I have 20 tenants in 7 buildings/condos in NYC area and am looking to streamline my appliance acquisition/purchase strategy. These things tend to break from time to time and I was wondering if people here have develop...
1) If the carpet's already old enough to need replacement within the next year, would you deduct carpet damages from a tenant's deposit?2) How do you calculate the "reasonable wear and tear" on carpet (or other assets...
It's a $2900 sf. duplex. I do have the option of just replacing the 10 pane windows which I got a quote for $2,000 just for glass replacement. I feel like I'm getting raped. Urggh! Anyone with replacement window ...
Would appreciate thoughts on our latest Brrrr property. We're putting in a brand new kitchen and I'm on the fence about replacing the range and fridge since they're in good shape...only issue I have is they're white....
I've learned a few money saving ideas over the years mostly from @J Scott. These include using one paint color for all houses whether flips or rentals, ordering carpet considered "seconds'," buying at the pro desk ...
Took a call yesterday from a local investor. She is looking to "unload" some units. The problem - she wants above market prices...:)And here's how this happens:She owns a PIG. Translation - a building similar to the o...
Hey guys appreciate the insight and help. Got into my first flip and just started the rehab work. The roof of the home was redone about 5 years ago so no issues with the roof. In the original plans for the fix, the ro...
I've been buying the 9 year water heaters lately from Home Depot and have been thinking about purchasing the 12 year heaters from now on but is there really that much of a difference between a 6 year and a 12 year oth...
I'm trying to decide within the next day or so if I should repair or replace the hvac in my rental. Here's all the details...-Townhome, 2 bed 2.5 bath 1600 sq ft. There are 2 HVAC units, one for upstairs and one for d...
I'm selling a rental property for $550k and holding $130k in seller financing for 1 year with a balloon payment next year. I bought the property for $80k. My questions are these:
1. Would I need to buy replacement ...