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.)...
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...
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...
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 ...
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 ...
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...
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 $...
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...
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?