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15 March 2024 | 37 replies
In my duplex, I have an electric heater installed on the wall in the back stairwell.
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14 March 2024 | 13 replies
Hello BP Community,I've been following the social media channels closely and decided to hop on here and say hello 👋🏻I'm Marco, and I'm 29; I was born in Italy, traveled the world with my wife for the last four years, and eventually settled in the Canary Islands for 1.5 years.I hold a PhD in Electrical Engineering and have worked in tech for the last five years, which eventually granted me an NIW green card.We (my wife and I) hold a $1.2M+ portfolio of 4 self-managed short-term rental properties (across the Canaries and Italy) and a long-term property in Rome, Italy, that we rent out to students.
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13 March 2024 | 6 replies
But overall the worst I can see it being is it needs electrical and plumbing and painting..It would be my first deal so it lets me put my foot in the door so I can then take a home equity loan out of it to get into my next deal with a higher chance to negotiate the price down.Also the population density of Puerto Rico is so high that it seems unlikely I won't be able to find a tenant rather quickly, especially when a majority of the island is under affordable housing..
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14 March 2024 | 35 replies
Hair dryer (due to electrical requirements if traveling overseas, so this would apply if you attract international guests)4.
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12 March 2024 | 5 replies
I plan to fix foundation, do roof replacements on both structures, do bathroom remodels across 2 bathrooms, new flooring, electrical repairs, add fence & gate, more landscaping. 3. 3plex is held in a LLC of mine. 4.
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13 March 2024 | 25 replies
Not to mention I had fridges and electrical fixes.
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13 March 2024 | 17 replies
I am not good enough with electrical and roofing to catch what my inspector has called out in the past.
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11 March 2024 | 7 replies
Also look at the type of electrical wiring as that can be an expensive repair if it needs to be updated.
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11 March 2024 | 2 replies
HVACPlumbing Electrical RoofStructure Any of these could be $0 to $30,000.Then flooring, kitchen, bathroom (s)$3500-$20,000 ,Each.
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13 March 2024 | 15 replies
This can be pretty pricey, other than the land and home it is my biggest expense-Permits, all kinds-Electrical installation-Any landscaping.