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I haven't rehabbed a house yet, but when doing my math, I have found that tile floors, new cabinets, new windows, and new appliances are the most expensive.This is assuming that the air-conditioner and roof doesn't ne...
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Good morning, We recently got an accepted offer on a two family investment property and proceeded with our inspection the other night. During the inspection we found a few issues. Most significantly, the septic was no...
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Hello BP!Just finished a bathroom remodel that took waaaay tooo long, but I thought I'd share my experience. So I am house hacking a rental i inherited and one day noticed a puddle in the hallway carpet. I examined th...
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I have two 50 x 100 lots I want to turn into mobile home lots and rent out the lots. Looking for input on the process to setup and rent.
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Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
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Hello everyone.A tenant just moved in, says the water from the kitchen sink is blue and wants to test it for copper:"My water from my kitchen sink was blue this morning when I went to rinse a glass. It’s not remaining...
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I recently purchased a cabin in the Shenandoah Valley that came with an existing hot tub. I plan on having it inspected and serviced before our first guest arrives, however, I am soliciting advice from other STR owner...
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Hi,
I need advice regarding dogs in the rental apt. One of the tenants moved out and she left such a mess behind especially of the dogs she had. I just bought the place and inherited the tenants.
I don't want to acc...
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Hello,I am trying to wrap my head around the concept of depreciation. Let's say I upgrade my HVAC to replace old if install new condensation units worth $10000 just for the sake of numbers, how does it impact my depre...
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Hey BP Community,Question for the commercial multifamily investors out there. What type of insurance coverage are you using to protect your asset? What should I be looking for in a good insurance policy for a small co...