hello everyone,I am trying to find the right tune between cost of premium and coverage. It's my first rental property so I am just asking for advice that might sound stupid but I will do it anyway :-)The general quest...
Hi all,I'm looking at getting my first property, but a big concern for me is unexpected expenses in the short term. What would you recommend as a cash cushion for unexpected expenses/repairs in the first year or so of...
Anyone have any feedback on a metal roof? Looking at property built In 1941, not sure if roof is original?? Very ugly green color. Can you paint metal roof? Is it worth changing it?
Hello BP,I need advice.. Received an email form my property manager explaining that my tenants dryer stopped working and that they called a maintenance company to look at the dryer ventilation and discovered it to be ...
I think that I have found a good deal on a property, but as this would be my first deal I wanted to run the numbers by some more experienced investors.House is a 2 unit - 3bed/1bath per unit. Interior of house is read...
I have been sitting on the sidelines for quite sometime doing my research, but feel I am ready to take the plunge and purchase my first investment property. I am in the process of starting to look at properties and a...
I've read a lot of negative things about buying condos for rental. But even though you would pay somewhere between $200-$400 in monthly maintenance fees for the unit, isn't that offset somewhat by the fact that you wo...
I have been given the opportunity to purchase a SFH in Florida. The owner is willing to finance the property at 5% on a 20 year note with zero down. They are selling the home for $550k. ARV is $625k (although the m...
A storm passed through this afternoon. Currently, power is on but lightning blew a couple of breaker switches plus WiFi is down, modem is fried, dishwasher doesn’t work, dryer turns on but doesn’t heat, garage door op...
I'm not sure what to do with this. As you can see, the door is missing, and should probably be replaced. The wood floor inside is also slightly soft. I don't know whether I should just tear it down, or leave it beca...