There are 2 roof leaks and the drywall is falling down in both areas its so wet, but the roof was new!

I'm not a fan of HOAs, the fees can be onerous.But I have benefited by getting a new roof, new siding, and a new parking lot from the HOA fees that I paid.And besides those extraordinary items they also provided grass cutting, snow removal, heat, hot water, sewer, trash removal, insurance and outside maintenance.And besides those normal fees that I would have had to provide they also provided some items that I would not ordinarily provide like swimming pools (hate the maintenance and the liability), tennis courts and club house.

I heard a leak and after some detective work and cutting open the back of my kitchen cabinet I finally have located a few pin holes at the bottom of a kitchen copper drain line.These pin holes unfortunately are impossible to patch in that the cause is corrosion and is almost always caused by tenants or previous owners sending hazardous chemicals like Draino down the line and those chemical sat at the bottom and ate at the line and eventually you get holes.

Those numbers don't seem like much but I'm not sure how to judge them.I've found out that one of the main draw backs is the fact that the home has a flat roof.

They are Wells Roofing LLC and Wells Construction.This website appears to be an incredible opportunity to network with others who are ambitious and excited about investments and real estate.

I have a friend who has rentals and had the steel chimney taken out of a roof when he was having it re-roofed.

If I call my roofer and tell him I have a roof leak in one of my rentals and send him out to fix it, he's going to fix it and bill me.

Good news is they add in any paperlosses like depreciation and any 1 time expenses such as a new roof, new kitchen, etc you can prove with organized receipts.Schedule E Calculation:Non-Subject Property:AddLine 3Line 12Line 18MinusLine 20Divide by 12 - mortgage payment = net incomeSubject Property:AddLine 3Line 9Line 12Line 16Line 18MinusLine 20Divide by 12 - PITI = net incomeIf you've had the property on 2 years of returns and the income is increasing they will average the 2 years if the income is decreasing they will use the most recent.

Now that FEMAs jacking up their rates through the roof private insurance can step in and offer rates that now look good in comparison.

Parts of Texas get some pretty fierce hail storms that wreak havoc on roofs.