Kenneth Jenkins
Maintenance Expectations in Metro Detroit
3 January 2025 | 6 replies
We have seen maintenance costs skyrocket over the past 2-3 years and every case is different but here are some general guidelines for reputable (non-crackhead) investor level pricing in our area of operations:Furnace and A/C replacement with lineset for standard 3 bed 1 bath bungalow.
Christy Place
First Flip Attempt
10 January 2025 | 2 replies
We replaced what we would have fixed if we were buying the house ourselves.
Account Closed
Property managers allowed unsupervised showings, resulting in theft
17 January 2025 | 5 replies
The management company replaced some of them, however there are still several other fees related to the theft that we are trying to get reimbursed for (they told us we would not be charged, they charged us anyways).
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
One of them hired a landscape guy, well, the landscape guy never came so I was paying $140 per month for nothing for about 7 months.The other property manager didn't tell the tenants they were responsible to replace the ac filter, that bill was $1000 to replace the AC fan motor.I am really afraid of blowing off the money.
Brandon LaRose
Loan to Finance My ADU ( Not a 1st/2nd Mortgage or HELOC)
14 January 2025 | 1 reply
I already have 2 loans on the property with great interest rates that I'm not looking to replace.
Pixel Rogue
Unique damages from exiting tenant…
30 December 2024 | 5 replies
Fridge door seal is cracked in several areas needing replacement.
Bruce Woodruff
Thoughts on the California fire repercussions
14 January 2025 | 16 replies
I am going to see if I can switch to a local Wisconsin insurance that reflects our local risk level in their premiums.Many of the homes in the Pacific Palisades are 3-5 million, but when you look on Google Street View, most are very modest homes from the 1960s (there are some $20m ultra luxury mansions too), so a lot is the land value, the home replacement value on a 1600sqft may be what - 500k at the most?
John ONeill
Confessions of a First-Time Flipper: What I Wish I Knew Before I Started!
13 January 2025 | 11 replies
Imagine investing in all new, beautiful finishes, only to discover that the drain pipes are faulty and need to be replaced—an issue that could have been identified and addressed beforehand.
Khaled El Dorry
Selling a portfolio
31 December 2024 | 6 replies
In order to defer all of the tax you must purchase a replacement property that is at least as much or greater than what you are selling for.
Giuseppe Di Pietro
Pergola Recommendations for backyard in Clearwater, FL
13 January 2025 | 5 replies
One golden rule I follow,if it takes a long time to fix/replace when it breaks, don't buy a cheap one.Imagine, this thing breaks in the middle of your peak season and the people who can come out to rebuild are 2 weeks out....It takes at least a day or two to build something like this even if you are super skilled.