Hey Guys
I am looking at purchasing a rental and was curious whether you guys preferred a Gas or an Electric Water Heater. I have read that the Gas Water Heater has cheaper monthly cost because it is easier to heat ...
We are Tenants in a 3 db 2.5 ba home and also owns a few duplexes and I would likkke input here for me personally, and i case something as this were to happen in our duplexes,April 1oth we had a water leak and immedia...
My parents came home to find that the upstairs bathroom had a leak from one of the bolts not being tight enough. The water leaked through the edges of the vinyl floor and now there is a big water stain on in the ceili...
Hey everyone,
So I got sent a picture of what seems to be mushrooms growing in the ceiling of my tenant bathroom. I sent the picture out to my contractor already waiting for feedback but I wanted to share it here als...
Hi All,I understand that if I purchase a MFR investment property and designate it as my new primary residence, I could potentially pay 3-5% down instead of 25% for a non-primary MFR investment. I can live in it for a...
Hey guys so I inherited my tenants and now one wants to bring in a roommate I vetted him and everything came back great. I was wondering with adding him can I change the current lease to a new one? Currently the lease...
Looking at this decent 20 unit apartment complex. Below are the current break down of income and expenses. PM fees are also included in Total expenses. Sales price is $700k. Loan would be 25% down at 4.5% fixed fo...
I just purchased my first investment as a house hack, with the intent of living there for a year or two, and I am seeking clarification on a few things relating to the accounting side of this. The property is a 3-unit...
Greetings Gentle Readers!Typically when a property owner or manager needs a laundry proposal they contact a laundry company and ask for a “proposal” without giving the operator, specific, if any guidelines in which th...
Recently closed on our first REI. Plan is to hold and rent it out for a while. The place was built in 95 and still has the original HVAC which is an R-22 unit. The outside unit looks bad but we had a professional c...