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Results (10,000+)
Thomas Klein Second Buy and Hold Property
18 July 2020 | 1 reply
I ended up taking up all the real oak wood floors that were damaged from an air condition condensation line leak and replaced the floors with all new tile throughout all the bedrooms, hallway, dining and living room.
Javen Harris 17yo looking into getting into real estate after high school.
19 July 2020 | 8 replies
Leaking pipes, causing water stains in the ceiling/wall etc. 
Dustin Garrels Buying vs building a portfolio
7 October 2020 | 4 replies
Fortunately I have an amazing team around me who are able to help bail water out if the ship starts springing any leaks.
John Newbold 2005-07 Tukwila, WA flip
18 July 2020 | 0 replies
Upstairs washing machine hose leaked, flooded basement.
Paul Saechao Rental Property Analysis - Beginner - Am I doing this right?
22 July 2020 | 7 replies
Thats a lot of time for leaks, mold, squirrels, etc to wreak havoc.Get a tour from an agent or go visit the property in person and look in the windows.
X Sun Remote repair for rental property as a newbie
19 July 2020 | 0 replies
Hey guysI came across a good deal for a house I would like to get as a rental property, and made my offer.After inspection, the report show some issues that can not be ignored plus some minor issues (faulty dishwasher, not working garage door, faulty exhaust fan, etc.).The house probably needs to get new roof, new AC, new furnace, attic pest and some plumbing leaks that need to be fixed. 
Mark Oliver New Rental Investor Help. Am I Over-Analyzing?
20 July 2020 | 2 replies
Offer Options:Offer 1:$60k Cash purchaseFlood insurability contingencyContingent acceptable results of roof inspection at buyer's costClose in 30 daysOffer 2:$90k purchase$10k down $80k + buyers closing costs in seller finance at 5% 20 year terms with 10 year balloon No prepay penalty (~$545/month)Flood insurability contingencyContingent acceptable results of roof inspection at buyer's costClose in 30 daysOffer 3:$90k purchaseContingent on 80% personal loan (i.e. appraisal)Inspection contingencyFlood insurability contingencyContingent acceptable results of roof inspection at buyer's costClose in 60 daysMonthly Cash Flow AnalysisScheduled Rent2,100.00Laundry (Est)0.00Other0.00Vacancy %(168.00)8%Vacancy LossTotal Income1,932.00Accounting(25.00)Legal(20.83)AdvertisingBusiness ExpensesElectricityEviction (20.83)2 unitsGarbage (64.71)Gas/fuelGroundskeepingCurrently tenantsInsurance (dwelling)(33.00)Turnover Cost(187.50)1 turnover/ year at $1500Insurance (liability)0.00Flood Insurance(166.67)Licenses(18.33)Management(42.67)6% + 1 turnoverOffice Supplies and postage(10.00)Pest ControlPool UpkeepProperty Taxes(244.33)Repair and Maintenance + Cap Ex(225.00)-2700Snow RemovalHOA FeesTelephoneWater and Sewer(95.83)Cash Investment48,000.0020%Property Purchase Price90,000.00Total Financed69,300.0080k to seller loanLoan 1 DescpriptionPersonal LoanLoan AmountCash DownInterest Rate3.50%Points0.00%Points Cost$0.00Closing Costs-$2,700.003.00%TermAverage Monthly Interest in first yearMonthly Payment-$402.00No escrow included.Total Monthly Expenses-$1,556.71Cash Flow$375.29Cash on Cash9.38%Cap Rate25.76%
Ryan Kinley Utilities left on by tenant
19 July 2020 | 1 reply
I had a tenant move out in September 2019 and I did not go in to make it rent ready until the end of December but made sure it was cleaned out and the heat was at 55.Basically she never had the gas shut off and there was roughly a 2 month period that it was in my possession.
James West Considering Turnkey Investment, Need Strategy
20 July 2020 | 8 replies
Five months later, when I had time to visit, the property had big hole on the ceiling in the living room, the basement was leaking, the shed was falling apart.
Bradley Miller Help me analyze this 5-family deal!
29 July 2020 | 1 reply
. $1250 tenant pays utilitiesThere are 5 boilers for natural gas heat.