Steve Hannibal
Advise...Replace old carpet with new carpet, or something else?
I will be closing on my first rental property in a couple weeks. It is a single family home. About half of the house has carpet, in the living room, hallways and bedrooms, which is trashed and needs to be replaced. ...
Account Closed
Am I The Tenant From Hell? (With Apologies For the Length)
Background: I have one rental property and recently sold another. For both, I outsourced the management, as they were in TX and we now live in AZ. Up until recently, we were renting in AZ, but just bought a place. So...
Hunter Woolsey
Roots in old cast iron pipes with a slab foundation
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...
Michael Seeker
Landscaping - Capital Improvement or Repair/Misc Expense?
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...
Dan L.
The Roofer Sales Tax Con
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...
Alan Fong
Renovation Tips/Ideas to Save $ and Headaches
Hello,I just bought a SFH in Southern California and planning to do a full gut and convert the garage into a unit. I am going to move in the SFH then rent it out both units in the future. This is not my forever home.D...
Paul Gwilliam
Insurance for a Cheap Rental in Cincinnati
I just bought two very cheap houses in one deal for $26,000. They are decent sized for the price, but they're not worth much more than the purchase price. Maybe $20,000 each.When it comes to insurance, I talked to m...
Byron Kim
Washing Machine/Dryer replacement issue
Long story short, I had a repair guy come out to repair a washing machine. While he was trying to fix it and stepped away, apparently my tenant touched a few things and shorted washer AND dryer, making both nonfunctio...
Curtis M.
Home repair during Corona Virus
I have an atrium window in my house that has a double pane window. It recently broke the outside pane from a hail storm and I’m trying to get it fixed but the tenant does not want anyone entering the house to do so. T...
TJ C.
Looking for advice on my first property that’s is under contract
I have my first property under contract which is a duplex. Top unit occupied and rents for 800, bottom unit occupied which rents for 1200. Purchase price is 160k, appraisal came in at 175k. PITI is 1253. All sounds gr...