I have an opportunity on a Quad in a very desirable neighborhood of Nashville, TN. The asking price is $600,000 and rents are $6,000. A question for investors who have experience in more expensive properties with high...
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...
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...
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 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?
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?
I'm trying to get more organized and systemized, specifically when dealing with contractors and getting quotes.What I'm looking to do is to have an SOW Template for assessing a rehab. This would be a pre-printed form...