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18 August 2024 | 14 replies
Bring an air compressor with fittings, hook it up, go around listening for air leaks.
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18 August 2024 | 11 replies
The hard part will be finding the leak in that case.
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20 August 2024 | 11 replies
Every item from a roof to a dryer has a depreciation schedule that is fairly standard.One income property is really easy to track if you associate it with one bank account.
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20 August 2024 | 4 replies
I ended up replacing a tar roof on front because it looked too shabby after the full rehab.
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20 August 2024 | 5 replies
After swallowing some lumps thanks to one thread I posted back in April, I should (crossed fingers, no blown furnaces or sheard off roofs) be in a good position next year to reinvest.This is hopefully not a beat the dead horse, "where is the best cash flow in X" post, more of a strategy question for anyone who knows the market in CT.Here is what my limited knowledge/intuition tells me: Waterbury, Bridgeport, parts of Hartford cash flow best because of the inherent risk, lower fairfield county cash flows worst (today) because of NYC effect on price/rent, and there is an in-between SOMEWHERE.I think that somewhere is in the central part of the state between route 8 and 91 north of new haven, east of waterbury.
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21 August 2024 | 5 replies
You need a place to live, so find something that provides a roof over your head and the potential for a return.I know a guy that buys fixer-uppers, lives in them for a couple years, renovates along the way, then sells for a profit.
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18 August 2024 | 2 replies
Have a 1960s 30 unit single story motel where we are coming up on some end of life issues: the cast iron plumbing is disintegrating underneath bathrooms, radiators are starting to leak, electrical is in poor condition, and just today, discovered significant termite damage affecting multiple rooms.
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18 August 2024 | 16 replies
What about the plumber that stops a flooding leak on a Sunday morning or the HVAC tech that fixes a furnace under a crawl space in the middle of a freezing night?
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17 August 2024 | 4 replies
Quote from @James Nix: It's obviously a leak and the most likely culprit is the toilet.
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19 August 2024 | 4 replies
They are willing to sell, but it would need to be at a good price because it needs things that my side already had done (roof update, windows).