hi -- i've got a rental property I purchased this year -- I know for depreciation I have to pull out the land value -- is there any set way of doing that? can I just estimate about 20% of the purchase price?
I just bought a 4-unit apartment building. Landlord pays for water, tenants pay for power. There are 4 water heaters for the building.I found out that the washing machine is hooked up to one of the tenants water heate...
I just paid $12k for a 12x10 redwood deck. No pergola, no steps or railings. Yes they took down old 14x14 deck and pergola, and hauled away the hot tub (for an extra $1800). No stain. That was an extra $2600. I've bee...
I need some help trying to figure out how to look at this property. I need somewhere to live and I want to house hack. I've been looking at duplexes and found one I like. Purchase price 107000, taxes 2800, insurance 9...
Hello board,I'm writing because I need advice in comparing 2 condos for purchase. One of these will become my primary residence. They both need some work done. Here are the details :Unit A:58000New hot water boiler...
Hello,I just purchased a 2 family house in the Bronx. It currently has one gas meter but electric is already divided between the 2 units. I would like to do the same for gas. I am getting a quote for approximately 10k...
I just had an idea, wondering if anyone has done this (or if you even CAN do it).
In the industry I work in, its pretty common to have remote monitoring devices for all sorts of things, ie: temperature, water flow, e...
Hi BP,
I have a 16 unit apartment building in a small town in Michigan with municipal water and sewer. The town charges a flat rate for water and sewer and does not offer the option to have them metered. The flat rat...
Hey guys just looking to get some insight on a deal I am considering. New investor looking to do it right the first time. I have a lead on a lot in a well established residential neighborhood. This lot includes a foun...
Hello folks,After at least 2 years of sending a repair guy to fix the faulty washer and dryer we had in our apt, the landlord agreed to replace them. Unfortunately, they sent the repair guy to buy a used combo and he ...