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13 June 2016 | 123 replies
So I proactively replaced them at the beginning of summer so my tenants could enjoy new units.Roof = 25-30 yearsHVAC = 4000, 20-30 yearsFlooring = 1500-2000, 10 yearsPlumbing = 4000, 20-30 yearsFixtures = 1000, 10 years (I'm assuming this means all faucets and light fixtures)Water heater = 600, 10-15 yearsAppliances = 400, 5 years (although I'm not a big fan of supplying stove/fridge)Components = 1000, 15-20 yearsStructure = 10000, 30-50 yearsKitchen = 3000, 20-30 yearsWindows = 3500, 30 yearsPaint = 1000, 5-7 yearsLandscaping, 100 per yearOverall, the net is that as long as you are on top of maintenance items, make repairs and proactively replace things (and keep adequate reserves to do so), your $30k house will continue to generate cash flow like a little oil well.
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22 July 2020 | 54 replies
It has the downsides of being somewhat invested in oil and being vulnerable to hurricanes, but from what I've read both of these downsides are mitigated by Houston having a pretty broad job market nowadays, and buying homes outside of flood zones.
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2 July 2022 | 37 replies
That coupled with the supply chain problems and the Ukraine-Russian war effect upon grain prices and oil prices suggest that we will be in for a bumpy ride for a bit.
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5 June 2022 | 14 replies
For example, here in Northern NJ, it's common to inspect for in-ground oil tanks during the inspection process.Fourth, the agent needs to provide excellent client service to out of state clients.
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28 December 2010 | 17 replies
But oh, let's listen to the Republican crowd who is basically bought and paid for by the insurance companies, oil companies and other large corps that are killing you off in other ways for your dollar.
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6 February 2013 | 246 replies
We'll know what BP is, however to most of the world it's a big oil company that had a huge spill last year.
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8 April 2011 | 9 replies
The older victorians you have major issues because of age.Knob and tube wiring,galvanzied pipes,foundation issues,asbestos,oil heating tanks,mold,radon,etc.How many other properties are in your name??
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23 December 2013 | 8 replies
wood, electric baseboard in some rooms, oil furnace which is a lennox giant behemoth that does not look like it is in working order.
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16 April 2014 | 21 replies
The seller had decided to not keep oil in the house, so the boiler ran out of oil and the cast iron heat exchanger froze.
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29 September 2015 | 43 replies
Enjoy and have a coconut for me because like you, I'm not in it for the drama.