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If I have a home warranty on a SFH rental, should I still budget each month for CapEx? For example, I pay $500 a year for warranty plus $60 for each service call. I choose to budget $100 for this expense ($40/month ...
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I just closed on a long-distance duplex last month where I inherited one tenant paying under-market value. My property manager just signed a section 8 tenant today paying market value. The property is in great shape...
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I have a rental property which needs an almost full rehab due to the previous tenant destroying the property. I am planning on installing laminate countertops but have a contractor I may want to work with stating he ...
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Hey everyone,I purchased my home in December 2015 with a new septic system installed, paid for by the seller. Soil conditions were dry when I moved in, but I noticed that there was a runoff in my lawn running down fro...
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I have a house I'm flipping in Florida and the guy that will be installing my AC unit will do it with or without a permit. It's cheaper without a permit but I'm new to flipping and don't know if this will come back to...
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This is our first full rehab. We are trying to use the BRRRR strategy. So far we have bought, rehab, and its on the market for renting. Then we will refinance after 6 months and repeat!!This is in the Southeast area o...
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I looked at a property and never saw this kind of heater before - I thought it was a gas furnace- I am told it is a huge gas space heater that is old and probably no longer meets code - it is in the 2nd floor of a 2F ...
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One of our tenants recently began having issues with someone messing with their front & back doors and are asking about a security system. Single family home; we want them to feel safe; anyone else experience sim...
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How are tenant property improvements handled???
Example.
Tenant installed laminate flooring.
Tenant installed new exterior door.
Tenant installed fence on the property.
Floor to ceiling mirrors glued to drywall...