Eric Andersen
Using rental income to qualify for next purchase
22 July 2021 | 2 replies
They would see this as a wash and not count the additional $1000 as more income due to potential vacancy.
John Dahl
What are the best markets in REI that few know about?
28 December 2021 | 38 replies
For most of the homes the carpets alone were $3200 to $4900 plus two coats of paint on every wall and ceiling, replacing broken bathroom sinks, kitchen sinks, faucets, repairing air conditioners, replacing cracked times on roof 36 feet high, bringing in 4 to 8 tons of rocks to make the yards look nice, trimming trees, repairing sprinkler systems and the piping, replacing refrigerators, stoves, washing machines clothes dryers, water heaters, painting garage floors ceilings and walls, bringing in 20-yard trash bins to remove all the carpets, trees trimmings and trash left by tenants, replacing all the window blinds, door knobs that are broken and locks for the main door and locks for the garage door so the keys match, repairing garage door openers that are broke, repairing the garage door rollers and seals, painting the trim outside the house, replacing facia boards that are 36 feet high, replacing window screens and the screens on sliding doors, replacing entire windows just because tenants broke the window locks and they cannot be repaired, replacing kitchen counter tops that are destroyed, replacing all the kitchen doors and drawers because tenants destroyer the cabinets by hanging their wet laundry in the kitchen cabinet doors to dry. replacing garbage disposers, dishwashers and the list goes on and on.
Bryan Danger
Exit Strategy/What's your "number"?
16 September 2021 | 108 replies
There's lots of things on a daily basis that I'd rather not do than do - take out the trash; cut my fingernails; do the laundry; etc.
Clinton Ide
Mobile Home Park deal! Need experts!
27 January 2022 | 8 replies
And then go there and see what types of repairs may be necessary as well as what other income opportunities there may be (laundry, vending machines, storage, etc.).
Marcus Holloway
Refinancing a seller financed rental
29 July 2021 | 9 replies
Did they send you a laundry list around day ten?
Sebastian Torres
Getting started as an investor
1 August 2021 | 4 replies
Change your story each month as different stories will resonate with different people AND use wash story to emphasize one of your “who do you know…” questions.
Peter Morgan
Cost of painting an apartment?
31 July 2021 | 10 replies
Wash the walls with warm water and a bit of Dawn dish soap (or TSP).
Miho Y.
Tenant wants to operate her business
31 July 2021 | 4 replies
If she's not having increased wear and tear (eg cleaning company that would have extra laundry) and not having customers in the home, I don't see a problem with an online company.
Rodney Burayidi
2nd Deal: Tenant Moved Into 2 Bed/1Bath Unit in Backyard in ATL
31 July 2021 | 0 replies
After 15 minutes the plumber came back with a laundry list of “creative” configurations that had been done throughout the home.
David Lyons
Solar + New roof in House Hack
4 August 2021 | 3 replies
You might have spare kwh to use for ev charging if youre interested in an ev car.The only downside I see when including electric in the rent is the TOU. kWh are usually pricey during on peak hours, and if they decide to use the ac and do laundry during those times then you might surprised by your electric bill.