Michael Barbari
Deal in process. Thoughts?
Duplex in B neighborhood with recent remodel in both units. All new hardwood, kitchens, and paint. 4 year old roof. Furnaces in decent shape. Purchase Price 140kMorgage Amt (25% down) 105k @ 4.125% locked inGross Re...
Melinda Smith
Finding Out Rent Prices in Areas
This is probably a very basic question, but I'm a newbie and haven't found anything via the search option for my question. I live in the DFW area where rent prices fluctuate depending on which part of the metroplex y...
Maria Car
central air or wall unit
My rental unit has a 500 cash flow each month , the central air fan motor went out , eventually I may need to replace the entire unit a/c and furnace which is about 3 k, the house also has a swamp cooler , edison ...
Ian Tudor
Thoughts on 3bdrs/1.5bths
Currently, I am in the process of putting an offer on a property that is 3 bedroom/1.5 baths. This isn't the only property in the area with this layout.
My investing strategy is buy and hold.
The tenant profile in ...
Marc Paelo V. Tumamak
What to look for when buying a vacant land?
What is the process in purchasing vacant lands?Also what are the things should I be looking for when purchasing it?I am looking to purchase to flip or build on a land.
Account Closed
Window heating and cooling units in FL to they decrease value?
Hello guys,I am closing next week on a property in Lakeland Florida. It's a 3/1 and I think I got a nice deal on it. I had a short discussion with my PM about the property and she says that because of the window AC un...
Victor Adefuye
Insurance for Appliance Issues
Hello fellow landlords - I'm in the process of launching a new company, based on my frustrations from managing unexpected expenses in my units. The concept combines handyman service with insurance. Basically, if there...
Nerissa Marbury
Charging tenant for stove repair that equates to replacement
Hi there,ISSUE: A tenant informed me she is responsible for cracking my glass top range and wants to know next steps for getting it repaired. The glass top / cooktop part is no longer manufactured. If the part was ava...
Michael D Valadez
How to make a basement unit legal in chicago?
I bought and rehabbed a 2-flat in chicago this year and now I'm turning my attention to the basement. It was a legal 3-flat but the last owner had it decoverted to storage a year before the sale. I was told there was ...
Derek T.
Need Help on Budget
Guys I am in need of some help with my SOW and budget for a property I am purchasing. The property is an older property (built in 1920) and I am picking up the property for $45k with an ARV at $180k. The problem is ...