Lauren Gomez
Not doing a 1031 Exchange
Has anyone NOT done a 1031 exchange on the sale of a property and opted to pay taxes instead? Why did you opt to do this?
Jacob Ayers
Deal Analysis
Hi BP Community, I've recently purchased @Michael Blank 's Syndication Deal Analysis calculator. I've received a P&L statement from a broker. However, the NOI is trending in the red, due to recent capital improve...
Lyndsey Whiteaker
What are your best practices at finding good maintenance men?
So!Our biggest struggle with having a portfolio that is growing is finding a good maintenance man. We have hired and fired two within the last month. Where do you look for them?What do you require as a skillset? What ...
Dawon Irvin
Easy Steps to Increase Energy Efficiency in Your Rental Home
Improving energy efficiency not only helps the environment but also puts money back in your pocket. Let's explore budget-friendly tips to make your rental more energy-efficient and sustainable for the long run.
1. Se...
Cedric Van Duyn
Reasonable Hot Water Heater Replacement Solution?
Hi Everyone,I have 4 Hot Water Heaters that look like they need replacement in the next couple of months.I would appreciate any reasonable solutions from other landlords & property managers.Question: Are the Water...
Jeff G.
Existing Tenant with High Lead Levels in body
So I am looking at a property, only issue is the child of an existing tenant has high lead levels in his/her system. The city came in and said the current owner needs to replace all the lower unit windows (uppers pre...
Erin N.
CAPEX or repair? Where to draw the line
I set aside 8% of gross rents for CAPEX, and I keep that money in a separate account. I recently had 2 major issues with HVAC systems at two of my properties. One cost me approx $1000, the other approx $1500. I'm n...
Amita M.
Renovating a condo with walk in ( medical type) bathtub
Guys I am closing a condo within a week and this condo has walk in bath tub (medical type) upstairs and a walk in shower downstairs, I will be renovating it because it needs a lot of work. My options are:
1) keep the...
Steve S.
Need suggestions on how to deal with burnt out light fixture
In one of my more high end rentals, I'm dealing with a burnt out socket on one half of one of the 2 master bath light fixtures.There are two fixtures with 2 lights each.What would you recommend? I would assume I will ...
Geoffrey Tanudjaja
Homeowner's Insurance for Buy&Hold Investors
Hi BP Community!I am currently shopping for insurance's quote and I am confused with what they have to offer. The property (duplex) is located in Detroit, MI. The size is around 2,000sqft and was built in 1928. They j...