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My partner and I did our first deal a few years ago which went really well and we have about 1-1.5M in equity, but the problem is that the cash flow it generates is not that great - partly because cap rates are so ...
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Wondering if I can place luxury vinyl plank flooring right over existing ceramic tile without having to level the grout lines. The grout lines themselves are not much deeper than the top of the ceramic tile(See pictur...
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Had a small roof leak and we discussed him fixing the work and agreed on a price just to patch the leak. It clearly states in the lease and we had a verbal agreement I would make an acceptation this time. Well he sent...
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Which do you prefer for durability and overall value?
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We have a 2nd floor 3bd /1ba unit in a duplex with subfloor damage due to a leaking toilet. The repair will likely take 7-10 days to allow time for dry out, during which time the bathroom will not be usable. Since i...
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Looking for some advice on a rental property I just purchased. The inspection report indicated that the electrical outlets were not grounded or “open ground.” In talking to an electrician it would cost $900 to complet...
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Good morning,One of my tenants reported a leaking tub and mold on the wall and floor in the closet which I assume is next to the bathroom. The tub is cast iron, the area around the drain metal piece got rusty, as well...
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What proactive measures do you take to increase profitability on your rental units? Here's some things I have done recently:
1. Challenged tax assessments.
2. Hired a firm to handle the 2nd round of assessment chall...
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I recently purchased my first buy and hold investment. The house was in pretty decent shape. The seller wanted out quickly and so they agreed to provide funds for some needed repairs that came up during the inspection...
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First time vetting hard money lenders for a flip I have under contract but not closed yet. One potential lender has attractive terms (8%, 2 points, 100% financed, no prepay penalty), but on the phone he has very spott...