I am new and trying to learn as much as I can, I have been listening to the podcast like crazy. I keep hearing the term Cap X, what does that mean.
Hi, all. First, apologies if this is the wrong place to put this question--my buying a place hinges on it, so I hope this is the right place to post.Anyway, total noob question. A lot of you are probably familiar with...
So I'm looking at buying a single family house that has great numbers as a rental property. But needs carpet, paint and kitchen/bathroom remodel.
I know the Bathroom Remodel / Kitchen remodel are depreciated...
One of my units has mortise/skeleton key locks/knobs on the bedrooms. We don't have the keys to these old locks, and my tenants say that the doors have locked before, which is a concern (for obvious reasons!). I'd lik...
I was chatting with a property management company and they said that they recommend that if a unit has water and ice maker on the door to switch that refrigerator with one that doesn't. Their point was that most of th...
Hello BP community,I'd love to hear from experienced investors on which repairs have historically increased their home's value the most. Obviously, there are many factors involved in this and it is difficult to distin...
I'm looking at a rental property. The garage roof is in terrible shape and needs to be replaced. Would this be depreciated at 27.5 years or is there some way to take the expense all this year? The house is currently r...
I have an interesting question I hope a few folks can give me some feedback regarding. I acknowledge up front some of you may not agree with this line of thinking, or even admit it "could" happen in the future, but he...
Hey guys and gals,I just purchased 2 single family houses and a duplex to go along with another duplex I currently own. I'm just curious how much cash I should try to keep in reserves at all times in order to deal wi...
I am considering buying a portfolio of 7 condos in Memphis, TN. They are in a great area, big upside potential. Everything about this deal looks great. But I am nervous about working with an HOA. This is my only hang ...