Mitch Hill
First time rehab to rent.
Bought a 3/2 1350 sq ft in Nov 21 as my second investment rental property. I'm a recent retiree and I started the rehab in December and did as much as I could myself. Purchased for $181,000 and estimated $35k for the ...
Kerry Baird
First fire at one of my rentals
It finally happened...tenants experienced a fire in the garage of one of our houses. Thankfully, everyone is safe. There is smoke and water damage to the house, damage to sheet rock, smoke in the HVAC system, water ...
Dan Perrott
Fireplaces in rental houses
I am looking at a couple of SFHs that have fireplaces. I was wondering what people's experiences and issues with a fireplace in a rental unit. I am not sure if it is a good idea. Are there issues with insurance? ...
Steven Booty
When Some/All Bedrooms Lack Radiator
Lately I've been walking through houses that have strange (by modern buildings) heating arrangments. One house had only a firebox in the kitchen while the 2nd floor bedrooms had nothing. I just offered on a duplex tha...
Percy N.
WANTED - Your design Input on 1950 Ranch
My latest project is a cute little ranch in Elkins Park, PA (just outside Philly). For a little context, the property already had quite a new upgrades when I purchased it. We are simply planning to update the bathroom...
Chris Taylor
Wood burning fireplace insert
We have a rental home with a fireplace that was deemed ‘not functional’ because the firebox was rusted through. We put in a wood burning insert and it was pretty expensive. Is this tax-deductible? Much thanks!
William Kehler
Chimney Replacement - Dallas, TX
I have a single family investment property in Dallas, TX. Brick chimney, metal firebox and flue. Chimney is pulling away from the house (bottom 8') and leaning over the roof at the top. I could only find one chimney c...
Dustin DuFault
Rental Fireplaces & Inspecting a Foreclosure Acquired Fireplace
Team BP,
Just had this come up with one of my tenants. In retrospect I should have foreseen this coming... but missed it. I acquired a property last year via foreclosure. It required some renovations due to d...
Amit M.
Some FIRE blogs under “fire” for self serving & deceptive promos
People need to be aware that some FIRE (financial independence retire early) blogs have come under “fire” for self serving and deceptive promotions that serve their interest while potentially taking advantage of their...
Francesco Gomez
Post fire fix and flip. What should I be aware of?
Came across a good opportunity.
Property had a fire destroying the back corner.
Needs:
-plumbing
- electrical
-trusses where fire was
-roof
-everything cosmetic
Looking for advice on some questions/concerns I...