Jay Libowitz
Preparing for HVAC replacement
So I’ve had a SFH for 4 years that I’ve house-hacked and now I’ve bought my second property. I will be renting out my first property for $700 above my P&I, insurance, and taxes. I made the mistake of using a realt...
Joseph Ben-Avi
Management company and use of funds
Hello all,Recently I was notified by our manager that a certain component in an appliance in one of my rentals needs repair. After reviewing the monthly statement I realized that the expense was well above the dollar ...
Mark B.
1031 exchange for a purchase of a Mobile Home Park
I am selling a SFR Rental that I have had for 10years. Bought it for 200K, can sell it for 250K. I am buying a Mobile Home Park For 155K. I would like to transfer the SFR into a LLC before I sell it. Then when I buy t...
David Shapiro
Do you replace 13 year HVAC system with R22 refrigerant?
Hi All, I have a 13 year old rental property in Austin that needs 4 lbs. of R22 refrigerant. I'm being told by the HVAC contractor that because of the phase-out R22 is $125/lb. If I'd like to find the leak that will c...
Edita D.
Windstorms and hails in TEXAS
We have a rental in Keller, TX and Lubbock, TX.I received reports of hail storms and windstorms from both property management companies, a month apart.Our insurance policy for these properties keeps going up! We filed...
David Luu
Sensi-Temp in electric stoves a pain to deal with as landlord?
I just had to replace an electric glasstop stove recently, and decided to spend less for the rental property and go with coil burner type than another glasstop. But I just came to know about new feature by law in this...
Christopher Boggs
Flip (70 k to 100k) - Refinish Wood Windows or Buy new Vinyls
We are doing a couple different flips in a neighborhood where the resale price is 70k to 100k depending on sqft and house features
They all have original double hung wood windows (6 panel lower and 1 piece uppers). T...
Brent Crosby
Is now the time to 1031?
Hi All,Not sure if it’s better to 1031 during a red hot economy like it is now or if it’s better to wait til things cool off. I understand I’ll get paid more for what I sell and sell it quicker, but I have a higher li...
Nagesh Kakarlamudi
Using 1031 selling multiple properties and buying one property
I am selling 4 small properties and buying a single multi family and using 1031 exchange. The total funds from sale of relinquished properties combined is approximately $400k and purchase price of the replacement is $...
James Mitchell
Strategy to replace income?
How would you invest if your goal wasn't necessarily a certain ROI but simply to replace your income in a few years? My partner and I drive a Semi truck as a team. Because of this we have very little living expenses. ...