Hi, hope all is well.It has been over 30 days, I've sent the previous tenant their deposit minus deductions and my new tenant sent me the move in condition form. The new tenants found items (like refrigerator shelves...
Hi guys! I have a property that I bought Sept of 2021 and it built in 1977 and needs a new roof. There’s tenants living in it already and I am looking to sell it next year! Should I replace the roof prior to selling? ...
Hi, I am in the process of purchasing a 3 family. The house is 130 years old, so I understand that there will be inevitable issues. The central AC wasn't working, so the sellers offered a $5000 credit for me to repa...
Good morning everyone,First I want to thank you in advance for any help you can provide. I am a new landlord so I want to make sure I am following law when it comes to security deposits.I am renting out a room and pri...
I have about 800 square foot roof. (21'*19'* 2 sides)I called home depot. Material is:8 square 24 bundles2 bundles hip/ridge4 rolls of paper 35 1 bundle starter$909.69 material including tax$59 delivery chargeI can ...
I'm considering if I should buy home warranty plans for my rentals. I got a quote of $1000 for 44 months coverage with a deductible of $45 each claim. Is it worthwhile? Or just pay the repair cost when something break...
Hello there,I am evaluating a buy and hold in Atlanta,GA--- ARV = $125K, As is Value = $85K and Rental Repairs = $15K.Rent in the area is about $900/month.Looking to sell to an investor for about $75K.Does this sou...
Flipping a two bedroom condo on Cape Cod. I went to install a new ceiling light fixture but could not figure out where on the electrical box to screw in the mounting bracket. I see where it would fit, but there is jus...
Hello everyone,I just started investing out of state and was wondering if this calculation sounds about right. I had a PM company do a cost analysis on a turn for a duplex that I just bought. Estimated cost is $4,000 ...
I am looking to purchase a duplex in Chicago with a built out basement, but the inspector was able to access the main support beam and found it was rotten or termite infested. It is a 30 foot support beam. I got a quo...