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Results (3,218+)
Brandon Turner What's Your Best Landlord "Hack" ?
25 August 2016 | 101 replies
A refrigerator or freezer transported on it's side or back needs to sit for at least 24 hrs. before being plugged in.
Virginia Jones Air condition unit freezing up. Advice on repair
20 June 2017 | 5 replies
The most common problem is low airflow caused by dirty filters but there are other reasons, such as problems with the supply fan, clogged coils or low refrigerant levels.
Jeff A. New HVaC system. Average cost?
21 November 2018 | 29 replies
Over sizing and under sizing a refrigeration system can drastically raise electrical costs and cause the unit the prematurely fail.
Keith Ellis Replacment of the water fillter.
22 June 2015 | 4 replies
It would depend on who put the refrigerator in the apartment. 
John Jackson Was this mortgage fraud?
7 September 2019 | 130 replies
I closed on a house that the seller decided to abscond with the refrigerator and stove, claiming that they weren't working properly so he "did me a favor" by having them hauled out of the house before closing.
Brandon Sturgill Is Ungrounded Electric a Deal Breaker for End Buyer?
3 November 2015 | 23 replies
Grandma didn't have a problem plugging in her old-timey radio, so your buyer totally won't have any issues plugging in their TV, computer, stereo system, vacuum cleaner, flat screen monitor, cell phone, refrigerator, dishwasher, modern HVAC, washer and dryer, upgraded lighting package, and stove... and then running them all at the same time over undersized, out of code wiring with no grounding.Totally okay.
Kimberly Johnson Detroit. Detroit. Detroit
27 December 2021 | 43 replies
Lets break down the costs:PM to serve 30 day - $50Lawyer to handle the eviction $300Bailiff to evict - $600Dumpster for eviction $325Loss rent June,July, August - $2175Total - $3,450If Bob walks off with your stove, Refrigerator, Furnace and Hot water heater as he goes you can add another $2500 (I never supply appliances btw)PM has to turn the place now - Paint, minor repairs you're probably looking at $2,000If Bob didn't steal all your stuff you've made $2500 on this property now for the year - if he did you are even.
Alex Price Wholesale Duplex In Ohio
30 December 2008 | 0 replies
I am selling it for $25K and after the work is completedthe numbers will look like this:Two hot water tanks (1 for each unit) - $800 x 2 = $1,600One new Furnace - $1,200New electrical - $1,100Two new bath tubs (1 for each unit) - $1,200 x 2 = $2,400Two new toilets (1 for each unit) - $500 x 2 = $1,000Two new sinks (1 for each unit) $350 x 2 = $700Two new stoves (1 for each unit) $500 x 2 = $1,000Two new refrigerators (1 for each unit) $600 x 2 = $1,200New carpet for each unit - $3,000 x 2 = $6,000New paint for each unit - $2,000 x 2 = $4,000Tile for kitchen floor each unit - $500 x 2 = $1,000Total Estimated rehab costs - $22,200Purchase and rehab costs - $44,600Estimated after rehab value - $90K Purchase and rehab equity - $45,600Purchase price equity - $68,000Gross monthly rental income each unit - $550/$550 = $1100Estimated gross annual income - $1,100 x 12mos = $13,200/yrGross annual return - $13,200/44,600 = 29% returnWater/Sewer - $150/mo.Taxes and insurance - $150/mo.Property Management - $110/moTotal Expenses - $410/moNet monthly income - $690Net Annual Income - $690 x 12mos = $8,280/yrNet Annual return - $8,280/44,600 = 18.5% returnEstimated time for completion – 6 weeks (45 days)
Shahram Zarshenas Costs to account for in Short Term Rentals
31 August 2019 | 5 replies
Let's say you're putting 20% down on a conventional mortgage your GOAL is to NET $2000 per month, assuming no large cap ex items such as HVACs, couches, roofs, refrigerators, etc.
John LaVecchia How should I invest my first $8,000
23 January 2018 | 9 replies
Hey John,It's super awesome that you are debt free, have $8000, and that you are 19 and already thinking about ways to set yourself up for the future.I'd definitely recommend building up some more reserves if you want to buy a multi-family because you will have closing cost and one usually pre-pays taxes an insurance.Additionally, you'll likely need to spend some money on any property you buy for things such as painting and minor repairs.You'll also want to have additional reserves so that you can cover unexpected big expenses such as a furnace repair or a refrigerator that quits.Another solid option to consider is buying a single-family and renting out rooms.