I am considering replacing a split system air conditioner/furnace in a 1000 sq. ft. 3/1 rental home with a new 2 ton AC unit and a 70k BTU gas furnace. The AC was not cooling when I bought the place. I plan to own thi...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $35,000
Cash invested: $40,000
Purchased in Warren, MI for 35k cash plus ~5k repairs (fixed up myself), closing cos...
Hi guys I was wondering if I can get your thoughts.So a local plumbing company inspected my property and found the sewer drain pipe (cast iron) rotted where where it connects to the clay pipe that goes into the floor ...
Hello,I have the choice of a couple of options right now. One is a local agent of state farm, they have a very high replacement cost if I lose my property to fire. However its quite a bit more expensive than a nationa...
I purchased a single family rental property in GA two months ago(Jan 2016) and rented it. The insurance sent me a cancellation letter in less than two months, with a one month notice. The reason was lack of upgrades ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $250,000
Cash invested: $70,000
Bought as a Primary residence to get us out of our last property. We anticipate ...
New tenant thought there was black mold on the rubber seal of a front loading washer. I posted about it here. I never got any mold with bleach and a paper towel or scouring pad, completely white, no signs of mold. The...
I am looking to purchase a large home in my small community. Most insurance companies are wanting to insure it at a minimum of 80% of the rebuild cost. The home is only worth 150k once fixed up but would cost close to...
I would like to get some observations on this. I had a new tenant movie in about a month and a half ago. They rented sight unseen. PM's handyman goes through the property inspection checklist in between tenants to inc...
Hi all.
When in a property, I noticed that a tenant had an unapproved cat. I didnt mention anything. Now, they moved out and the new tenant said he's allergic to pet dander, which the carpet now has. I have to repla...