Hello, Recently bought a house- fairly affordable, with the intent of making very small upgrades and convert it as a note and sell. The idea here is not only to sell the house but to make a note of it and sell. I keep...
This is going to be a wall of text, but I think it's necessary to lay down proper context.Not so recently, I took a job for the rehab of a house. I had to wait a little bit since I don't want to put anybody in the hot...
Hi, I've come to ask a problem I am facing with in a townhome rental property my parents own. In July, the tenant purchased a $8500 new 3 ton AC unit to replace the already working unit (previous was a smaller size th...
Kinda a weird situation I think. My rental property’s water comes from a community well which a neighbor owns. She is an elderly lady whose recently passed husband always dealt with. It has been having issues and my ...
My colleague suggested the following as a loose rule of thumb for ROI expectations on general upgrades:Ex:For $100 rent increase:$100x12 mos= $1200$1200/20% (ROI)=$6000Conclusion: $6000/door = $100 rent bumpDo you agr...
So this isn't exactly a rehab question, but not really sure where else to post, hopefully you guys can help.
While I was away in Israel for the past two weeks my family's water heater broke and my mother dealt with ...
Hi All,
I have a unit with quite a few 2 prong outlets. I know they are not section 8 approved but I don't plan on going that route anyways. Is there anything with code in a 3 unit that existing 2 prongs are not allo...
Excited to delve into real estate investing with three properties already in my portfolio! Currently prepping a new property in Arizona for the rental market and seeking advice on planned updates:
Considering upgradi...
Im the investor thats been reading books, listening to podcasts and constantly searching for deals but has yet to pull the trigger over the last two years. Finances are finally in order and Im ready to make my first p...
My parents own a triplex here in Texas worth about 120k, it needs some capex and rent hikes. Conservatively, rent with little improvements and repairs will be 2200$ in this market and higher with upgrades. I am in th...