David Pearson
Cash Reserves for Rentals
Hey just wanted to get some other investors opinion on how much money I need to put to aside for each rental house I have. Is there a set number or does it depend on each house?? I figured for houses around 80-100k ma...
Account Closed
Have you had your Landlord insurance cancelled?
Have you had your Landlord insurance canceled?I just received a letter with a list of demands that may take some time to remedy. There's requesting roof repairs/replacement for two separate properties. What did you d...
Kristen Brandner
Turning townhome into a rental or selling?
Hello,My boyfriend currently owns his Townhome in Issaquah, WA. It is a 3 bd, 2.5 bath, 2 car garage. We are currently under special assessment of 17K to replace the roof (they notified all the homeowners that they ha...
Mike Storey
MHP how to make this deal work
I have a local park that owner is wanting to retire. It seems way over priced at $250k but what offer should I make? Here are the details. 6 singlewides and 3 doublewides and 1 vacant spot on approximately 1.5 acres. ...
Lawson Vicknair
My first real estate investment.
Investment Info:
Single-family residence fix & flip investment in Ponchatoula.
Purchase price: $45,000
Cash invested: $30,000
Sale price: $107,000
3 bed 2 bath home. It was built in the 60s. ...
Raj Malhotra
Permit required? Jacksonville FL
Hello All,
I am a new investor and looking at a potential house to do my first
flip. I understand that during the flip process, i will be required to
have a licensed contractor for major electrical and plumbing ...
Michael Springs
Financing Options for Capital Expenditures
We bought our first multifamily last year. We purchased "as is" on a nearly turn-key property. The roof is nearing it's end of life, a water, and gutters need replacing. Besides the fact we didn't walk into this with ...
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Rehab Labor Vs Cost
When it comes to rehabing which cost more Labor or Materials? Ex Replace roof on 2100 sft sfh. What will cost more labor or materials?
Jonathan Guzi
Home Insurance options in Fire prone areas
Hi everyone, Newbie here, looking to close on my first purchase in Crestline, CA. Currently looking at my options for home insurance, and they seem pretty limited. Most quotes I get require that I purchase a separate ...
Trip McNeely
Disclosing asbestos siding?
I'm in the process of buying a SFR that has asbestos siding. It's in great shape and has been "sealed" with paint (per sellers). There are no cracks or split tiles that I can see.
The property is in MI and there's ...