Ivan Lai
Fighting back - CSC / Coinmach increased laundry fees by 9.75%
It's no secret to any investors and landlords out there that many laundry rental companies are unscrupulous. Well, here's another example with CSC, who owns CoinMach. Except this time, I'm fighting back. The ROI of...
Mark F.
How much does that Starbucks habit REALLY cost you?
I just finished Money: Master the Game by Tony Robbins. Great book! One part that really hit me in the book was the long-term opportunity cost of "little" splurges like regularly hitting Starbucks or eating out. Relat...
Jack Henry
So what all really goes into rehabbing a water damaged house???
Hi All - So I have two rental houses in Houston. My property manager called yesterday and told me that two of my houses were under water. One had about 18" of water in it and the other had 48" in it. My insurance agen...
Bryan N.
I'll admit it I suck at painting!!!!
I had to replace several doors in my recent purchase. I bought semi gloss paint and thought I would paint all the doors and jams. Well, the 4" mini roller worked nice, but whenever I used a brush it looked ghetto as...
Sarah Present
Low Ceilings - fixer upper
Looking for insight from experienced fix-and-flippers or rehab-ers. We rent out a few properties at this point but recently have gotten approved for a home improvement loan, similar to that of a 203k.We found a house...
Chris Sullens
Are all costs prior to placing a tenant considered purchase cost?
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
Casey Crowe
Cat hoarder condo rehab
My wife and I are tackling this condo we got for a song because it was in rough shape from a hoarder who had lots of cats. Two days of cleanup and we only have the master carpet/padding to pull out. So far we've found...
Justin Dziedzic
First property, generally freaking out
Ok. I acquired my first property about 5 months ago. Purchased from my aunt who was a heavy smoker so I knew there would be some rehab. I had scrubbed most walls with TSP (not all) and primed with 1 coat of kilz. Te...
Heidi Thompson
Padsplit insights please
new to REI world. Just learned about Padsplit. Searched BP for a post on topic, and there was only 1 10 months ago. Does anyone have experience with it. 14% service fee...would that substitute for Prop Management fee,...
Tami R.
Washer and dryer break in coin op
We just purchased 86 total units in the last 3 weeks. 2 of my buildings I would say C neighborhoods people are breaking into the coin op washers and dryers and stealing the $$$. Its costing me $60 to get it fixed.....