Trace Manning
Primary home turned rental
Investment Info:
Townhouse buy & hold investment.
Purchase price: $160,000
Cash invested: $15,000
Sale price: $230,000
Primary Home turned rental.
Mortgage and HOA equaled $950
Rented for $1...
Brandon Miquelon
Submetering in Denver
I just purchased my 1st home in Denver and am mid-renovation (it's been a brutal one). I will have 3 units and I will be living in 1 of them. As I prepare for tenants, I'm starting to think about utilities. Can anyone...
McKenna England
ADU build or not to build? ROI or family?
Hi Everyone,
I am happy to have found this community! Here is my quandary. I will be approaching retirement within the next several years. I am considering building an attached ADU to supplement my income. Unexpe...
Pam R.
Surprise Storm Water Fee
Just something interesting I thought I'd share:
I opened today's mail, and found a $30 bill for a storm water fee for one of my rental units (one side of a duplex) in Delaware, OH. Odd, because the units are ...
Martin Nowak
Need Advice on cash flow
I have a property I’m in interested purchasing for an investment property. The price is 68K. It will likely require improvements of $20,000. My hope is pay for with a HELOC line of credit. The improvements I would pu...
Derek Levi
Home warranty is it worth it?
Trying to decide if I need a home warranty. Home was build in 1954, it is need of the wiring to be redone and possible leaking pipe in the bathroom, but other than that it’s in pretty good shape..... What do y’all think?
Cy Saelens
Does "new tenant fee" charged by PM companies kill annual profit
Hi,I am starting investing in cashflow markets after focusing in the past only on appreciation (no other choice in California) . However I realize that in these markets, profit per unit is so minimal that even a short...
William Behm
Homesearch & Auction.com pushing Doc Stamps onto buyer
I am purchasing a property in FL via Homesearch.comLooking at the contract it appears that they are trying to sneak in that the buyer will have to pay the doc stamps which is normally something the seller pays. I wil...
Jordan Marshall
Down tree
Recently we had a storm that knocked down a tree at one of my rental properties. Unfortunately it fell into the rear neighbors yard. I have scheduled to have someone remove the tree but there was damage to the fence o...
Kiet Tran
Rent: First months, last months, & security deposit
Is charging first months rent, last months rent, and security deposit overkill? I have screened tenants that have a 650+ credit score but am deciding whether or not just first months rent, and security deposit is acce...