I just got quoted 50k to replace the AC system for my 3 family property in central ma. (3 Condensers & two furnaces). Is this a reasonable rate?? Seemed outrageous to me. Anyone know any good AC contractors in the...
this is a continuation of my previous thread about the deal i am working on. want your opinions, please.
details:
asking price - 80k
accepted - 63k
75% LTV
cash to the table - ~$18k
rent(good condition) - 1,150-1,25...
We are installing two new windows and a new laundry room door tomorrow. I told my tenant to make sure the area is cleared for them to do their work and that all fragile items have been moved. When doing repairs in a r...
Just so everyone knows, I am not this “sue happy” guy looking to screw someone for all they are worth. I’m simply asking if any one else has ran into this and what they did to solve the problem. Purchased house with f...
I purchased a SFH located in KC, MO back in 2015 for 75k. The home was built in 1953. Earlier this month there was a fire (no personal injury) that resulted in a total loss of the property. Replacement value was 75k; ...
We are looking at a 100 unit property with an assumable loan. With the current loan we would need to raise too much capital to get a good cash on cash return so I started looking for a supplemental loan. The loan brok...
Is replacing a motor, that just went bad due to age, on a hot tub in a rental home the responsibility of the tenant or the owner/property management? The hot tub has been well maintained by the tenant, and the rental...
Hey BPFAM,new investor, so just need guidance. We are eight hours away from our property visiting family for Christmas and got a call that our rental has 3 feet of water in the basement. A ceiling has collapsed and th...
To preface, i wholeheartedly believe in having cash reserves for surprises. I'm just looking for opinions. That said... I'm sure there is some debate around this (like everything else), but i recently met with a loc...
3 story - 3 Plex all rented $2100 gross rentscurrently under contract at $120k - electric separate metered but heat is owner furnished at about $3500 a year; Extra garage bays previously thought to allow for $600 extr...