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A cost segregation study was performed on this apartment building in Knoxville, TN with a depreciable cost basis of $17,323,250. The property is 4 stories and 93,542 square feet and was constructed in 1989. The proper...
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I just closed on a 2 bedroom 1 bathroom single family home which I bought as a rental. It doesn't have a refrigerator or stove.
My question: Should I buy a used(habitat for humanity store) or brand new fridge and stove?
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The power went out at my house this morning. No big deal, we were planning on walking to school anyway. On the way back, we passed a neighbor, who couldn't take her kids to school because her car was in the garage. We...
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Where do you usually shop for appliances to get the best deals? I was just at Sears Outlet, not bad, haven't tried the used appliance stores yet. For washers and dryers I have had good luck buying cheap from CL, ...
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A property management company recently advised me to remove the washer and dryer in my rental stating this is more of a liability. If any damage is done to the washer/dryer or damage to property from washer/dryer, I a...
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We may be purchasing a building which houses hispanic tenants. We have never done this before.
Besides the language barrier, are there other issues? For example, how would you deal with leases to tenants who can't rea...
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Whats your position? Replace things before they break (proactive) or don't fix what's not broken (reactive)? Also, when do you know if something is nearing end of life? What's your average life span for the following:...
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I recently read a lease with that included this clause: "If any appliance cease to function, we may or may not repair or replace the appliance at our discretion."
Do you have this clause on your lease AND is it allow...
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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...
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Hi folks, I'm securing a vacant property for the winter, this will be my first time winterizing a property. The gas service has been shut off and the meter removed. I'm now waiting on the city to cut off the water ser...