
4 May 2018 | 11 replies
Either burn off the existing fuel in the furnace , or drain it , or give the fuel away .

11 May 2018 | 2 replies
Solid offer, but they hired an engineer that basically convinced the home owners that the roof was going to collapse on itself, I HAD an engineer's report stating that everything was fine. 2nd offer busted....FINALLY, the 3rd offer closed....What a crazy journey, lots of emotions and frustration.

6 March 2020 | 11 replies
There's a gas valve and you need to light the pilot if it burns out but that's pretty much it.

19 February 2018 | 26 replies
You'll get burned if you try and jump right in.

18 February 2018 | 2 replies
I'm an engineer, and so I'm hoping that the answer to question 1, will help with question 2.

27 August 2017 | 23 replies
No wait, don’t answer that, i’ll start another thread)Vacancy Buy in markets with strong fundamentals (pop growth, job growth, job diversity) Buy in good quality B class neighborhoods that would maintain renters even in a downturnSave 5% gross rents for vacancySave for inevitable lease up feesRent Prices Drop My numbers predict i could stay in the black even with a 10% drop in rental prices (see example below)Other At time of purchase i set aside 6 months of gross rent in cash, for reservesSample PropertyThis is a sample property is actually more like a higher c class, but i you could move the numbers up higher and see the same thing with a B class SFRPurchase Price: $60,000Closing costs: $4,000Rent $900Vacancy ~ $45(5%)Maintenance ~ $45(5%)Capex ~ $125Op expenses(tax, insurance, lease up, mgmt) ~ $162NOI ~ $522Mortgage: $261Heloc: $68(at current rate) - $160(at highest rate)Cash flow: $193(at current rate) - $101(at highest rate)I'm a little scared to ask this, but better burned on BP then in real life, so here we go.What am i missing or what did i not think of?

14 August 2017 | 9 replies
Obviously electricity demand is only going to increase in the future, which leads to a greater chance this place will burn down.

21 March 2018 | 19 replies
Those overleverage investors are the first to get burned.
13 June 2017 | 4 replies
With the volume I buy and the experience I have I still get burned 1 out of 10 times.

14 June 2017 | 3 replies
I currently work as a civil engineer for geotechnical engineering company here.