I was wondering if anyone factors Replacement Reserves (i.e. potential future CAPEX repairs) into their CAP Rates when doing a property analysis? As many of you know a CAP rate is Net Operating income (NOI) / Purchas...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1095784/small_1695663184-avatar-joes416.jpg?twic=v1/output=image&v=2)
Hello all, In closing right now for an old duplex, one of the issues that worries me is the house was built originally in the mid 1800's and although has been renovated many times I know it had Knob and Tube electric ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/373076/small_1694691114-avatar-stii3.jpg?twic=v1/output=image&v=2)
I've done one 1031 exchange about 20 years ago and used an intermediary. The whole process was completed within about 40 days including identification and closing. That's the very limited extent of my knowledge.What ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1672011/small_1621514662-avatar-marcelej.jpg?twic=v1/output=image&v=2)
Hey I am trying to see if I should buy a washer and dryer with coin slots and charge my tenant or not or just don’t buy a washer and dryer at all but I will be occupying the downstairs apartment myself and kinda don’t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/166789/small_1694554623-avatar-johnlupo.jpg?twic=v1/output=image&v=2)
Hi Biggerpockets Community I was wondering if anybody has used or is using NRIG for their multi family properties, I received a very low quote that seems to good to be true, I have a fully paid for property in Lo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2682065/small_1704993601-avatar-frankb298.jpg?twic=v1/output=image&v=2)
A friend recently asked me to compare two Houston zip codes, 77008 and 77063, from an investment perspective.
Now, I'm a big fan of Texas but the first thing I said to him was the weather is HORRENDOUS. Anything simi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/350972/small_1621446005-avatar-jdm3.jpg?twic=v1/output=image&v=2)
For those of you who are running (or have a PM and know what they do) an STR, what exactly do you clean between tenants - especially when you have the single day check out/check in turnovers? Do you clean all of t...
Home title theft — a crime where someone steals a homeowner's identity to take ownership of a property — leaves property owners, like Gordon, without many options for quick reconciliation. And it's been happening with...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1407670/small_1621512002-avatar-bonniew14.jpg?twic=v1/output=image&v=2)
I am closing on a vacation rental in the next week. This is a BRRRR property that will be used as a vacation rental. It is very out of date and will require a good amount of cosmetic work. What criteria do you use to ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1409718/small_1621512020-avatar-johnc1025.jpg?twic=v1/output=image&v=2)
I have a property that has been on the market for a while. I finally found someone interested however she is worried about her kids allergies with the existing carpet (used upstairs only, downstairs is all wood or til...