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11 July 2024 | 10 replies
If you have a pool will it be heated and if so gas or electric?
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14 July 2024 | 56 replies
Also, the tenants will be more comfortable while minimizing their electric bills.
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11 July 2024 | 6 replies
Implementing risk mitigation measures like fire-resistant materials, updated electrical systems, and security systems can help negotiate better rates.
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12 July 2024 | 16 replies
It appears guest somehow (by setting thermostat at below 61 degrees) about $450 of electricity.
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15 July 2024 | 50 replies
I have been buying tax liens for about 15 years and have quit my day job as an electrical engineer due to the Tax deed rental houses I now have.It takes work.
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10 July 2024 | 3 replies
Also, if the tenets already pay for their own electric and gas can you use RUBS (if leagal) for water and sewer?
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10 July 2024 | 8 replies
Things that are within my skillset include: electrical (unlicensed), IT networking, cyber defense, and any handyman tasks.
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10 July 2024 | 10 replies
to give some feedback, you will need to estimate the cost to repair the house; if you don't know how to do that, we just need some information of what the house needs and the sqft of the propertyIf the house is, as an example, 2500 sqft, and It looks like you are stuck in time back in the 1980s, but the AC is working, the roof is ok, and there are no foundation, plumbing, or electrical issues; I can assume maybe a $20 per sqft, so the rehab is about $50K to 60KIf the ARV is 290K minus 10% closing/holding costs, - minus 20% profit - $50K rehab, ideally, in this example, I need to buy the house for about $150K to flip it, but as a landlord, I may be able to pay a bit more, as long as rehab is not too much, and rental is about $3,000 to $3,500 a month
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9 July 2024 | 2 replies
You are not required to pay upfront costs (and shouldn't, in my opinion.)I require written verification from utility companies (water, gas, electric) that utilities have been assigned to Tenant effective the first day of occupancy; no confirmation = no keys and lease approval withdrawn).
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9 July 2024 | 10 replies
I know there's the inspection period and buyer must perform due diligence BUT it never is normal to research permits for every single plumbing fixture, electrical box, all liveable areas, etc.