What is the depreciable life for a HVAC unit within a commercial building? Is it considered equipment depreciated for 7 years or qualified improvement property depreciated at 15 years? I'm not seeing a clear answer un...

I don't know why all the car-related threads end up in Investor Psychology. Let's assume it has to do with how people motivate themselves. :-)The "what kind of car do you drive" thread is great, but I have a hard t...

Hey BP. I am looking for a lease template for outdoor lot storage yards. I have a vacant lot, fenced with gate, and I would like to begin using the space for people to store vehicles and/or boats. Access would be limi...

Movable walls are being used more and more but usually for commercial applications.  But imagine if you have a space where you could move a wall making one side bigger while the other is smaller.  It would need to mov...

Hey BP, I'm working on doing a full unit rehab (after the inherited tenant moved out). When we're done the rehab & get it rerented we'll conservatively cash flow 600 a month after cap-ex, repairs, etc. Do you use ...

Hello Newbie here I have a unit with a sump pump in the basement can only access it by going into the unit to get down there. My question is can I write in the lease for the tenant just to have it plugged up on rainy ...

We are purchasing an REO for our first attempt at the BRRR method. It is a major fixer upper and our budget is squeaky tight to make it work. The AC unit is undersized at 2.5 tons for a 1800 sq ft home. It needs to be...

Hi all,This isn't a post about rentals but I want to clean the air vents in my older Chicago apartment unit because they look pretty dirty. I did a DIY mold test on the surface and there are some evidence of mold, whi...

Once I made the decision to start flipping towards the end of last year I was eager to begin. Maybe too eager?  There was a property being auctioned the day after Christmas. It was listed as a lender approved short sa...

I'm looking into a potential deal on a duplex and, while the numbers are very good, my hesitation is that one of the units is heated with a propane heater and a pellet stove. If it were something I were living in, I w...