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I'm not at the point where I think purchasing a truck/van to haul supplies (-ie, lumber, cabinets, water heaters, etc) is justified. However, I do need to find a way to haul large items from Lowe's/Home Depot to my p...
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I watch a lot of RE shows about flipping and solely renovating. I know that there is more behind the scenes then what is shown on TV but on these shows, they seem to be able to do a renovation for between 30-40K. Incl...
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I have several houses now and my filing cabinets are getting a little stuffed. I have a separate accordion folder for each house. I keep the original purchase papers, receipts for repairs, credit reports for prospec...
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I am thinking about converting my garage to a studio to rent it out. The one thing I am wondering about is how I can sub-meter PG&E and the water. I can pay for the tenants utilities as long as I am still living i...
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I am a brand new real estate investor. I purchased a duplex with a current very good tenant two months ago. I have put nearly $`13,000 in electrical rewiring of both units, painting, new ceiling fans, and a new hot w...
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Hello everyone,I am starting to analyze some deals in my local area as I am looking to purchase my first property. I am generally looking at 3BR, 2BA properties and some smaller multifamily properties. A few questi...
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- 3-4 desks and random items from an eviction cleanup... are sitting off to the side of house/yard ( I own the lot next to my rental house ) - Today I stepped out of my vehicle to get to work on updating the home agai...
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What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...
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I always stress open lines of communication with my tenant. One evening, he informed me that the water dispenser on the refrigerator stopped working. He kept saying it really wasn't a big deal and not to worry about i...
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For buy and hold investors, to analyze your return, you have to take into account the capex expenses. I really don't know how to handle it.In a recent post, Brandon Turner estimated that 182 $ per month have to be put...