I'm looking for a rental investment, and found a 3 bedroom 1000 sf house for $30,000 in Indiana, currently rented at $600/month. Seller isn't willing to go any lower. I thought it was a good deal, but ordered an in...
I've own a triplex for about 15 yrs. It is fully paid off (for one year now) and it's worth close to $300-350K. My rent total is 30K per year. Recently, I put 10K into roof repairs and I'll have to replace a kitchen ...
I need some advice on windows. This is my first flip, partnership between my friend/neighbor and my wife (realtor) and I. We disagree on whether to replace (and how) the windows or not. Comps for this house are al...
I have a rental property in East Texas, the plumber is over there every couple months cleaning roots out of the cast iron pipes. They have sent a camera down the pipes and its not too bad, maybe only 2 or 3 places. Ha...
Just had a roofer try that sales tax con on me. Went something like:
Roofer: “It’ll cost $6,800 for a new roof”
Me: “Ok, sounds good, let me think about. And you think the plywood looks okay?”
Roofer: “Yes I d...
I'm freshening up some landscaping at a rental property and am wondering if there are steps I can take to make this a repair or misc expense or is it a capital improvement no matter what? Cost is ~$1500 if that i...
So we had a roofing company replace the roof on our rental property in Kansas. Naturally they bid the job as one layer of shingles and no re-decking required (said they looked in the attic and didn't see any need f...
I’m selling my renta l and i should receive about 55k profit. I wanted to pay off one of my rentals that I only owe 30k on to increase cash flow. Then pay off some debt to make me more bankable for a heloc. Is that a ...
My property managers have been good overall but recently, they've been doing things that makes me question their judgment.
Billed me for an emergency furnace repair that cost more than replacing the entire furnace. ...
Hey all so as im cleaning out one of my rentals i thought about something so excuse me if this diesnt turn out right. Doing this from my iphone. So in another thread i posted had a bad tenant. Long story, i have dog u...