Michael Andrews
Reserves on first MFR
I am under contract on a 12 unit MFR and trying to more accurately estimate reserves for maintenance and capex. I am tentatively planning to buy-and-hold the property to build up the downpayment on the next property ...
Ben Leybovich
Appliances for 98 Units
Hey, guys!So I am having a bit of an issue with appliances. @Sam Grooms and I closed on a 98-unit a couple of weeks back (there's a 10-page thread about it here). We are looking at a $1.4M rehab, and so far the biddi...
Justin H.
Need tax help with duplex, Schedule E and 4562.
Hey Guys,
I'm pretty well versed with doing my own taxes, using turbotax or whatever.. I have the 2008 home and business edition here.
This year I bought my first house, a duplex. I live in the lower, and the uppe...
Joshua Lafferty
Washer and Dryer responsibility
I inherited a tenant/lease.I am renting to a nonprofit, that places one of their patients in the rental (1 BR bungalow).There is a washer and dryer in the unit, and apparently there is something broke with the washer,...
Dale Gwynn
Apartment unit renovations
Hi guys,I am courious, If you had to totally renovate and apartment unit, that just basically has walls. 850 square feet 2 bed 1 bath... what would be a good rental ready cost?? $5,000? paint, carpet, appliances, ect,
JonPaul Kessinger
Maximizing Appraisal Value vs Only Increasing Perceived Value
As a new investor undertaking my first BRRRR project, I'm seeking advice on raising the appraisal value of a property without overspending on improvements that only enhance perceived value. I've encountered conflictin...
Luther Johnson
Refrigerator repair
I had a tenant call about a refrigerator repair. I called a repair technician who did the repair for a couple hundred dollars and I paid it in February. I decided to check the lease agreement for this property a co...
Peter Fokas
repair oven - who is responsible?
Recently purchased an investment property in Newark NJ that had already had tenants living there that are MTM with no documented leases. We have not sorted them out yet in terms of getting them on signed leases yet b...
Jake Jaenicke
Local Material Supplier Request!
Hello BP Community!My girlfriend and I are in escrow on our first property! It is a SFR with a 700 SF guest house and a detached two-car garage. The guest house needs new flooring, entire kitchen, and a fresh coat of ...
Yesh Ravi
Townhouse vs SFH evaluation
First time investor here. People experienced with townhomes and SFH, which one do you consider to be good for buy and hold (and cash flow of course).
I'm evaluating this for NW Indiana.
Townhome
New construction
1...