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I recently inherited a triplex where I live in one unit and rent the other two. The property is payed off and I would like to begin focusing on buying another property. How much money should I set aside for expenses s...
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I recently bought a new duplex and it came with two new central air units. Yesterday it was a 115 degree heat index and the units were having trouble keeping up, it was about 83 degrees in the apartment. Should I be c...
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I currently self-manage my 7 rentals and want to keep this portfolio growing, while still self-managing. The key? Minimize annoying service calls and long term repair costs! Please help me add to this DIY preventative...
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Hello all, So we are going to look at doing our first flip. Right now we are strictly buy and hold investors. We can do almost all of the work ourselves other than major plimbing, electrical, and structural. What a...
I just recently had an air conditioner condenser unit replaced in June in my California duplex.The bill was for $2200 for a 3 ton with r-22 Freon.The second unit just went out and now I am quoted $2800 for 14 seer 31/...
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Hello BP!
Here is the dilemma. I have a 5 bed 3 bath house hack in Colorado that I just got done renovating and I am renting it out to tenants next month. The unit has a nice Goodman HVAC unit in the basement but d...
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Hey Guys, So we are in the midst of a single family gut renovation project that we will be renting out long term. We will be paying the utilities since its for subsidized housing. We are trying to figure out wha...
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My husband and I just bought our first deal, a 5-unit that sits pretty close to the road. Besides upgrading the units themselves, we definitely want to paint the exterior and replace the old deck and patio for curb a...
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Would a diagonal crack in the foundation worry you? House build in 76 in clay soil in st louis, Mo. The basement has cracks in 3 of the 4 walls. My goal is hold this property for the long term. Could be a simple fix...
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Hi everyone.
In the past few years, I have had to replace quite a few appliances in rental properties. I find them to be a big financial and time drain for me. I also don't like the time pressure from tenants when ap...