). 

Thanks!

Post: Roof Replacing add value, if so, how much as a % of cost?

Joshua WilsonPosted
  • Rental Property Investor
  • Laguna Beach, CA
  • Posts 20
  • Votes 5

Thanks John! It’s definitely needed. My only concern on this older house was leaks and the path jobs done before me were very poor. I’m not looking into paying cash but trying to get a FannieMae Homestyle to cover house/repairs. 

Post: Roof Replacing add value, if so, how much as a % of cost?

Joshua WilsonPosted
  • Rental Property Investor
  • Laguna Beach, CA
  • Posts 20
  • Votes 5

Great find on this website, could be helpful to others trying to find average cost vs value add in projects: 

http://www.remodeling.hw.net/cost-vs-value/2018/

Post: 1st Rental Prop Insured today and quoted $134/month! expensive?

Joshua WilsonPosted
  • Rental Property Investor
  • Laguna Beach, CA
  • Posts 20
  • Votes 5

Details, older house, 1910, but newly renovated, I know there's tons of variables that go into homeowners insurance but for a house valued less than 80k, $1,700 annual insurance seemed extremely high to me. That's with highest deductibles and minimum coverage. 

This is in Indianapolis. Can someone point me in the direction of a local insurer that has cheaper rates? 

Post: Roof Replacing add value, if so, how much as a % of cost?

Joshua WilsonPosted
  • Rental Property Investor
  • Laguna Beach, CA
  • Posts 20
  • Votes 5

Great feedback, thank @Mike Cumbie! I'll see if I can find Indy's %.

Post: Roof Replacing add value, if so, how much as a % of cost?

Joshua WilsonPosted
  • Rental Property Investor
  • Laguna Beach, CA
  • Posts 20
  • Votes 5

I am looking to add a new roof to a newly purchased rental property. If the roof repair costs roughly $7,000, is there any average increase in home value I can expect? Thanks!

Post: Hey Guys, help! [Calc Review] Help me analyze this deal

Joshua WilsonPosted
  • Rental Property Investor
  • Laguna Beach, CA
  • Posts 20
  • Votes 5

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Post: Wanting to Invest Out of State by End of Year

Joshua WilsonPosted
  • Rental Property Investor
  • Laguna Beach, CA
  • Posts 20
  • Votes 5
@Jeff Schechter California investor here doing research last couple months on Indy. Love to connect.