Jason Greenway
Is this a solid idea? Just wanna know if this is an 'attainable' path.
26 June 2024 | 5 replies
I have about $300 on my credit cards (just finally paid them off for the most part, and have about $20,000 limit).My cash on hand is relatively light, but what my plan was was to find some single family homes in the north Detroit area (currently anywhere from $40-$60k and put about $15-20k tops into any repairs or fixes (not looking for total rehabs, mostly something I can do some small repairs here and there and paint, personally I am knowledgeable about renovating up until complex electric and plumbing).
Marty Rogachefsky
Prepping a House for Section 8
25 June 2024 | 18 replies
One more question.I was looking at the Inspire HCV Form and there's a star next to "Primary Cooking Appliance Missing" and "Refrigerator is Missing."
AJ Wong
Top 7 reasons to consider an STR vacation rental investment on the Oregon Coast
25 June 2024 | 1 reply
Other STR related expenses such as electricity and gas are generally more investor friendly and bonus no sales tax in Oregon.- Distinguishably & Scarcity: One challenge (and opportunity) of investing in Oregon is healthy and happy properties.
CJ M.
Horse hair plaster and lathe. Is it worth purchase?
25 June 2024 | 5 replies
And electrical was/is?
Jonathan Edmund
What To Know Before Buying A Short Term Rental in Myrtle Beach
26 June 2024 | 16 replies
A lot of the fees will include all of your utilities including electric, internet, water & sewer etc..
Marlia Stone
Investment Property Gone Bad
23 June 2024 | 67 replies
I once almost bought a house that the electric was off.
Adam Eckhoff
Section 8 - What am i missing?
25 June 2024 | 10 replies
Your local S8 Housing Commission should have an info sheet on their website that shows their deductions if landlord chooses not to include electric, gas & water.Even more critical, your $680 mortgage amount, that you appear to be comparing to the S8 rent, should include ALL the other housing ownership costs: property taxes, insurance, vacancy/tenant nonperformance (S8 tenant may have to pay part of rent), maintenance & miscellaneous.Suggest you use the BP Calculator for this.
Chad Shultz
Small Town Motel turned into Big Returns
24 June 2024 | 1 reply
The 13-unit original motel, built in 1958, has been completely renovated to 2023/2024 standards and upgraded with all new electrical, plumbing, and internet structure throughout.
Daniel Mendez
Diving into my 1st rental (DFW)- Input your Advice & Guidance
22 June 2024 | 5 replies
For example:General-Filters (furnace, air conditioning, oven exhaust, refrigerator, and water)-Stove burner when the “eye” needs simple replacement-Batteries and remotes that service the premises-Fan and light pull strings-Smoke and carbon alarms testing and batteries-Ensuring appliances are properly plugged in, hooked up, and used-Removing dirt, debris, and lint in and from connection pipes (e.g. clothes dryer)-Tighten loose screws on all home functions (e.g. doors, hinges, handles, socket -Balancing off-balance appliances-Cable, internet, and phone jacks-Fire extinguishers-Systems operation (e.g. security, irrigation, HVAC)HVAC-Monthly A/C filter and drain line maintenance Electrical-Reset “tripped” GFI breakers-Light bulbs (throughout and at the end of the tenancy)-Blown fuses-Reset breakers in the outside and inside breaker boxes-Socket and plug outlet coversPlumbing-Unclog drains or toilets-Caulking around tubs and showers as needed-Gas pilot lighting-Leaky faucets and shower heads-Toilet flappers, handles, seats and seat lids, tank lid, and flush kit-Sink and tub stoppers-If septic tank present, use RID-X as directed on consumer box-Proper cleaning of garbage disposal-Loose faucets and sprayer heads and hoses-Faucet filters (i.e. aerator)-Open exterior plumbing clean out when necessary (e.g. sewage backup)Exterior-Routine lawn (and pool) maintenance-Adjusting sprinkler heads as necessary-On the last month of tenancy, tenant must perform required lawn maintenance no sooner than 2 days prior to vacate dateThere’s a lot to consider as a landlord.
Neil Narayan
Austin’s Evolution into Tech Hub and its Effect on the Office Commercial Real Estate
23 June 2024 | 0 replies
.- As semiconductor, electric vehicle and other advanced manufacturing companies flock to central Texas, companies in adjacent high-tech industries are piquing interest in Austin.Austin is one of the most dynamic and exciting technology hubs in the world.