Grant Edwards
A 4% Deal For 1st Rental?
Hey everyone! I would like to get some opinions on whether or not I should do this deal. It would be my first investment. Here are the details:It is a triplex for $32,000 in a low-income area in the Midwest. Property ...
Ty Johnson
Self Managing Process
For those who self manage their properties, how are you keeping track of the dates of your properties’ CapEx projects (ex. roof replacement), minor repairs that you’ve had completed, and planned repairs for next time ...
Walter Williams
Should I Put in an Offer Now or Wait
Hello BP!!! I am looking at a house that is owned by a retiring, oos landlord. This house needs a full roof replacement (shingles and some plywood) and some drywall put up on the kitchen ceiling (~6’x12’) area. The li...
Joshua Rogers
Pushed out of RE partnership, looking for ideas financing 1 SFR
To make a long story short, sloppiness and absolute blind trust i.e. stupidity (in hindsight of course) has me being pushed out of my current rental portfolio, currently 15 SFR's, 3 duplexes, and an 8-plex. Long stor...
Sara Zielke
Milwaukee Deal Analysis HELP!
Hello!First time poster and newbie REI. My husband and I have been trying to get into REI for almost a year now. While the market is a bit nuts now (thanks @MarcusAuerbach for your excellent market updates!), even if ...
Matthew Paul
Roofing is so much fun..... The older you get .
My first rental has a roof leak , my regular roofer is on vacation for a month . The winter is coming and the weather is nice so I break out my tools . Naturally its more involved than I first thought . It was easier...
George P.
Ice dam, water behind the walls etc
Had a mysterious leak in the basement's ceiling when it snowed heavily this winter.I have asked for the community input a while ago (https://www.biggerpockets.com/forums/67/topics/183...), and finally one of the contr...
Carlos O.
Considering a new roof
Hello BP,Learning about real estate never seems to stop. Today, I am thinking about roofs. I'm planning on being an out of state long term buy and hold investor. I'm currently looking at Kansas City and I have a few q...
Terry Hollinsworth
Do contractors usually charge tax for insurance claims?
Insurance agreed to pay 21K to replace roof. After we gave the contractor our insurance papers he charged quoted us: Roof replacement costTAXO&P (Overhead and Profit) His quote convinently came out to 20K. Do cont...
Sam Leon
Roof warranty dilemma
I have a rental property with a new roof installed by company A in late 2017.
Fast forward to 2021 and I have a section of the fascia that has been severely damaged by termites, the damage is such that I could pull o...