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Results (10,000+)
Duncan M. Negotiation during Due Diligence period (as is purachse)
5 July 2021 | 3 replies
However, Is it within my right to renegotiate some aspect of the orginially agreed upon terms?
Mark Berge My tenant hasn't signed the renewal lease yet
7 July 2021 | 9 replies
The house is in good repair (this is my first rental property) and I take care of issues promptly like the washer that broke, I bought a new one, I changed the toilet when it stopped working, I paid a roofer to put a new roof on, I paid a mason to repair the front entrance stairs.
Joshua Espejo Common Inspections For Alabama Property?
17 July 2021 | 12 replies
I have a small portfolio out in Kansas city, and the things I've always inspected are the: HVAC, Roof, Foundation, Sewer via sewer scope, and Electricals.
Tarik Griffith Rookie Investor in need of rehab advice
27 September 2021 | 6 replies
I have 2 two story properties adjacent to each other that are currently vacant and uninhabitable, the roof is collapsing and the wooden beams are rotting etc.
Jimmy Kong Advice on handling Tenant Matter during Covid
6 July 2021 | 6 replies
Don't bother with an eviction notice to recoup rents, it'll be months before you get a court date.If the tenant won't cooperate, that tells you how much they value a roof over their head.
Christian Deaton Estimating Rehab Costs as a New Investor
8 July 2021 | 9 replies
.#3 Contact Local Contractors for Labor PricingCall local Subcontractors and get budget pricing for common repairs on your typical rehab project.For example, call a roofer and ask what their average cost per Square of Architectural Asphalt Shingle Roofing would be on a 1,500 sf house, with a 6/12 pitch.Note: Some contractors will be reluctant to share pricing without seeing the property, but tell them you are just looking for a rough budget number you can use on future projects.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.
Erick Duran Don’t just think about it. Do it!
5 July 2021 | 0 replies
I was tired of learning and trying to cover all aspects of how things can go wrong.
Vic B. Owner financing - Being the bank.
6 July 2021 | 6 replies
They forget long-term maintenance like hot water heaters, plumbing and roofs
John Thedford I've Seen That Movie Too--The '08 Meltdown Again?
6 July 2021 | 2 replies
Now we have a situation where we need to build a huge amount of new units just to keep up with demand - we simply have more people than roofs - and so the cost of existing homes has to creep up closer to the cost of new construction plus land.
Evan Tuuk First Property Help! Two duplexes, 4 units
6 July 2021 | 4 replies
Here's some basic info on the property:Asking price: $350kCurrent Gross Rent: $2600Landlord pays sewer/water at $150/month and trash at $64/month.Current owner flipped it 2 years ago so it has a brand new roof and windows, plus new appliances, granite counters, plumbing fixtures, etc.