Veronica Giggers
Hard Money lender requiring builders/construction insurance coverage.
Hello all, I hope everyone is realizing their investment goals. We have reached out to a Hard Money Lender for financing a duplex we plan to BRRRR and hold. Repairs are estimated to be $62K. The HML is requiring a "bu...
Sanjeev Advani
CAA Opposes Extreme Heat Bill Over Costly Air Conditioning Mandates
The California Apartment Association (CAA) is urging Governor Gavin Newsom to veto AB 2684, a bill that could lead to expensive air conditioning mandates for rental properties. The bill, introduced by Assemblyman Isaa...
Cameron Price
Should I buy a primary home at all?
My current situation:Stay at a friends property in an Accessory Dwelling Unit.Rent free.No primary residence SingleLow personal monthly bills.My question is, from strictly a financial perspective, would it make more s...
Jack Lee
Maintenance Proportion of Rent?
Hey guys,
I was wondering what the typical maintenance cost as a proportion of rent is.
Theoretically, if we do segregation analysis to see what the rate non building equipment depreciation is, that is our maintena...
M Marie M.
Distance Lanlording, gentrification & city ordnances
The basics- I live in DC, I have a rental in Ocala, FL sorta managed by my parents also in that city. When I bought the place the house to the left of it was a vacant tear down shack filled with junk, the house to the...
Brandon Sturgill
How Much Does it Cost to Fill in a Pool? (Not with Water...)
Looking at property with a rather large and unsightly in ground pool. Seems the best options is to fill it in with dirt/rocks and concrete over top...anyone have experience with this?
Timothy Lin
Cell Tower effect on property value?
I'm evaluating a property in NH. It has 100 acres, with a house and a barn. It was purchased in 2008 (just prior to the crash) for 632K. The owners allowed a cell tower to be constructed on the property last year. ...
Anne Carlson
First Time Investor/First Time Poster- Would you buy this property? Help!
~This property is listed at $63,000.
~It has 3 bedrooms, a garage, a full basement, and lots of living space (living room, dining room, large breezeway). It is outdated, which is the norm for rentals in our area. I...
Account Closed
Tenant took down smoke alarms. What is my risk?
Hello hello. I was just inside one of my units fixing some plumbing, and I noticed they had taken down 3 smoke alarms and the only carbon monoxide alarm. Only two of the original 5 smoke alarms were still up (though...
John Bucknum
first deal/mobile home park?
HI all, just getting started, looking for first deal. I found a MHP locally FSBO, it is 34 units over 7 acres, city water, with septic tanks which owner claims to empty yearly. asking $800k, brings in $91k/year, accor...