Hello againFound a $15k duplex that needs almost a total rehab. The walls look fine but I'll look at it tomorrow. The rents around the area go for $500-650 and the other houses in the block go for up to $200k.Any thou...
As a landlord, what is your approach to reviewing your property after the tenant has moved out.What do you look for specifically?What have you overlooked and now you will not in future cases?Finally how do you assess ...
We found a property that on paper and in person appears to be a good deal. The problem is, it's in a high flood zone that was previously heavily effected by Sandy. The properties foundation since that time has been ra...
Hello All:I just purchased a 4-plex which has washer/dryer hook ups in each unit. I was speaking with a colleague about his rentals and he told me "I got some advice a long time ago that said, never install washer/dr...
Thanks for any advice! I noticed a small leak in the ceiling of my condo on January 26th. Contacted the property manager because bylaws state damage from a common element (the roof in this case) makes the HOA responsi...
Can someone help explain to me what an equipment breakdown coverage is? I mean I Googled it and read it and still am unsure what it really is.We own a condo unit in a small building of 8 units. There is an HOA. The...
The house I am closing on does not have central air. I want to be able to maximize my rent by increasing the quality of the house and one thing I am considering is adding ductless air conditioning unit. Does anyone ha...
Hello and thanks in advanced for any help.My real estate agent approached me with a deal that came from a wholesaler and on first review of the deal and after walking with 1 contractor it seemed like a good deal. I si...
I had an electrician address a problem with my hot water heater, he fixed the wiring, but referred me to a plumber to replace the heating element and thermostat. The plumber wants to replace the entire unit for $2,800...
I have winterized my house flips and now have to quickly dewinterize for home inspections... any ideas how to avoid having to reconnect all utilities etc..?