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I was looking for some guidance on a stove replacement. This is in our first out of state duplex. We replaced a stove in one unit as it quit working. (Inspection photos from purchase shows the stove was 5 years old.)...
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Hi, I just turned over one of my units and the tenant called to tell me one of the bedrooms smelled mildewy. The room has a high traffic carpet that is going on 10 years or a couple more at this point. It's in overal...
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I found my first flip property. Will likely need a ton of elbow grease and some cosmetics, but I love the deal. Love it. Will require a 3 bedroom septic system. (Home is 1150 sq ft.) Anything I have ever heard or been...
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What’s your strategy to replace countertops while keeping vacancy time to a minimum?
I’ve only replaced the countertop in one of my rentals and the entire process took about a month. I’m trying to figure out how to ...
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Good Morning BP,
I have a question about reserve amounts. When analyzing deals, what do you budget for reserves? do you withhold a flat rate amount, or do you withhold a percentage of the gross rent? Currently I am ...
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I have a noisy outdoor HVAC unit at one of my rentals -- called a larger company who said my condenser was broken. Their quote:$2300 for a new condenser / all related installation$3000 for a new outdoor unit all in / ...
Hey everyone! I have two really grungy (though fully functional) baseboard heat-only thermostats, circa 1980. Similar to my previous question on Wi-Fi locks, what are people's experiences with modern thermostats? I've...
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Hello all,I am looking for a little advice. Our tenant put in a maintenance request with our property management company to fix the garage door. My husband and I were surprised when the estimate came back at about $...
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Hey everyone, I belong to a local REI facebook group which recently had a discussion about carpet, do you buy cheap carpet and replace every time a tenant leaves? Or do you buy quality and hope for the best when you c...
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Hii just changed the roof on one of my rental properties. it cost 18K and insurance paid for it and i only paid 1.5K for deductible. do i just depreciate the 1.5K on my tax return or 18K?