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3 October 2017 | 6 replies
Repairs were estimated at $37K but we ended up with $50K due to unexpected air conditioner issues plus a few misc things.
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6 October 2017 | 4 replies
Also sounds like if you pay cash you will not have any reserves and I highly recommend having some cash reserves for the unexpected and unforeseen costs.
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7 October 2017 | 82 replies
These forums do provide an outlet for my real estate addiction, in addition to it being a business tool.
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6 October 2017 | 4 replies
I think it's best to put down as little as possible and keep reserves for unexpected capex or vacancies.
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6 October 2017 | 6 replies
Every now and then you can find grip strip flooring at the local Bargain Outlet and Lumber Liquidators...but you can't count on it.Lumber liquidators also carries a lot of peel and stick (full surface) vinyl plank flooring.
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6 October 2017 | 10 replies
No water leaks, no peeling paint, no faulty outlets, etc.
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7 October 2017 | 29 replies
Of course, things break unexpectedly and off-schedule, but this gave a good idea of what non-emergency reserves "should" be.
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27 April 2018 | 12 replies
Their CEO just did leave unexpectedly so don’t know what their future holds.
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17 October 2017 | 3 replies
I had a property under contract when another unexpected project came up on another property I own, so I decided to wholesale the new property to another local investor instead of rehabbing it and was hoping to just make a few thousand on the deal.
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7 October 2017 | 4 replies
Mike Dorneman This isn’t the most popular option you’ll see but I’ve used Sears Outlet before and perused the “open box” deals at Lowe’s and Home Depot.