Justin Goodin
My First Real Estate Investment - SFH Rental in Indianapolis, IN
Investment Info:
Single-family residence buy & hold investment in Indianapolis.
Purchase price: $52,000
Cash invested: $13,000
This was my first real estate investment! A great single family ho...
Eric Petersen
When to incorporate with a Buy and Hold strategy
I eventually want to own several properties that I will rent out. I understand the merits of creating an LLC or some other legal protection entity.Now at my point, I don't own anything though I plan to get my first pr...
Kyle Kyzer
Building Structure vs Building Systems
Hi All,I got recently received this email from my CPA:"The new [IRS] regulations break apart building property into a 'building structure' and its 'building systems' for the sake of the improvement rules and say that ...
Douglas Krofcheck
Central Vacuum in 4-plex?
I've been looking to start investing by house hacking a 4 unit multi-family and I've always wanted to have a filterless central vacuum system (wikipedia). Do you guys think it would turn into a maintenance nightmare ...
Jared Smith
New replacement HVAC System (AC) or fixing it?
2006 Goodman AC Unit for a 1,433 sq. ft. home. $1100 for parts and labor to repair the housing cage, blower motor and wheel. Quote is around 8-10k to replace the unit in AZ. Do you recommend placing or fixing it?
Tyler Veres
Forcing Equity/Increased Value by affecting NOI (bottom line)
Good day all,I am looking at putting together a list of ways that people have gone about forcing equity/value in their properties. To start the ball rolling, I like adding a unit/income stream where there wasn't one ...
Zachary Cura
How do you handle malicious damage to property by tenants?
Whenever you rent out to tenants, you always run the risk of them damaging the property no matter how trustworthy they seem at first glance. What are best practices for handling such a situation to make it as smooth a...
Polo Vazquez
Electric car garage. Yes or no?
I currently own a duplex with one car garage on each side. A tenant asked if I could add a motor to the garage so it will open and close automatically. I feel like this would be a good little addition but then I also...
Robert D.
Adding 220v
so i own this older home built in 1959 here in california. i found a great rental candidate. i think we all know how hard it is to find decent people now a days. anyhow he needs 220v to do some carpentry work at home....
Tyler Parish
Duplex heating options - Shared or separate systems?
Hi guys,I would like some advice. I have a duplex that I am remodeling. The basement is down to studs and I want to come to a decision on the HVAC. Currently the entire house is on an electric forced air furnace. I wa...