We've recently purchased a buy and hold in Texas and the water is very hard. It's 5 years old so I'm sure there's build up. I'd like to try to reduce the effects of zero maintenance during this period and implement a...
Hello BP!I’m a newbie, I purchased a home warranty for my rental, I got the everything plan! Prior to this, I was allocating 10% for capital expenditures every month, and 5% for regular house maintenance. Given that I...
My wife and I recently purchased our first Multifamily. This property came with large laundry appliances in the basement for each unit. None of which have any sort of payment system attached. I don’t necessarily want ...
When do you guys know when to repair an appliance, or replace it. My appliance guy is a minimum 65 per visit. Most guys do this. My theory is I take the original price of the appliance, divide it by the number of year...
Hello all,I have a question about including a refrigerator (and washer + dryers for that matter) in our rentals. Currently we have 4 rentals, all include refrigerators. As the fridge is technically personal property...
I am under contract on a Condo in RI and need some advice. This is a small 1 Bedroom place that has been run down due to the same tenant living in the property and the owner not doing maintenance.I am planning on re-d...
Would some clarify for me what the concept of "rent ready" is in terms of rehabbing - I see ads for properties being wholesaled whereby the wholeseller puts out the expected repair costs to rehab the home for a retail...
Hi,
I have 2 properties in Oak Park MI that I'm about to rent for May:
House 1: signing lease tomorrow, in the better part of this small city for $1,700/month (rents for a similar house go for $1,400 ...
I'm about it invest in Brooklyn NY and I was thinking of ways to add value for relatively low costs. in unit washer dryers occupy about 25% of homes in NYC. there are laundrymats everywhere. I know I would personally ...
Hi,I have a question about the house maintenance. The tenant kept bothering me about a lot of repairing issue. I had replaced the refrigerator and washer since she moved in one year ago. When we signed the lease, I to...