Hi All, Im thinking of purchasing to buy and hold. Its a 3 fam. Two of the units have electrical heating. Ive read about the landlord pros and cons but was recently told that tenants will not want this rental because ...
This will be my first flip and I have questions on ROI.
As background, it's a 1400 sq ft ranch in a very desirable area where homes typically fetch $500/ft+ after rehab or new build. Just to use round numbers, I'm b...
Hi all,
Well here goes again... I am human... Every so many years I start to look at Townhomes in my area and the prices are perfect and the numbers for 3Br 2Ba are on target for awesome cash flow. THEN I see...
Just had some tenants move out and leave a large hole in what was a brand new kitchen cabinet. (See photos below.) The cabinet is laminate over particle board, and the area where the hole is located is visible from ...
Hi everyone, what kind of shower do you guys put in for a low end rental? There is currently a clawfoot tub that I plan on removing and putting a one piece tub/shower surround. What do you think? Is this the cheapest/...
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
I brought aboard a new rental property recently (rented for September 1st). It's a 3 bedroom, 1 bathroom cape cod. The primary reason I purchased this property was the neighborhood. I really liked how nice it was an...
Finally found a tenant who pays her rent on time, but now she wants to move out when lease is up due to heating cost. It's her first winter there and propane heat costs 2 tanks a month ($230 a tank). there is also e...
Just getting started with wholesaling. I inspected a lead I got from direct mail the other day and I'm wondering if I went way too low on my offer because I overestimated the rehab cost substantially.The owner was an ...
This bad handyman is accidentally looking to get promoted to just a regular handyman. Ive never been afraid to roll up my sleeves, but I generally know what I don't know and hire out the more advanced or specialize...