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How do I influence/motivate a tenant to want to take good care of their house? I want them to fix small problems themselves, do routine stuff like shoveling and mowing, and call me if there's a problem with the house.
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I'm a very new investor currently in a hot market hoping for some experienced advice on my first deal. Hopefully I found the right place! THE STORY:For the past year I've been working as much as possible and saving e...
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Long story short, I had a repair guy come out to repair a washing machine. While he was trying to fix it and stepped away, apparently my tenant touched a few things and shorted washer AND dryer, making both nonfunctio...
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Hi All,Long time listener and lurker, finally about to pull the trigger and make an offer on my first property (a duplex in a semi-rural town in the pacific northwest).Numbers:Mortgage: $570 (with 20% down, $28,000)In...
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What percentage do you put towards Cap Ex when purchasing a townhouse for a rental? I am practicing analyzing deals with the BP rental property calculator. I found a townhouse that cashflows ~$200/mo if I remove Cap E...
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Hey there! So I have a current duplex that I am completely renovating and there are existing gas lines in both units.Do you go with gas stoves or electric stoves in your rentals? I can see potential hazards with eithe...
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*This link comes directly from our calculators, based on information input by the member who posted. I feel like we are doing something wrong with the calculator. We have done about ten o...
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Wanted to see what others are doing or have done as far as providing appliances ( some or all).1. Do you provide some or all.2. Does that help or hurt you as far as improving marketability or increasing repair expense...
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I am looking to buy my first investment property and for this area (Surrounding DC area and Northern Virginia) the only thing I can afford is a 2bed/1ba condo or smaller. I am having issues estimating how much to put ...
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A few thoughts. How much should I expect to pay for a coin-op laundry machine (washer &/or dryer)? Is it okay to go with a used one?
What kind of revenue can I expect per machine? I realize this will depend o...