So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
I’m making an offer on my first long distance BRRRR deal. I had a verbal walkthrough of the house from a licensed inspector yesterday and have to make an offer today. There were limitations as the house had multiple i...
Can anyone guesstimate the repairs on a full gut single family 1,100 square foot house?
Hello,I closed on a property that I intend to rehab and rent out. SFH in a class B neighborhood and rent is $1000. It has 10 windows, and most of them are in decent condition expect that they don't open properly, or w...
I need to have a roofer placed, gutters/downspouts replaced, some general carpentry, windows, and exterior paint.
Can anyone recommend a great roofer and a good general contractor that can handle windows, paint, and...
What are some of the most important things to consider when you are walking through a property? What are things you love to see, and things that are deal killers?
My Fiancée and I bought a small multi family (duplex), REO, in our little town. We secured the home with a cash purchase, that we borrowed from a private lender. The strategy is to BRRRR this house, and pay the lender...
Obviously during the renovation process we tend to focus on functionality and cosmetic features. Looking at maintenance through the lens of a property manager what do you do when it comes to faulty windows, roof, and ...
Okay, folks here I go again. Supposed to meet a guy today about a house, okay house, had it just inspected for termites, which it has quite a bit of damage. Plus leaky roof and dilapidated porch from roof leaks. House...
I have an idea on how we might be able to acquire another duplex but would love some advice. Since I'm a newbie I'm not sure if this would work. Has anyone done something similar? We bought our first duplex. We are li...