Marc Shin
Under contract on an Older Home (early 1900's).. issues
12 September 2024 | 6 replies
The 2 main issues are that there's a leak in one of the bathrooms that is causing water to flow under the sub-floor and into the crawlspace.
Johana Villamil
Water Damage From Next Door Neighbor
12 September 2024 | 8 replies
They have a water leak and it’s been about 2 weeks. it’s going directly underneath my house to the point that it looks like a lake under my house.
Michael Schaffer
Gas Station Purchase - Newbie advice
8 September 2024 | 9 replies
@Michael Schaffer Gas stations present some unique challenges.
Steven DeMarco
Almost 2 years in and haven't made any money (via cashflow)
20 September 2024 | 114 replies
.), $2.1K of travel (flights & rental cars), $2.3K in software subscriptions (PMS, etc.) and $300 in mealsManagement Fees ($1.7K) - PM fees, booking platform fees, etc.Cleaning Fees ($6.2K) - pass-through charge for guestRepairs & Maintenance ($10.5K) - General R&M ($1.5K), Painting ($1.2K), Plumbing ($1.5K), Pest Control ($500), R&M Supplies ($500), Labor ($3.5K), Linens, Soaps, Consumables ($1.5K)Legal & Professional ($1.5K) - LLC setup & lawyer fees ($350), inspections ($1.1K)Utilities ($6.4K) - Gas (avg. $63/mo.), Electric (avg. $121/mo.), Internet (avg. $60/mo.), Water & Sewer (avg. $107/mo.).Please let me know if you see anything glaring or things that I can work on bringing down or eliminating completely.It's important to note that up until I hired the full-service PM in April '24, I was self-managing from out of state and paid a local boots on the ground resource when needed.
Aaron Lancaster
Water Dripping Down Siding
11 September 2024 | 4 replies
Since you're talking about a leak...Did they have a plumber inspect or a roofer inspect?
Amanda C.
Oil Stains in Driveway - normal wear and tear or deposit?
12 September 2024 | 7 replies
Cars shouldn’t be leaking oil.
Tim Silvers
Cast Iron Plumbing On Flip Property
14 September 2024 | 23 replies
After discussing with my contractor, since there is nothing backed up or leaking and the toilets and sinks are draining properly, there is nothing to repair or replace at this time.
Matthew Irish-Jones
Cash is NOT King... in Real Estate Investing
21 September 2024 | 69 replies
As well those government guaranteed section 8 rents have been consistently increasing every year. 5 Bedrooms are now renting for $2000 plus tenants pay ALL utilities. 3 Bedroom Duplexes are up to $1650 x 2 a month = $3,300 + they pay gas and electric.
Tiffany Roberts
I hate my rentals- should I just sell and be done with this game?
17 September 2024 | 68 replies
If you are taking extensive time managing, spending money on gas, repairs and maintenance you are under water.
Nick Bednarczyk
Capital Markets Overview !
11 September 2024 | 4 replies
Key things this week: Inflation DataCPI drops tomorrow, PPI on Thursday—lower gas prices might cool these numbers a bit.