I will be replacing the roof on one of my rental properties this summer. The question is can I expense is all this year or do I have to depreciate it? I ask because I've heard both sides lately. The normal consensu...
I ran into a 10 unit lead in my local area of butler county in an D area. Asking price of 125k. Fully occupied HUD housing. Current gross income 5k. Potential to increase to 6-7k. The owner has owned this property for...
Seeking out some feedback from this highly experience community. I am looking at a SFH and some of the items listed in Inspection report will require repairs but seller is not willing to perform the repair work. We ma...
Hello,I have been keeping my eyes open for a cash flowing fourplex in my area and price range for a few months and recently a few properties of interest popped up. I am using a VA loan/lender and met with a realtor o...
Hey I have someone offering me a SFH for a great price, but the only thing is it needs a completely new roof. whats the average price to repair a roof in N.J?
P.S have some patiance with me im very new to thi...
This is my first time purchasing a multi-family home. I made an offer 20k below listing price. After inspection it turned out that many places need to repair: roof, electric panels, foundation... After negotiations th...
Hello All!Does anyone know of any existing apps that can at least give a rough estimate of carpet, tile, wood flooring, roof, paint, sheet rock per sq ft?It doesn't need to be exact and I realize the quality and quant...
I'm looking to buy a rental property in a section 8 neighborhood. The house needs paint among other things. The house is advertised with a new roof, however they put new shingles on the roof but the underlayment looks...
Which is better? A fourplex for $350k or 3 duplexes for $110-$120k each? The fourplex is in a better location and would appreciate much more than the duplexes. The duplexes give me more doors and more cash flow. I cur...
Hello all,
I do inspections with a PCA report included for multifamily companies in Austin, San Antonio, Corpus, and Midland, as well as the outlying areas inside Texas. My fee is based on unit count and accessibly a...