We bought a house a month and a half ago and knew the roof needed some attention after the inspection. The seller had someone come out and assessed the damage saying it needed $1500 worth of repairs. Being the first h...
I’m trying to get started investing in rentals in the Oklahoma City area. My question is about realistic reserves when figuring deals. I’ve been using the numbers discussed in a bigger pockets webinar that I attended....
I am buying an old house built in 1953 that has problems. The house is slightly settling in the back and the plumbing is "iffy". It's basically a lemon and if I get an inspection performed, it will not pass. That bein...
Hello,I have woken up several times in the middle of the night to the sound of my fire alarm going off upstairs in the vacant attic. The detector is hardwired to the house so I am unsure of how to disconnect it. It wi...
Hi,
I have 1961 property causing more maintenance issues. I bought it for 136k from wholesaler about 5 years back. I spent so far about 150k. This includes some major items like below
upgrading septic to elgin sep...
Hi Guys,
I have this tenant for the past 2 years, he always paid on time and he even put in laminated wood in my condo which he paid for. He has taken good care of the property, but about two months ago I g...
I am trying to rehab a unit after we finally got a tough tenant out. It is in rough shape, but it is hard to get someone inside the next 6 months to do the rehab with a permit. I'm looking into doing a smaller version...
I already posted this but I fear I overexplained. I recently got a notice that because of "certain features" the insurance company's inspector found when giving my property the once-over, the valuation of my fairly st...
I am under contract for a duplex in a C neighborhood and just received the results of the home inspection. Most of the deferred maintenance / cap-ex items I can reasonably estimate. However, I was hoping to get some f...
My tenant has observed slight mildew/mold on the Shower doors. After applying the mold cleaners, the gasket on the shower doors is still showing discoloration and the tenant is concerned that it is Mold around that ga...