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I'm under contract on a home in a small town where I grew up. All things have checked out on the home inspection except for the wiring. It's a 1948 home (no worries, I'm aware of the headaches that may come), but I've...
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Does ceiling fans/ light combo increase the rent rate or not?I just purchased a house that had nice lighting in the bedrooms, but was not ceiling fans. I know ceiling fans are just something extra for tennis to break,...
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We recently purchased a 6 unit building and are in the process of rehabbing it. Because it’s a very old building (more than 100 years), turned out there is more work needed than our initial scope. Most notably, it loo...
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So we have a rental property in MO. We're paying cash for it and then going to rehab. All in, we're spending ~$70k with an ARV of $100-110k. The rebuild insurance is $84/month at $170k. The ACV insurance is $56/month ...
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I'm new to this site! I manage 15 units and all of them are mostly original. Rents are at market prices and we still increase $50-100 per door, per year. No one has moved out in 4 years and no one is planning on it.So...
Hi, I am looking to buy very old house more than 100 years old but it produce good rental income , is the good rental income is worth taking the risk to buy a very old house , please help me to decide?
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Hi all - I am currently in the process of renovating my basement to convert it into rental property (most likely a short term or vacation rental, although I wouldn't be opposed to a long term rental if I could find go...
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Guy/Gals I really need your help. Wife and I are seriously thinking we might be over-rehabbing the latest project. I am starting to wonder if we should just do the minimum needed to get the house rented out. (roof and...
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Hi BP! I'm sure I'll get a range of responses for this. And I understand that larger scale operations increase their capacity by having teammates handle specialized roles (maintenance, bookkeeping, etc).But I'm curiou...
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Hey everyone, I’m super lucky and excited that I have my first property under contract. It’s a nice duplex that needs some renovations, but nothing more than new floors, paint, kitchens, and bathrooms. Since everyone ...