Account Closed
When to replace a Roof?
Ok so I am buying a property that will need a roof repalcement in the near future 6-12 months but who knows to be exact? I checked the attic out and there are no leaks or any signs of it potentially damaging other as...
Matt Storey
Input on prospective deal. newbie
I was hoping to get as much input as possible on my first deal
reo
purchase price- 300k
down payment- $10,500
fha owner occupied 3 unit
$1050 a unit gross rent
$2650- p.i.t.i,
vacancy rate- 4%
low maintenance, built...
Luis Rodriguez
Issue with a tenants kid
We currently own a two family home and have a family of four living upstairs. The youngest whose around twelve years old loves to run around and bounce a ball off the hardwood floors.
We understand what we got oursel...
Dale Osborn
What kind of incentives do you have to retain Tenants?
As everyone knows it costs a lot to turn a unit between residents. Therefore it is recommended you do everything possible to retain the better tenants. Do you have some specific items in place to retain these tenants?...
Ryan Guthrie
Renovating a rental property
Hi all,
Looking at a SFH that needs new flooring, kitchen needs to be updated, paint, etc. Does anyone have any experience purchasing a rental property and renovating? I don't want to load the house with stai...
Justin Pumpr
Yet another Cap Ex post
Hey all,I'm trying to work out a good Cap Ex amount for my rental properties. I was previously using percentages of monthly income i.e. 10% Cap Ex, 5% repairs and 5% vacancy. However, after calculating the cost to rep...
Damien Hall
Refinish hardwood floors vs install laminate
I want to know which is cheaper... to refinish old hardwood floors or to install laminate flooring. The hardwood floors in the property is in so so condition, no cracks, but it is uneven in some places though. Woul...
Brad Gibson
Avoiding Significant Damages to Rental Units
I'm a pretty experienced landlord that has been at this for 6 years. Just acquired my 29th and 30th doors, but of late I've been having trouble with BIG bills to turn units when tenants move out. I usually charge 1x...
Mel Park
Can you eyeball a listing and estimate costs?
I've never done a rehab before - just own vanilla townhomes, collect decent yet problem free rent but I've continuously tried and failed at obtaining a flip home. Anyway....I'm asking what might be a dumb question bu...
Al Williamson
Are Landlords Vendors?
Vendors are dropping off all types off goodies at my office. It's really nice.
Shouldn't savvy landlords do something for heir customers? Tenants?