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2 May 2018 | 27 replies
Nothing positive or productive comes from attacking others, particularly when the discussion inappropriately turns to discrimination of sex, age, etc.Regardless what side of the fence you hail from, let’s keep this conversation clean please.- Team Moderators
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3 May 2018 | 23 replies
Beware of wind in Texas markets and hail.
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15 November 2019 | 2 replies
Where can I find a map of a recent hail storms path?
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1 April 2018 | 9 replies
Better yet, I'd hail an Uber or Lyft or something.
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12 April 2018 | 68 replies
My personal experience too and this is for those that do not plan on owning them forever and willing them to your kids or next of kin at a stepped up basis.but for those like me that were thinking hey I will own these 7 to 10 years take the write offs then sell retail..I did all that sold retail but what I was not thinking about is that a 10 to 14 year old home even though I bought them brand new.. to sell retail what was acceptable when I bought them tile counter tops black appliances etc etcnow retail buyers standard is granite stainless new paint 3 colors floors perfect etc etc.so it was costing me 20 to 25k per home to do a retail up grade to sell them for retail prices.. along with cap ex ( which in my case was minimal) since these were only 10 to 14 years old.. but then roofs being replaced because of hail that cost deductible.. and so on and so forth.. the cost of owning and keeping these nice is just more than you can raise rents in most markets.. that's my experience I got top rents in the day but they never went up much during the 10 to 14 years of ownership.. just like I see modest type rentals that rent for 700 to 900 those rents have stayed pretty constant for the last 20 years .. and prices to fix stuff has gone way up..
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8 February 2021 | 19 replies
It states that if it hails and only dents it they wont cover.
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15 April 2018 | 11 replies
If you look at the big things that could break in the next 5 years that wouldn't be due to natural causes like hail, you might want $10-$15k in an account to start out with that is available IN CASE something goes wrong before you have brought in a decent amount in monthly cashflow to build up a reserve account.
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16 April 2018 | 2 replies
Had hail damage to rental properties in 2017.
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28 June 2018 | 21 replies
I'm all for more metal roofs, look beautiful and very durable even for hail.
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4 June 2018 | 11 replies
How serious is wind and hail in the area?