Drew Denham
How old is too old?!
HI all,
I found a multifamily foreclosure for $12,900 in my hometown in a B/C area. The house was built in the 1900's and i'm a bit leary of potentially buying a house that old. Thoughts?
What should I be looking ...
Chen Zhou
My second ADU project in the Bay Area (why and how?)
Hi everyone,
I've got tremendous help and support from this forum in the past 3 years. To give back to this community, I thought I'd share information on the second ADU project I'm working on in Santa Clara. I posted...
Jim Herbst
Do you carry a home warranty on your rental properties?
To be honest, I'm not even sure if you can carry an annual warranty policy on rentals, but is this an avenue anyone utilizes? The benefits would certainly be to stabilize fluctuations in maintenance costs and to stre...
Gurjot Grewal
How often do you come across a great BRRR deal?
Last 3 weeks I have analyzed properties 2h daily. Some days more. Have made a few offers. I know I still have a ways to go. Nothing accepted yet. Got a great team in place, investing at a distance. How often do you fi...
Rance Smith
Crazy Chicago real estate Journey
In February of 2022 we purchased a newly renovated 3 unit building in the South Austin neighborhood of Chicago. The price was 500k and we used a DSCR loan for the purchase.
We listed the top 2 (3x1) units for $1800 ...
John Clark
Sewer liner - depreciation or expense ??
Hello everyone,For starters I already know that I need to talk with my CPA. But he's on vacation for the week and I'm curious.I have a rental that has been having issues with clogged main sewer line. So I send someone...
Mark Schneider
Plumber, electrician, general contractor recommendations in Iowa
Hello,My brother and I recently purchased our first single family home rental property in Des Moines. I am starting to build a quick-list of trusted/recommended plumbers, electricians, etc. in the Des Moines area that...
Account Closed
older multi family house....
Hi, This is actually a double question. I often find some really nice MFH's but they are often older homes, some dating back to the early 1900's. One in particular is really beautiful, inside and out. It is already...
Mike M.
Water Submeter -- Require Tenant to Maintain Internet Service?
Recently purchased a duplex that has separate gas/electric meters for each unit, but only a single water meter serving both units. Having faced this situation before, my initial plan was to install a second meter in ...
Alexander Flores
Rental Property #1 - Pensacola
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $72,000
Cash invested: $26,000
My first rental property was a total rehab. The property was purchased using a hard ...