Hi,I am just being told that a roof replacement for my two family at Francis/Union will be $16000/- with plywood and 50 years warranty. This is on top of Tree cutting which is about $5000/-Any suggestions and/or comme...
About 3 months ago I came across some one in a tough situation. Long story short they were about to lose their home and I made a deal with them to buy it but it needed to be taken out of bankruptcy and gone thru proba...
I inherited tenants 6 months ago, and finally the lease ended and they are out.
Along the way, the tenants refused to pay an extra fee for a pet they were keeping, didn't pay the last month rent, left a hole in the d...
Hi guys,I made an offer to purchase off market residental RE. It was accepted by the seller. During the due diligence period I got an idea that probably my price was too high and I should offer a smaller one. Is there...
There are two points in the investment process where you can reduce maintenance costs. The first is when you purchase a property. The second occurs when you renovate it.
Select Low Maintenance Cost Properties
The be...
My shed probably has about 150 rusty nails protruding from the roof down into the storage area. I'm trying to clip them all so that tenants doesn't stick their hand there and get injured. I bought a pair of nail plier...
Here is an interesting article on the Fed rate cut. It shows how it could hurt housing.
http://biz.yahoo.com/cnnm/080318/031408_ratecut_mortgages.html
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Failed BRRRR investment. Purchase price $90K, $60K rehab on a duplex. Currently all cash/not financed. Both units rented for a combined $1700 per month. Not many Duplex comps but probably would sell at about break eve...
After a few excellent BRRRRs in Boulder County, CO in the past few years I think I finally have a bit of a dud. Not the property itself but rather the circumstances. I would greatly appreciate anyones input as I am fl...
My electric bill during the summers is around $1600/month. It’s already been over $1k/month for the past few months. I’m sure my guests run the AC 24/7. When the doors and windows are open, when they’re gone for the d...