Mitchell Hein
New AC unit
10 October 2024 | 25 replies
Just talked to my AC company, and furnace isn't an option since we don't have gas to the property.
Edward Wylie
Question for Fix and Flippers and Hoarder Homes
4 October 2024 | 17 replies
You should have masks with you at all times for environmental pollutants when looking at hoarder houses - animal feces, dead animals, asbestos, gas, etc.As for protocol, hoarder houses are not an easy buy because if the resident is still there it's not a money issue, it's an emotional issue.
Daisy Hawkins
Do I run the risk of exposing my anonymity by transferring from personal name to LLC?
8 October 2024 | 36 replies
So as soon as your number leaked out in ONE place, it's out there.
Dee Mandrekar
New to Section 8
6 October 2024 | 7 replies
@Dee Mandrekar highly doubtful there's such a big difference between market rent and S8 rent.First off, the GROSS S8 amount includes specific amounts for all utilities - electric, gas, water, trash, etc.We do NOT recommend including utilities in the rent because S8 only pays a certain amount and the owner is then exposed to tenant abuse of utilities.
Jacob Swihart
Seeking Advice on Leasing Our Home and Moving to a Mobile Home
4 October 2024 | 10 replies
**Save money**: With reduced expenses (gas, power, tolls, etc.), we estimate that we will be about to increase our savings from about $600 per month to about $2,000 per month.4.
Joshua Melero
Security for fix and flips
4 October 2024 | 3 replies
Moving the lockbox to a less visible place like gas pipes, garage door, etc.
Jose Quinones
Long term visitors raise water bill
2 October 2024 | 8 replies
Since they don't all go up, we do a maintenance inspeciton to ensure there is not a leak or running toilet then we increase rent to compensate.
Carol Bahou
self directed IRA to invest in real estate
30 September 2024 | 21 replies
I have been invested in oil and gas mineral rights making double digit returns hassle free.
John Underwood
Hurricane Storm damage in SC
2 October 2024 | 13 replies
We have water and gas to heat water and run stove.
Kyle Reynolds
Should I Sell or Rent Out My Home? Weighing Investment vs. Cash Flow Concerns
2 October 2024 | 9 replies
I’m moving out of the house soon and will be living rent-free with my wife at my parents' place in the Bay Area due to some recent life changes.Here’s a breakdown of my situation:Location: Sacramento, CA (4 bed, 2 bath, recently renovated)Current mortgage payment: $3,940/month (including escrow)Mortgage balance: $475,000Current home value: $515,000 - $535,000 (based on comps)Rental estimate: Property management companies are quoting $2,600/month (with fridge/washer/dryer included), but some websites suggest it could go for up to $3,000/month.Planned budget:$540/month for capital expenditures and maintenance$100/month for lawn careTenant to cover utilities (gas, electricity, water)7.5% vacancy rateWe bought the house thinking it would be our forever home, but with our current situation, I’m trying to figure out the best long-term plan.