We owned that particular unit for 18 months are, and save for replacing a few tiles in sections, it seems to work out.Take home - I'm just not sure if it's better than just going with a basic carpet selection.

Replaced HVAC.

Just let that engine continue to work. 

When my maintenance dude went to the house this summer, he turned on the breaker to the AC and it sparked at him so we replaced the whole panel which wasn't cheap.

I just graduated from college in June with a degree in mechanical engineering, but I've found that my true passion and interest is in real estate.

Capital Expenditures (10-15% of Income)Rule of Thumb: Reserve 10-15% of your income for capital expenditures (CapEx) like roof replacement, HVAC systems, or major renovations.Why: Regularly contributing to a CapEx fund ensures you have the cash on hand for significant improvements or replacements, preserving the value of your properties.5.

Sewer scopes are a MUST do item when buying an older home unless you can see clearly the line has been replaced with PVC..

Depends on your search engine that you are using.

Also responsible for other expenses such as lawn maintenance, repairs, replacement of appliances etc on behalf of rental LLCs (A, B,C). 4) Y will charge monthly operating fee of 10% from each LLCs (A, B and C).5) LLCs (A, B, C) will NOT have separate bank accounts.

Now, property values have dropped—almost to the point where the capital gain tax I avoided through the exchange is offset by the decreased value.Has anyone found an effective 1031 exchange strategy that allows you to take advantage of the tax benefits while still buying the replacement property at a good price?"