Dina Schmid
Negotiations When Purchasing Existing STR
1 November 2024 | 19 replies
Helical piers placed every 5' should fix this, but for a significant cost. 3) Due to a toilet becoming loose and failure to recognize that the toilet leaks every time it is flushed, the subfloor has "significant deterioration."
Jeff S.
Suggestions to impact appraised value & tax benefit for 2024?
27 October 2024 | 0 replies
We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!
Steve Gardiner
Does it make sense to build additions on rental homes?
26 October 2024 | 3 replies
The roof looks in relatively good shape (I don't know the age) although I did notice a very small leak in one part of it and the facia is rotted in several places.
Jamaal Smith
My monthly tax payment increased by a $600
29 October 2024 | 15 replies
The tenants only have to pay electric and they get parking, and a garage while I cover water, sewer, trash, and gas.
Heather Luu
Contractor Issue- Need Advice How To Move Forward
31 October 2024 | 17 replies
I already met some new contractorswho said can finish the work within the $60K budget, however, they didmentioned some things the contactor did wrong with our house that they wouldhave to fix (leak in our roof from our chimney, new gate hinges because they put the wrong ones on there and other small things).
Nicholas G Brown
New Beginnings in Real Estate
25 October 2024 | 1 reply
Coming from oil and gas and healthcare, we’re new to this industry but driven by the same values that guide us in life: family, hard work, and dedication.
Joey Gong
ceiling leaking repair
18 October 2024 | 5 replies
Two of my rentals have some leaking from the ceiling in the rooms and don't see much actual damages on the roof itself.
James McGovern
Best Practices in Avoiding Painful Buyers Agents
27 October 2024 | 23 replies
Then I asked her when was the last time you saw a heat pump with a gas line going to it , and the words on the front of the furnace says Reem Gas furnace ?
Joe S.
Cheap way to fix a roof? No HOA
21 October 2024 | 23 replies
Where is it leaking, roof composition, pitch, etc?
Tony Thomas
Should I start a property management company?
24 October 2024 | 12 replies
Often the PM company has in house technicians who can complete work order requests for far less and in less time than the property owner who has to call the local plumber to resolve a leaking sink.