I am new to REI and want to know what do you budget for capital expenditures, and maintenance for a house that is newly built?I’ve read 5% for Capital expenditures, and 10% for maintenance. In your experience do thes...
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Hi all,
Just curious about what to do for my AC/Heat Pump that I purchased 10 years ago and depreciated over 27.5 years that i needed to replace this year. Am i able to expense the remaining undepreciated amount dur...
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Hi all, I just bought a new house in PG county, Maryland that needs lots of renovation. Particularly, I want to change a former morning room (which does not have foundation) to a master bedroom (which requires foundat...
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How should I prioritize the work for this commercial building to get more for rent? Here is a list of things that need to be done:
1) stucco and faux stone sidings building to make it look new (not sure about cost?
2)...
I have a property that I am looking at. I am looking to both Live in and eventually flip several years down the road. It is in a neighborhood that I am trying to invest in. I am dealing with the REO agent directly....
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I will be a remote landlord. I stay in a different state from were i purchased my property. So i will have to hire a good property manager who i can trust to run ship. @Eric Fernwood referred me to " Golden West" p...
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Hi guys,I would like some advice. I have a duplex that I am remodeling. The basement is down to studs and I want to come to a decision on the HVAC. Currently the entire house is on an electric forced air furnace. I wa...
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bought a house with 1800 sq feet 4br 2 bath on MLS and tax records. The garage is enclosed and basically a bedroom, there is HVAC lighting closet , separate door etc, but no window. I want to install a window and have...
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Hey guys, I own 45 units, mostly small multi family, so I’m very accustomed to dealing with AC drain line clogs, backing up, drain pans overflowing etc. I basically keep a shop vac and fans in the back of my truck at ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in North East.
Purchase price: $56,800
Cash invested: $78,000
130 year old, 2 unit townhouse needed total renovation. Interi...