Drew Dim
Condo - What Would You Do?
Would you make this deal?So I have come across a condo that I am interested in as an investment property but want to know what others would do if in my shoes.Specifics:Asking price $55,000 (Has been on the market for ...
Shawn Martin
Under contract and hail storm
I am in the process of purchasing a REO property. I have the house under contract and the 10 day inspection window has started. Since we went under contract the stove has been stolen. The property manager for the b...
Yu Jiang Tham
"Covered parking" in LAR1 requirements?
LA county zoning ordinance says that LAR1 residences should have at least two "covered parking spaces" per single family house. How covered is covered? Can this just be a shade structure with a canopy, or does it need...
Jazmine S.
Roofing: To replace or not to replace?
Hello everyone,I have a 1959 SFH with a tar and gravel roof with a very small incline. Is it true that even if it is inspected and is cleared, it is probable that I will have difficulty at time of sale with the buyer'...
Anthony Phillips
Cash reserves held for each of your properties!
So I was wondering what sort of reserves everyone keeps on there properties. I know most people are saving a percentage of the rent for vacancies and cap ex. When you do get a property bought and rented are you keepin...
Aaron Einfrank
Home Warranties for Rental Units?
Do any of you landlords purchase home warranties (i.e. American Home Shield) for your rentals?
Seems like it would make sense especially on older properties whose major systems are begining to show their age (electri...
Todd Kozak
Roofing inspections on tall buildings
I recently went under contract with a house that has 3 stories (2-story with large attic). There isn't access to the roof from the 2nd or 3rd story. They only have 30' ladders and that wouldn't work. They didn't ...
Rip Rittell
Rips' Construction Tips
I wanted to share some ideas and tips that I use as well as get some from you guys out there. My wife and I invest in a high crime, low-income area of Baton Rouge, LA. We do things the right way, always. We love it an...
Nicole Spain
Insurance Help with inherited houses
We inherited 4 houses from a trust due to a sudden death in the family. We are trying to get them in our name then back into the trust. But in the meantime we have to get landlord insurance. We live in Florida and ...
Shalom Benton
Home insurance on 1950s home?
Anyone know of what insurance companies will cover a 1950’s home with a low pitch roof? The roof has about 9 years left on it. Thanks!!! I need a quote to close a deal.