Hi all, loking for some input. Tenants are moving at the end of the month. They have been high maintenance and overly entitled to put it mildly. They have requested to be present for the move out inspection (which i...
Hi all,Looking for suggestions on a 1.5 ton heat pump replacement for 900sf condo. From my research (google), it seems I should be finding pricing close to the $3k range, but so far two quotes have come in ~$5,600, a...
Can someone please tell me if this what I think it is (asbestos pipe insulation)?If it is, does it HAVE to be removed if it is in the garage and the garage is off limits to the tenant?Thanks, Nate Z.
Need a new water heater and a 50 gallon is the biggest that will fit in my rental. Can't install a tankless due to weather and elevation (according to mechanic). He recommends installing a three way mixing valve and c...
Hi BP,So I have an opportunity and am trying to decide what the best use for the space would be. Below are some of the numbers, I'd appreciate any advice on how to go about the conversion and also which scenario look...
Hi all,I made an offer on a property and the sellers agent just informed me that when the garage/storage unit was converted to a 2 bed one bath apartment the owner never pulled a city permit on the construction/ renov...
Good Morning,I live in New York, I am looking to move out of state. I have maybe 3 or 4 states in mind, I am trying to see where I could move that would be the most cost efficient for me. I would like to maybe buy lan...
I purchased a property from my dad 2 1/2 years ago. The tenant had already lived in the property about 8 years prior to my purchase. I have had to fix a few things but tenant pays every month, on time. My dad did not ...
Hi BPers,
I saw an accountant state that [b] rental property maintenance expenses
for plumbing repairs and painting may have to capitalized and depreciated over x years instead of a straight expense[/b] in the ye...
We still want the house, we were told 1st buyer was disqualified. We resubmitted our offer and are waiting to hear. but is there anything more we can do? The bank put the house back on the market.