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25 April 2024 | 11 replies
I grew up blue collar and my dad was a contractor, so I'm very much a DIY guy and think I can reasonably handle property management.
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26 April 2024 | 3 replies
Recapture depreciation does not prorate over time across an installment note.
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25 April 2024 | 9 replies
Years ago we did not provide laundry units to tenants, and found that when tenants had to move their own units in and out, they damaged floors, walls, cabinets, hooked the units up wrong, didn't properly install wiring or dryer venting, etc.
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25 April 2024 | 15 replies
How important is it to install new siding on a BRRRR strategy home?
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27 April 2024 | 19 replies
Door lock was finicky, nowhere to plug tv in hired an electrician to install a new outlet.
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26 April 2024 | 4 replies
Here's what the quote covers:- Conversion of 2 bedroom, 1 bath main house to 3 bedroom, 2 bath (~1040 sf footprint)- Demolition of existing walls (existing dining room wall, wall between kitchen and living, bathroom closet)- Finished Shell (Reframing opening to living room and kitchen, shifting openings for bathroom/bedroom, new walls at bathroom and dining, level - Replace all aluminum windows with fiberglass windows and screens- Upsizing plumbing, and relocating fixture locations as necessary- Upgrading electrical panels- Assume heat pump and ductless mini-split for heating and cooling- An allowance for kitchen appliances including combination range, hood, dishwasher, microwave, refrigerator, and washer/dryer- An allowance for mid-grade plumbing and lighting fixtures (Delta, Kohler, or equivalent)- Mid-grade plumbing and lighting fixtures (Delta, Kohler, or equivalent)- Ikea cabinets or equivalent with solid surface countertops, includes island- Assume solar system to be installed on the house including battery storageFor the garage ADU, the garage would need to be demoed and rebuilt, but we would benefit from building within the setback since the garage is on the property lines.
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24 April 2024 | 6 replies
- There are a lot of good folks on BP who have been in the game a long time and can vouch for different QIsAs for your DIY model: you can't do 99% of exchanges on your own, the IRS won't let you.
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26 April 2024 | 52 replies
I recently installed a high efficiency hot water heater and furnace in a single family home in Western PA, I called the building inspector to ask what permits I needed, and he could care less about permitting for it.
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24 April 2024 | 1 reply
Just got a phone call from a local fencing contractor telling me that he just finished installing a fence at one of my rentals.
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23 April 2024 | 2 replies
For liability reasons, should I install a fence along the water and put a gate in front of the bridge?