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16 November 2024 | 12 replies
Consistent with the advice of @Jo Bradley , if I could get through the first couple years financially, keeping current home seems a lot easier than long distance investing...and at least I know what is wrong with my current home (I.e it will eventually need new roof etc).
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21 November 2024 | 1 reply
If a major expense comes about (i.e. roofing repair, hvac, etc) we would split that as well.
22 November 2024 | 5 replies
Until you spend 20k on paint and some new kitchen appliances, but the roof and foundation are still shot and the 100k ARV is more like 70k in reality.
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20 November 2024 | 1 reply
Capex is usually lower, around 2-5%, since major replacements like roofs or HVAC systems are far off.
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19 November 2024 | 12 replies
But then again, some people dislike that aspect of me 😊
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18 November 2024 | 12 replies
In my case it's probably going to be the roof.
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26 November 2024 | 44 replies
If its a New Western deal though I am extremely dubious .. those require extra due diligence as the deals I see coming from them one needs to verify every aspect of what your being told.
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13 November 2024 | 6 replies
Not to mention, solar panels can also be a cause of roof leaks and require regular cleaning to maintain some level of efficiency which is not great to start with while also getting worse over time.
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21 November 2024 | 4 replies
Every 15 yrs HVAC, every 20 roof/kitchen/bath, every 5 flooring...
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22 November 2024 | 15 replies
Consider the emotional aspect too.