Gary Freidman
Hard Data On Capital Expenses and Repair Line Items
Does anyone have any hard data on what annual capital expenses should be in the Midwest such as Indianapolis, Kansas City, Ohio, Alabama, Oklahoma, Nashville, Chicago, Memphis and the like? Before anyone points me to ...
Ben M.
How to determine life expectancies for each Capex item
How does one usually find out life expectancies for Capex items such as roof, appliances, heater, etc. What is the most efficient way to get this data? I suppose the home inspector may be able to provide most of this ...
Mike Lewis
Items to make note of in tenant occupied property
I am in the inspection period for a property in the Houston area that is tenant occupied. The equity is decent if the property appraised as high as the comps suggest, but seller did not rehab property to level requir...
Deadrick Colbert
Buyer asks for inspection report items to be repaired.
When a buyer asks for items on inspection report to be repaired, do you all repair them or negotiate which ones you are willing to do?
Karin Crompton
Can bank require list of rehab items plus receipts?
Hey all - I am livid today! Maybe you can either calm me down, or tell me I am rightfully enraged.
We have an FHA buyer for a rehab, and among the hoops we've jumped through so far are the requests from an in...
Henry Tsao
What are some Actionable Items for people starting out?
Hi All,I’m an aspiring real estate investor who would like to step into the Apartment Real Estate business focusing on either acquiring apartments and then fixing up the rental rate or acquire land to develop a new ap...
Frank Jiang
items to fix up before selling my first house
We lived there for two years and turned it into rental. Now I am going to sell it.I believe there are many people asked about the same question before, but I am still trying to debate whether I should fix up a few thi...
Jeffrey Osborn
Two Liens - Same item - Can I have One Removed?
I have two tax liens (state liens) related to unemployment from the past. These are related to the same account in question. One was filed in 2010 and the other filed in 2012 for overpayment. They apparently were u...
Michael A.
Can I write off sales tax on repair items
Would appreciate it if any investors or CPAs can answer my questions. I own a duplex in Ohio and live in CA. I own it under my own name. There were some repairs I had my handyman do that had a cost plus the sales tax....
John K.
General Use Items for Rental Property on Taxes/Accounting
It's my understanding that every asset needs to be assigned to a property, we have 7 rental properties, and buy things like a snowblower that we use at two multi-family properties. Do we split the depreciation and as...