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I am interested in some feedback. I am a long time landlord and have typically done most of the work on properties myself. I am currently thinking about purchasing and fully rehabbing a property, but it is a large e...
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House for sale at $55,000 with 10% down. 30 years at $246 a month and $85 a month in taxes. It's currently renting for $670 a month with a tenant that's been in it since 2011. The home is 4bedroom and 2 bath built in ...
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Is this a good investment
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Hi guys,I have a property in Santa Barbara county and I am trying to convert a room into a 4th bedroom. In order for it to be officially called a bedroom I need to get the county building department to issue a permit...
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Hello I have an accepted contract on a 5plex / 6K Sq ft 25 Room 15 Bed MF that has been abandoned and reclassified as illegal non conforming. In order to bring this back into conformance the property will require 10...
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Hi all!This is the first time I'm working on a rehab that's more than just cosmetic. We're finishing a basement & also considering updating electrical / plumbing. Our contractor said we should definitely replace t...
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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...
Good Morning All! Two questions actually.First, is the 'de minimis' limit for an individual landlord $500 or $2,500? I read Amanda Han and Matthew MacFarland's book and understand (or interpret it anyways) that the li...
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Hello,My renter just sent me an invoice for a reverse osmosis water system and installation fee. I previously had a water filter connected to the fridge but had no such water system. He chose to install it on his ow...
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Hello everybody, I am getting close to my firsts purchase in the Dayton area. Two questions for the experts there:1. What things you think I shoul give especial atention in the Inspection of the Property? 2. Any good ...