We are in the process of making an offer on a house built in 1959, 2300 sq. ft that needs rehab in Dallas. The inspection report noted the electrical panel in the master closet and aluminum wiring. Does anyone in th...
I recently came across the company Replace Your Mortgage. They advise you on HELOC products, banks that offer them and strategies to pay off your mortgage quickly and to invest in real estate with other products tha...
Hello BP,I have a 20 year old single family in Indianapolis that has a problem with the outside AC unit. I received a quote to replace the unit with a used one for $920 or replace it with a new system for $2940. We h...
Hi all,Replacing a 20+ yr old OIL heating system with a GAS system. Current section 8 tenants pay $2100 rent...plus utilities. My first question is do I pick a good, better, best system that costs from less to more $$...
My GC just notified me that the Baltimore City electrical inspector wants him to install (a) hard wire smoke detectors, (b) GFIs, and (c) replace electrical wiring in the entire two-unit building. The building is old,...
Hello all,New to BiggerPockets here - and wanted to get some thoughts on whether or not to replace a roof during the rehab of a flip. Comps in the neighborhood are around 150-170k. Here's the issues with the roof:1....
For 1031 exchange, let's say you buy a replacement property that appraises for much more than the purchase price. Can the difference between the appraisal value and the purchase price count towards your cash replaceme...
Hello BP family,Just a quick question...When you put a new roof on, can you recoup that cost at the refi?In other words, the duplex I bought was $45k.A new roof, 2nd floor floors and kitchen ran me approximately $16k....
I bought a SFR on 9/10. I've had guys out to quote work. Today, the termite guy is at the house telling me the lockbox code is not working. I haven't given the code to anyone else, so I ask if he is sure he's at the ...
Hello everyone, new to forums so I'm not sure if this is the right place to post but hope it is! So here's our dilema- we have rental property in AZ which we are wanting to sell and do a 1031 exchange on it- but now i...