The dreaded compressor death on an old AC unit is forcing me into a full system upgrade. It's a smaller condo that uses a 2 ton unit. I'm sure the quote to replace will come in at $5-6k. I'm thinking about buying a un...
I need to replace the 2 old toilets. I measured the rough in as seen below. Seems that I need to buy the 14 inch rough in toilets (which is hard, because only few models are available at Home Depot and Lowes, since th...
Is there a way to legally factor in valid selling expenses like painting, carpeting, new appliance, etc which were paid prior to escrow to reduce the net amount of property you need to replace as part of a 1031 exch...
The key to RE investing is having equity in my opinion. Buying below replacement cost in a growing market is a strategy that I hear many blogs and REI gurus talk about.For example, I heard somebody say, "You want to b...
Cousin in NY is selling investment/income property (detached 2 fam) but in the mean time, found a replacement investment property (detached 2 fam) wants to close on instead of having to wait on closing on the old prop...
Last time I sold one and bought two replacement properties, and that worked out great for cash flow and appreciation. Went from 10K a year cash flow on a paid off property and 30K a year appreciation to 170K appreciat...
I just sold a SFR in California Central Valley and have proceeds sitting with a 1031 qualified intermediary. California is too expensive to buy replacements. Which state/market should I look into to buy 3 properties (...
I just sold one of my rentals that was in a single-member LLC but kept the mineral rights to the property as I receive a small income from the mineral rights. I would like to change the name that the oil and gas compa...
I have a property I'm looking at, and if I win the bid I'll be under a 203K to either completely renovate the roof and furnaces, both of which are okay but probably have a 3-5 year lifespan. The property itself would ...