A property had a title V inspection done 11 years ago and the reasons it resulted in a "conditionally passes" are:replace D-box with new jet lines after installation remove humidifier from drawingHow substantial is th...
Hi guys, I've got a question for all you seasoned investors, what are some typical repairs that a property may need once an investor acquires it? What are some not so typical repairs? I know every property is diffe...
Hello, I have asked this question before, but after doing research I must disagree with the original poster. I spent almost $5K to have a plumbing company dig a hole in my yard and put a $6 boot on a cracked sewer li...
I just found out my tenant running furnace without air filter for months(~6months). The 8-year old furnace is still working , can I charge tenant for maintenance cleaning up of internal components? I never ran into a ...
Just wanted to share how glad I am about having started a separate savings account for capital expenditures. I did a quick calculation, estimating the remaining lifespan and cost to replace of the primary components i...
My policy on my 4plex is $1950 yearly, ($162 month)
Dwelling amount 100,000 (purchase price)
Personal property 3,000 (appliances)
Liability amount 1,000,000
Loss of rents 10,000
I found a 3 unit home, but the seller said it has asbestos sidings. As a new investor, what are my risk?, or should I simply stay away from this?
Let's say we acquired property on a year 0 for 100k. Let's say we had a cashflow of 10k every year, for years 1 to 5 and on the year 5 we also sold the property for 130k. The question is why when we calculate the IRR,...
I’m assuming 20% total for vacancy, cap ex, and repairs. Then 10% for pm. Can I lower these figures if the houses are in good areas?
View report*This link comes directly from our calculators, based on information input by the member who posted.