A: "That window over there is broken".....

Hi BP -- I'm currently working on my first House Hack. I'm debating whether or not to fix old sewer waste pipe. It is a huge ticket item and can eat ~30-40% of my reno budget.Today I did a walk through with plumbers a...

In the lease agreement, I would also add a clause that any "call outs" will require the tenant to pay for the repair/fix (unless they or handyman can conclusively prove that the landlord should pay for whatever is broken or is in need of being fixed).

Each parts of this loop could be broken and get investors stuck, therefore, Flipping is a very high risk, experience and team&networking based game, it is not for everyone, the chances to win the game is low!

I'll sound like a broken record, but STRs definitely hold a lot of hidden costs and regulations.

For example, a broken fridge door, broken window, holes in walls…Normally I would repair it but what if it’s becoming a constant thing?

Meanwhile, I'm talking to this guy and he said in his other property, the little old lady paying long term rent, moved out, and within a week, the neighborhood people had broken in, had a party, broke most of his doors, stolen all his copper and HVAC, etc.

No broken windows, no peeling paint, etc.Good luck and best wishes.

REI investors need to be broken up by type and bandwidth or existing equity to apply this discussion.  

Let’s just pray that we don’t get a “hot” inflation reading between now and then.Average 30-year mortgage rates have broken convincingly below 7%.