David C.
Repair or Capital Expenditure ?
To the group:In regards to a SF rental property, I have been trying to better define what would be considered a capital expenditure and what would be considered a repair. In some instances, it is easy to tell: Patch...
Lee G.
Location, Location, Location, HVAC?
I keep getting burned with the hefty price tag of new HVACs in the first couple of years after purchasing a property. In my opinion, this is not discussed enough in the various real estate investing resources/outle...
Bob Hines
What would you do?
I have a 4 bed, 1 bath house with an oversized 1 car garage, deck and a large yard in a good area under contract for $36,600 (good area, not what you're thinking). Repair walls, paint, replace trim, lay laminate f...
Bruce Tieu
50 gallon vs 75 gallon water heater for an 8 bed, 3 bath SFH?
The water heater at my house just went out and now tenants are complaining about there being no hot water. It was almost 19 years old and has a water capacity of 50 gallons. The first hour water rating is 80 gallons. ...
Glory Dasilva
Circulator pump or boiler pump
For those in the business, how much does it cost to replace a circulator pump?
Sebastian Hernandez
Quick ideas on how to freshen up your bathroom without a full ren
Hey everyone,
Here are few things you can do to freshen up your bathroom in case you do not want to do a full bathroom remodel.
-Paint walls, ceiling, mouldings and door.
-Replace mirror
-Replace vanity
-Replac...
James Lipko
Cash to Equity Position
What is a typical cash position that you should maintain as a landlord to have for repairs, emergency expenses, buying opportunities, renovations, etc? I am looking to purchase my first rental property. I know what I...
Mitchell Morgan
Closing Challenges - Repair roof before closing
The situation is I'm trying to purchase a property with conventional financing. The issue is the roof is in rough shape and 19 years old so I haven't had luck finding an insurance company to insure the home so that th...
Hannah Williams
Has anyone completely replaced a front concrete porch?
I purchased a home that has a badly cracked front concrete and brick porch. It will need to be replaced entirely, and is around 10' X 10'. The concrete stairs also need to be replaced. I got a quote for $4,000 to comp...
Edita D.
Cost Estimate for 5 sheets of siding and boards:1400$
Hey guys!
I received an estimate of $1,400.00 to replace five sheets of siding; replace twenty-five feet of 1x2 boards; caulk, scrape and paint exterior. This includes labor and materials. Does this sound l...