Terry L. Conrad, Sr
Accounting for utility payments
I have been doing due diligence for properties available in my area based on the 50% rule and $100/door cash flow. What I cannot account for is the utilities. Some of the properties have separate utilities that the ...
Jennifer MacDonald
Rust on bottom of opening to bedrooms
Anyone know why rust type residue would be on the bottom of the opening to the bedrooms (pic attached)? There is no actual door in this location just a cut out in the wall that leads to the bedrooms. You can see it...
Maugno M.
PEX piping to increase appraisal. Does it matter ?
I am currently doing a rehab on a foreclosure. 1300 sqft SFR. The plumbing on this house is all old galvanized pipes. I got two quotes from plumbers which one is to replace the whole thing with PEX and doing drainage,...
Santiago Nicolas Borje
Who pays utilities on a SFH?
Hello to all, I’m closing this week on my first SFH in Hollywood FL. And my question is who pays water, trash and landscaping, tenants or owner?I do own a couple of condos and HOA covers all, but new to SFH, I was tal...
Joe Xie
How much to replace a wall mounted gas fire boiler?
I am about close escrow for a unit with wall mount gas fired boiler providing hot water and water radiator for heating. The seller disclosure that the tenant called the shower sometime do not have hot water but could ...
Matthew Heffernan
Very new, looking at income property in central PA
Hello! So, I'll start off by warning you that I am a complete Newbie.My name is Matt. I am not familiar with the RE industry, but my wife became a Realtor 1 year ago and has learned quite a lot and built a good base ...
Austin Smith
$175k in equity, cash flow, and I STILL don't know my next move
Hey all just wanted to get your opinion. I'll make it nice and easy. 9 units stretched across 2 properties. 100k in equity in one, 75k in equity on the other. My wife and I bought these FHA. The original plan was to b...
Nazimuddin Basha
Need guidance convert basement to another unit in multi-family
Hello everyone, I am a newbie to the forum but I have been following biggerpockets podcasts and reading their books for over a year now. In less than 2 years, I bought 5 rental properties with decent cash flow. I am p...
Edson Cruz
Should I sell or rent my current townhouse
Townhouse detailsLoan for $177kOwe $158kValue of the townhouse $225kcurrent mortgage $1118 including PMI and escrowHOA $300Total Mortgage+HOA= 1418We could rent the townhouse for $1700 or $1800 as we see others in our...
Dan Verdick
Side by Side Move forward or not
Hello,
Found a new listing tonight and looking for opinions. I have placed a link below to the Property Cashflow Analyzer in pdf form. I went with listing price, padded taxes and ins, nothing down(per podcast...