Lauren Gomez
Not doing a 1031 Exchange
16 September 2021 | 1 reply
We have more than once not been able to find suitable replacement properties.
Kevin Phillips
Tenant lease with a tired rent structure?
16 September 2021 | 4 replies
I have a triplex which, based on our planned maintenance schedule, will have the roof replaced, siding fixed up (siding is already newer), trim paint and new exterior porch/stairs in the spring of 2022.One of the tenants, who also just reached his lease term, gave notice.
Chance B.
Property electrical needs to be re-wired.
22 September 2021 | 10 replies
If it’s a rental, you wouldn’t replace the siding because it isn’t up to current building code would you?
Marty G.
1031 Like Kind Advice/Help
19 September 2021 | 3 replies
You 45 days after the close of your sale to identify the replacement property and 180 days to actually buy.
Zach Clark
Has anybody ever heard of a 10-2 principal
17 September 2021 | 5 replies
The 10-2 might hold up for a few years but not when the HVAC needs to be replaced or when there’s a nasty eviction. 50% rule is more conservative to set expectations for covering those expenses.
Craig S.
Salting Multifamily Question
17 September 2021 | 5 replies
The more units under one roof, the more efficient the cost of salting is, as you will pay the same cost for the sidewalks whether 3 people walk on it or 30 people.I am not debating whether or not to plow or shovel the snow, only the salting component.
Brian Kim
Dealing with a bully condo building manager
4 October 2021 | 3 replies
Hi, I'm not too sure if this is the right place for my question but I'm seeking advice on dealing with a bully building manager.I need to replace a new window on my apartment (a high-rise condo in UWS NYC) and the bldg mgr says I need to work with this company that does all the window works for my building.
Verna Littleton
Easy Fix n Flip in Memphis TN
17 September 2021 | 2 replies
I replaced the roof, water tank, updated, electrical, updated the kitchen, refinished and stained the original hardwood floors, renovated the bathroom, Basically I did a total renovation!
Verna Littleton
Easy Fix n Flip in Memphis TN
17 September 2021 | 2 replies
I replaced the roof, water tank, updated, electrical, updated the kitchen, refinished and stained the original hardwood floors, renovated the bathroom, Basically I did a total renovation!
Jeff Davis
Budgeting for MF cosmetic rehab
20 September 2021 | 7 replies
It may be a little low because we cant see everything that needs to be replaced in the photos, but it may give you a good starting place.