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6 July 2024 | 10 replies
Find out the life expectancy of a hot water tank, then bill the tenant the difference.
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7 July 2024 | 13 replies
agree with everyone else one thing to have it on a home you live in. but for a rental no way.your tenant expects stuff fixed.. even manufacturers warranties are fairly useless to the landlord.one of my units had a 2 year old water heater crap out.. but by the time you apply for the warranty etc what do you expect your tenants to do go without hot water for weeks ?????
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8 July 2024 | 35 replies
With the Shenandoah River running right through the Valley, it makes any property on the river a hot item but could potentially add additional insurance to the property for being in a flood zone.
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5 July 2024 | 0 replies
Tried to get back into the REI game to buy a rental in early 2022, but I was only looking in "A" markets (had a single realtor giving me all the advice), and competition was way too hot, so I hit the pause.
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5 July 2024 | 2 replies
If there is one I have to say, the market is still running hot!
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5 July 2024 | 19 replies
Since it is remote, I can alter if there's a good reason to do so - over the winter I had to unlock the bottom end because the guests were too hot at 72 degrees (they were running the heat) and the thermostat doesn't have different set points for heat and AC.
4 July 2024 | 6 replies
The water heater is turned off (no light on the dial - used to be green) and there's no hot water in the unit.
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4 July 2024 | 14 replies
But then I run into due-on-sale clause issues (I understand the hot topic that is, not for this post).
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4 July 2024 | 11 replies
I feel in this market it is difficult to get outsized returns (S&P seems very hot and might be hard to sustain 7%+ returns in long term.. but even if so, I’m risk adverse so would probably keep it my HYSA)I did run the numbers if I were to prepay $60,000 now and it appears the IRRs are lower (because of the higher cost basis).
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3 July 2024 | 6 replies
Anything that's quick and easy to purchase when someone is washing a car on a hot day.