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Results (10,000+)
Gabrielle Martin Long-Term Maintanance Routines
1 February 2020 | 3 replies
I also do semi-annual inspections where I check smoke alarms, fire extinguishers, and plumbing for small leaks.
Vilena G. Need a roofer/roofing company to check my roof leak
31 January 2020 | 1 reply
We got a bid from one roofing company and they came up with 7K, but there is one leak and I am sure they are just trying to take advantage.So now I want to ask if anyone can recommend someone or a good honest company who can take a look at it.Thank you,Vilena
David Nelson Should I buy 4plex with single gas furnace and meter
31 January 2020 | 2 replies
I'm considering buying a 4plex with a single furnace and gas meter for the entire structure. 
Nick Dillaha Should I pay off my truck???
9 February 2020 | 35 replies
A reliable car with low miles and gas efficiency would do you the best in the long run.Hope that helps!
Karen F. Class C landlords - better build up some cash reserves
26 March 2020 | 49 replies
Fortunately, he has enough science background to understand how critical this is, if he wants me and our daughter to live through it.The reports of it being more serious in young adults than we had thought have me worrying that I made a mistake to send my teen to the older sib, who works in a critical job that has contact with the public (although now the bank has closed its lobby, and only does transactions drive-thru), and still has some social contact.As for the apartments, if something really needs immediate emergency attention, like the one toilet or a water leak, we have a young and wonderful workman we can call upon. 
Yuhei Kato Plumbing in my rental property
5 February 2020 | 6 replies
We had our second leak in the house because of the type of pipes we have in place.
Bryan Mack Help: Should I sell or Rent my House?
2 February 2020 | 1 reply
We have done ALL the work ourselves except for finishing the drywall.I will do a whole RENO thread once its done, but here is just a quick overview of what we have done.Whole new Heat and Air unit, switched to gas, and moved duct work from under the house to the attic.
Brian Dudash Condos vs SFH Comparisons
3 February 2020 | 3 replies
The condo I lived in, they don't charge enough for condo fees, have to impose special assessments just to pay utility bills, when it went several months behind and faced shutoff of gas for central heating and electric for common area lighting.
Aaron Cook First Deal - Diary of a Newbie
18 February 2020 | 9 replies
Down Payment - $17,700 (20%)Closing Cost – TBA (estimate is $6500)The property is currently occupied by a tenant, we do not have an appetite to keep them in place for a couple reasons We don’t want our tenant to know more about the house than we do.We have read Brandon’s book on managing rental properties and feel that we need to take ownership of     the tenant screening process and develop real skills in this area.The tenants are a family friend of the current owner and the rent rate is way below market rates.During the walk through we noticed there is a spongy floor in the hall bathroomIt seems there was/is a leak associated with the bathtub and it has caused damaged to the subfloor, joists, etc.We have had the termite inspection completed and after talking with the termite inspector here are our key takeaways.We start with getting a termite treatment in place to resolve the one small termite trail they found.The seller will pay for this as we made the contract contingent on getting a clear termite letter.Next, we need to verify the cause of the water damage has been fixed and will not create additional issues in the future3rd we need to make necessary repairs to the joists, subfloors, etc in the hall bathroom.4th we need to clean out the crawl space underneath this house5th We need to replace the insulation and old vapor barrier underneath the house.6th we need to install vent wells for the vent ports outside the house.With tenants still living at the property it is very difficult to get access to the house during this time period.As soon as we have full access to the house our plan is to do very systematic walk-throughs and start building a punch list for repairs.We have multiple people involved in this industry who have offered to come do walk-throughs with us and provide suggestions on items we should fix and how to fix them.Our plan is to do 3 or 4 walk-through's, build out a line item punch list and then start prioritizing what needs to be fixed.We plan to support these punch lists with photos or videos as appropriate to help speed up getting quotes from contractors.Because this is such a small house (1125 Sq. ft) we feel we can keep our rehab costs reasonable.We plan to be very involved in the rehabbing process in order to save money but also to gain experience so that for future projects we have a better understand of what we don’t mind doing and what we know we want to contract out.Next Steps Closing is first week of March, 2020Working through the financing process right now with the same bank who is refinancing our primary residence.Trying to get organized and prepare ourselves to get the rehab finished ASAP.I plan to make weekly updates on this; any feedback or questions you have would be great.
Eric Hart Tips on finishing a basement
3 February 2020 | 4 replies
Cinder blocks leak more than poured concrete.