We are preparing for a cash out refi. 3 of our majors (furnace,a/c, hot water heater) are all beyond their life expectancy, however, they are all currently functioning. Should we go ahead and replace them before the r...
I purchased a 6 unit building about a month ago and scheduled my regular HVAC vendor to service and clean the systems. He called me today to let me know that I won his annual contest for oldest C/A unit, and that I w...
Hello all. I am trying to find insurance on a triplex in St Petersburg, Florida. Any suggestion for insurance carriers? I will be residing in one of the units. It is composed of one single family building and one dupl...
I have a 3/2 house under construction and it needs some rehab work. One of the things it needs is a new hot water heater. My question is whether it’s worth putting a tankless heater in a rental? What are the pros and ...
I just received my Foremost insurance policy for our STR Lake house.We have replacement cost insurance, but the amount seems low in today's costs to rebuild. Our Lake lot is a good chunk of the value but still I wonde...
Maintaining your rental properties in good shape is crucial for several reasons. First and foremost, it ensures the safety and well-being of your tenants. Secondly, it can help you attract and retain high-quality tena...
Hi,I was trying to get a better understanding and maybe get some recommendations on how to get into hard money lending. I have some cash that I would like to put to work. However, I am not looking to become a hard mon...
I have 2 weeks left to identify the replacement properties and finding good deals has been challenging in the last 1 month. I want to go the auctions route either acquire properties in courthouse steps/sheriff sales o...
The old property has to be sold first, then the new one bought, right?
I've found a 4plex I want to buy, and could buy it normally, but I have a SFH(rental) I wouldn't mind selling. I doubt I could sell the S...
Hey everyone . Quick question, I'm Canadian and recently sold property in AZ. I'm now buying a more expensive property in California. I'm wondering if I can do a 1031 exchange or is this only for residents? Thank you