Kenneth C.
Post Eviction (Cut Utilities)
4 October 2024 | 12 replies
My friend scheduled for the electricity to be turned off after the tenant assured them that they would be gone by September 30.
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.
Tanya Maslach
Advice on deal in Denver
6 October 2024 | 5 replies
What's the condition of major systems like plumbing, electrical, and roofing?
Albert Johnson
Tenant wants to remove light fixture
2 October 2024 | 10 replies
Ceiling fans need to be secured differently than a basic ceiling to be stable and this is of course electrical work so allowing a tenant to potentially do it is a liability issue if they got injured. 2.
Shawn C.
Insurance options for HouseHacking (house mate) but for limited duration stays
2 October 2024 | 9 replies
It was expensive but included commercial liability, premises liability, alcohol, a bed bug extension if needed, and so forth.
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.
Stuart Udis
Don't let the cheerleaders drown out sound advice
4 October 2024 | 16 replies
At 1 community there is a year round contract for 3 bed-bug extermination heating units, year round, and there at work 24-7.
Darnell Robinson
DSCR loans for $50-$80k purchase price
6 October 2024 | 33 replies
Old electric, just all the issues.
Bruce Woodruff
Old wood (houses) are better (From FB)
1 October 2024 | 2 replies
A good rule - as long as the plumbing and electric has been updated, a well-built home from the mid-20th century is a better investment and will likely outlast a newer build.Credit to the respective author