So, I have 4 rentals and I compiled my totals for the last 3 years and I had 1.9% average vacancy rate. My maintenance costs (including cap x) totaled 8.6% of revenue.I know my vacancy rate is a bit lower than averag...
I'm considering purchasing a small duplex that was built in 1964. It only has window units, no central air or anything. Do you guys usually shy away from this or is it not a big deal?
This is about what I consider a rookie mistake. I have a nice rental which is about 35-40 min from my home. I was working few Sundays ago and my tenant called stating that the A/C was not cooling. The unit has about 1...
Aside from opening an account on BiggerPockets to further educate my real estate interests, I've come to ask for some opinions and advice on my current situation with my landlord.
(MY BACKGROUND)
I recently inherite...
Hello,I live up New England and have the opportunity to buy a rental (a house) in Cape Coral, FL. My question is, Does the Renter pay for the water treatment material like salt and conditioners, or should I supply th...
I just found out that I have a fan motor and compressor problem with my two 29 year old HVAC units. I purchased the property a few years back and am grateful the units have lasted as long as they have.
The fan mot...
Hi I'm in a situation regarding mini split system. I Just bought my first rental property, it is 3 flat in a Chicago suburb. I currently have baseboard heater heating and have to pay the entire gas bill my self becaus...
How important would you say air conditioning is for a cabin in the smokey mountains if it is at a high elevation point (3700') and does not have a prior system installed? I would prefer to spend the 15 K it would take...
Hey BP community!
I am under contract for a HUD home located in Lake Butler, FL to make it a rental property or a flip. I am new to investing and wanted to find out if other investors would take the risk with the un...
I recently purchased my first property. It is a very nice home in a great neighborhood, 3bd 2.5 ba, $2k/mo rent. The tenant has been in for 1 month. She's a really nice lady with exceptional job, background, refere...