Mehgan Moore
Condos as investments?
I know typically Condos are not the most ideal investment as they don't tend to appreciate. However, we are considering them as a potential rental investment. Given the tend to be cheaper, we could pay most of it in c...
Daria B.
Quad or Duplex, 1st time eval unsure of numbers
I've stumbled upon a duplex (FSBO) and a quad. I'm not able to find a good spreadsheet and wonder if what I analyze for SFR will suffice for multiple family units. 1st time multi for me.I looked at the quad exterior ...
Erik W.
Lifespan of steel commercial building?
I am looking to purchase a steel building that has 6 bay units. Each unit has an overhead door (12 feet high?) and separate entry doorway. Each bay is about 32W x 50L and my guess is the ceiling height is between 14...
Tushar P.
Stucco houses in Houston
I wonder what the feeling is among investors about buying a sfh rental with stucco siding. I keep hearing stucco should be avoided in Houston but then I also hear that it is ok *IF* the material and installation is go...
Jeffrey Hanlon
Rental Property on Fire
I just got a call 5 minutes ago from my tenant telling me that my rental property is on fire. The fire started in the property adjacent to it from a roofer doing work. Now my property is currently on fire. I'm stuc...
Amby Bhagtani
Ceiling of Garage Collapsed
I acquired a property 6 months ago and today I heard from my property manager that the ceiling collapsed. Luckily no damage / injury but has anyone faced this situation before and does insurance cover these scenarios?...
Amity Word
Replacement Reserves Budget
Replacement reserves are funds that are set aside from a property’s operating cash flow to fund future capital expenditures. Normal wear n tear or repairs.How much should one set aside or budget for replacement reser...
Lucas Pfaff
Contractor Started Fire in MY building - Claims Adjuster?
So this morning I received a call from my neighbor across the street from one of my properties. My neighbor was calling to let me know she had called 911 and the Fire Dept after she watched roofers working next door s...
Dave Kush
Mid Lease Smoking Ban Allowed?
Can I ban smoking in the building, including common areas, mid-lease?
I bought a duplex and inherited tenants/leases last year. One unit is rented by smokers (they use common laundry area), and the other unit recent...
Sam Leon
Roof warranty dilemma
I have a rental property with a new roof installed by company A in late 2017.
Fast forward to 2021 and I have a section of the fascia that has been severely damaged by termites, the damage is such that I could pull o...