New to investing - what’s a good rule of thumb to budget as a cushion for normal home maintenance and repairs (IE: roof replacement, HVAC replacement, etc) for an older home versus a newer home?
Currently in the process of buying my first rental property, a duplex, in Akron, Ohio. Just got the inspection report back today and it looks like the roof is pretty worn and would need to be replaced in the short ter...
My tenant notified me that there was a leaking in a room, that they use as play room. It had been fixed twice and the last time the roofer told me that a new roof was needed because the roof in that area has too many ...
Newbie Question
Wouldn't obtaining insurance (comprehensive home owners insurance) on a rental property take the place of cap ex?
Looking forward to the responses
Hello everyone, I am purchasing a home that needs a new roof. The roofer has told me today that the old decking wood has wide gaps to where when the new roof shingles are placed that the roof shingles may miss the woo...
Hey!Im going to be replacing a roof on a house here in NH. Looking into metal roofing. Im doing a farm house style remodel to fit the area. And like the look of the metal roof. Ive gotten a few prices for asphalt but...
Foundation Cracks
Cracks in the foundation are major red flags. They’re harbingers of potentially significant repair costs or worse. Freshly patched cracks can also be a cause for concern.
Foundation cracks can be s...
Just finished a flip and settled a week ago . Last night a strong windy storm came through and the buyers had some water damage on the ceiling and water on the floor of dinning room additionally some in the basement ....
Hey guys,I'm about to make my first purchase for a property to live in and settle in. I plan to do more REI in the future but this is a home I WANT TO MAKE NICE. So I've always been in love with modern style houses (s...
Hi Friends,My rental's roof is leaking above the carport. I have received bids on just repairing the low slope area where the leak is, and bids on the whole roof.Some of the contractors said the granule content on my...