Chuck Brickman
Lease in Texas
I'm a new investor and am getting ready to lease out my first property. Texas has a standard lease. My question is how do I add, or can I add additional items to the lease? As an example, I want to meet all tenants th...
Suresh Kannan
Roof Install and repairs
Fellow Investors,, I had a damage to my property in Forth Worth, TX due to Hail/Rain. Filed the Insurance claim. Requesting help on these 2 items.
1. How can I estimate the cost to replace the Roof(Ashphalt Shingles ...
Eric Karabinos
Do I Need Specialized Subcontractors?
Hey BP Community,I'm looking at doing my second project early this year. I completed a rehab to rental last year and used a GC. This time I'm considering hiring subs myself. I'm looking for advice from other investors...
Lee Cruz
How much can $20,000 in rehab can you complete in your area?
Im from canada and ive been emailing another investor in the U.S and she was telling me my $15000 rehab costs were too low. 15k for her would be paint and carpets. Thats it. For me 20 grand would be 2 bed rooms, half...
Linda M.
tax deduction for for items brought separately from renovation
I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...
Ryan Wamsat
Depreciation on 1 unit of a fourplex
I read somewhere (couldn't find it again, for reference) that if I replace an item, such as an AC, in one unit of a fourplex, I can capture 100% depreciation in that tax year. The logic being that I replaced only 25%...
Brandon Lashmet
AB1482 Exemptions (LLC vs Corporation)
AB1482 states that "single-family homes/condos (residential real property that is alienable separate from the title to any other dwelling unit) are exempt from AB 1482 if (1) the owner is not a real estate investment ...
Chad Collin
Triplex deal analysis
Been looking at small multifamily for a while for buy & hold. Found a CA triplex and ran through the calculator with conservative numbers. It's an older triplex but expecting to renovate and raise rents with tenan...
Juan Mendoza
What Every Real Esate Investor Needs to Know About Cash Flow
Hi everyone, I have a question about Frank Gallinelli's classic What Every Real Estate Investor Needs to Know About Cash Flow. I'm reading his chapter "How to Estimate What an Income Property is Really Worth," with th...
Andrew Karpman
Capital Expenditures (CapEx) Estimation in Los Angeles
Hello All, Ever since I had realized that the 10% rule for CapEx estimation is not always a good estimate, I've done my own estimations as to how much money should be allocated for CapEx in the Los Angeles metropo...