Hi Experts! I am new to posting but have been reading and learning from all of you for over a year. I recently put my first investment under contract- a HUD home that is in a great part of my city near colleges an...
Whats your position? Replace things before they break (proactive) or don't fix what's not broken (reactive)? Also, when do you know if something is nearing end of life? What's your average life span for the following:...
Hi all,
Just purchased a fixer upper, and I will need to replace several of the ceiling tiles in a couple of the rooms. The tile patterns seem old, and I'm unable to find them at Home Depot, Lowes, etc. Any advice on...
Hello. I have a custom window that the glass is broken. the glass is somewhat special with decoration , gazed inside so I want to replace glass with something similar. Where would I be able to find contractor do it or...
Do I need to use a commercial mortgage/note to buy a replacement property on a 1031 exchange?I sold a property, used a 1031 qualified intermediary to hold the funds, and now I want to buy the replacement property. I ...
Hi,
I've got a mortgage app in for a rental property. One of the conditions of the mortgage (which were given to me after applying) is that I need to purchase replacement cost coverage rather than cash value coverag...
Hi everybody,I'm looking to increase my volume to closing on 1 new flip a week by the end of the year. I was just wondering what everybody thought about when to replace non-cosmetic items in the house. I usually almos...
I have a house (1600 sq ft, 3 bed 1 bath on slab) I paid 105k for. It was a d- in a nice neighborhood, comps in the high 100's and low 200's. In 2008 it appraised for 135k, now worth 146k as is. It's a Frankenstein/Go...
Hi!I am looking into a short sale in the Cleveland area. Unfortunately, the roof looks pretty scary and as it's a short sale, I don't expect to be able to repair the roof myself before winter arises. Would anybody kno...
We are in the Cleveland market so summers are warm and muggy. AC is desirable but how much ?
I can replace a boiler with furnace,ac, ductwork for 6-9K depending on the house. Most of the time on new flips we do repla...