Michael McCoy
Replace HVAC or wait?
Recently closed on our first REI. Plan is to hold and rent it out for a while. The place was built in 95 and still has the original HVAC which is an R-22 unit. The outside unit looks bad but we had a professional c...
Bienes Raices
Do you bother getting a permit to replace the water heater?
I called the county permitting office and they do require a permit to replace a water heater. Since it's highway robbery to pay a licensed plumber to do anything, I was wondering if most people ignore the permit issue...
Sarah Jones
Closing Loan
My escrow is closing in 3 days and my loan offer says that loan docs has been ordered and will be in escrow tomorrow .. which will only give me 1 days left. The seller is suppose to fix the electricty (which is not o...
Necie Roberts
No Hot Water for over 3 days!
The gas had to be turned off and the contractor still has not found the gas leak. It started in one unit and when that was repaired, the pressure test did not pass so it looks like there is another leak.It's been 3 da...
Paul Salmela
Maintenance Items
In the past few years I have purchased several rental properties (up to 19 now). Most of these properties are townhomes so I’m typically not responsible for most of the outside items. I have started to compile a ch...
Ali Radoncic
A B C D Class areas in Dallas
What areas within Dallas would you consider to have c+ properties in B class areas? I realize its a bit subjective, but just wanted to see some feedback from experienced land lords
Account Closed
Second 4-plex and a foreclosure!
Good morning everyone! We purchased our first 4-plex in late August and are now set to close on the second 3 week from now! I love 4-plexes, they're my little go-to money-makers. My husband, however, is more into the...
Jonathan Bombaci
Converting Oil Boiler to Gas?
Has anyone converted an Oil furnace to Gas? I know you can swap out the pieces I see this in properties from time to time but do people still do this? If so what was your experience with it and do you have general ide...
Pravin Kumar
Is buying Gas station in Phoenix (Glendale) area advisable?
Hello all, very new member to this forum.I am middle of a deal to acquire a gas station in Glendale, AZ (Phoenix area). The deal is with real estate and an auto repair shop. Owner financing is available with 20% down....
Bob Beach
Property Managers, Red Flags?
We have one rental in Jackson and now on our second property manager. First was Evernest, (never again). Now, a Mom and Pop style PM. I don't want to say who since I'm not 100% sure what's going on. First red flag, th...