@Mike Franco@Gerardo EscutiaAs I said, at 10+ years you need to look at replacement; i.e calculate the repair vs. replacement cost; if there are actually issues with it.

I agree with @Mike Dymski - however I would add that you could buy a home warranty that covers the HVAC units which will run you $400-$900 a year, and will pay to repair/replace most of the HVAC systems when they fail.

And so far, since raising investor capital in 2006, none of my investors have lost their capital with me.that's a good Run Mike.. was pretty tough going through 08 to 2012 without getting bruised I know I did.. but here were are living to fight another day.. of course we do high volume smaller transactions so your going to have a loser in there.. right now I am sitting at a little over 1700 transactions the last 7 years.. of which 1600 or so we made our projected returns the others we might have come short or just got a capital back and a some we lost money on..

@Mike Castellow Yes please, and thanks!

@Luis Bermudez hey, those books are not specific to real estate but have been very valuable to me : What Your CPA isn’t telling you by Mark Koehler and Profit first by Mike Michalowitz

Mike

@Mike SedlacekYour awesome!!

@Mike Giallanza good option!

@Mike M.

Good post Mike.