I am a relatively new landlord (1.5 years) and encountering my first major issue. I bought a duplex January 2021. The first floor unit had oil heat and I wanted to change it to gas. There was nothing wrong with the he...
I recently learned that NH has passed a law requiring property owners to abate any lead paint if children in the home are tested as lead poisoned. At the start of the school year, all hidrem are now going To be teste...
Hi everyone. My property manager just called me/sent an invoice with 2 options regarding replacing an electric water heater (please see attached screenshot). The property manager said the issue is the water heater's a...
Please help me look at this deal. I am getting really close to my first purchase. Have been learning all I can here, but feel nervous about my interpretation of how to analyze a deal and I know many of you can do i...
Hello,The weather outside my rental unit is 61F and my tenant has already started running his centralized AC perhaps he thinks we have already hit the summer. Is this normal? I am bit worried there may be adverse effe...
I have been seeing this a lot lately: people who hold on to underperforming properties because they add to their door count or to their self-worth as real estate investors. If you don't like buying hoarders' houses, d...
I primarily flip houses at this point, but I also need to pick up some rentals for the depreciation and of course the passive income. That being said, I do not want to have my money tied up into rentals, when I could ...
Hi All - So I have two rental houses in Houston. My property manager called yesterday and told me that two of my houses were under water. One had about 18" of water in it and the other had 48" in it. My insurance agen...
Hello everyone!I need advice, would you buy a condo and rent it out? My numbers are good as far as ROI. However do condos also have equity that rise like a single family home?
Hey Guys,
I recently bought a new rental property and am in the process of rehabbing it to rent it. Generally, I buy the lowest cost of whatever-it-is that I am replacing so long as it is durable. However, As I go th...