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Does anyone here purchase home warranties on your rental properties? I’m thinking about adding them to my properties to mainly cover items like hvac’s, water heaters and such.
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Hello fellow Phoenix-area investors! What are you averaging for cash flow on your properties?
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Don't over-improve rental property. To keep your cash flow at optimal levels, don't spend too much on upgrades for a rental property that will likely need maintenance and repairs during turnovers anyway.
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I've brokered lots of rental deals where the tenant is requesting the landlord to do extra work or make improvements. Could be installing a dishwasher or laundry, refinishing floors and painting, or even more extensiv...
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Hello all, Background: I'm 21 years old, less than 5k in the bank, working on becoming a real estate agent in Colorado. I work in the oil field (~90k/year, heavily taxed) and am in the process of paying down debt ~10k...
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Hello BP family. I have 2 questions and need advice please:1. What kind of policy and how much insurance coverage is needed for a rental property?2. When investing in out of state properties, is it better to use an in...
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Hi guys,I would like to know how much I should expect to pay a turnkey provider for their services. I'm finding that turnkey providers don't always disclose that. Have any of you experienced that? I'm not sure I under...
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I purchased a SFH for $30k cash in June. I put $20k in repairs into it. I have a tenant moving in August 1st at $895/mo. It's an 800 ft2 2/1. My property taxes for this year are $3000 but are going do...
My property management company has just quoted around $5300 to replace an A/C unit for my 2BA/2BR apt in Texas they manage. 14 seer 2 ton R410A Goodman system. Note says they need to replace inside and outside unit. I...
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I am not sure how likely this is to pass but it is worth watching for anyone that invests in California or may wish to invest in California in the future. Basically, it looks like it is meant to target anyone buying a...