Mindy Jensen
What do you budget for reserves and CapEx?
Reading another thread, @Nathan G. said "I suspect it's in the neighborhood of 20% (of landlords) that hold reserves and even fewer that hold the proper amount."I see a LOT of people asking how to start investing with...
Ben Leybovich
Depreciation is Real - Don't get Caught Like I Did!
Took a call yesterday from a local investor. She is looking to "unload" some units. The problem - she wants above market prices...:)And here's how this happens:She owns a PIG. Translation - a building similar to the o...
Jaime Penix
Investing in homes with chinese dry wall? Any experience with this?
I use to see homes listed with CDW but the walls were still up. Now I see a lot of the homes with CDW have been gutted, usually sparing the wiring and tubs. The prices are discounted but not as much as I think they sh...
Brandon Benifield
How do you plan for costly maintenance??
How do you plan ahead for very costly maintenance issues with your property? For example a roof that needs to be redone for $10,000..
Richard Appleby
4plex In MN Analysis
Hello Everyone!I've been running numbers on properties for about a month and finally found a 4plex for sale by owner that seems to be a great deal in my area. I've called the city to verify utility costs and have the ...
Scott Meyers
Private Septic & Private Well
Should I try to avoid private septic and private well on a fix n flip? It scares me a little but I'm not exactly sure why. Should it? Any suggestions on due diligence?
James Wesley
Refrigerator water dispenser went out...
...should i fix? I feel that this component is a liability to have in a fridge IN a rental (single family in an intact, transitional neighbourhood). I am thinking that I'll see about fixing if it's reasonable, but if ...
Eve Oliver
Toilet with a power flush
I had to call the plumber a few times on the same rental and replace the toilet. it seems the Delta toilet doesnt have enough pressure to flush n#2. Looking for some suggestion on a high-pressure toilet tank. Lock Su...
Gon Eisenberg
Poll: How much to allocate for capex - SFR's
Hello BP community,How much do you allocate monthly for capex (capital expenditures) for single family homes.I need to know how much to allocate on average for a portfolio of SFR's that was built after 1970.Thanks!
Jay Miller
Lead Certification in Detroit
Landlord certification and lead testing costs have become a major issues for landlords in Detroit. This is great for buyers as it is beginning to weed out poorly capitalized owners. However, it is also proving to ...