Jon Dang
Buying a quadplex with an old HVAC system? Homewarranty? Advice
Hello BP Family,I have found this quadplex that looks like a great deal. This will be my first deal that I plan to house hack and acquire via FHA. Numbers work out at ~$600/month in cash flow after all expenses. Savi...
Carlos Ptriawan
replacing HVAC with AC window/wall unit in Birmingham,AL
Hi, my HVAC in Birmingham AL got stolen. Is it doable to replace the HVAC system with just windows/wall AC unit ? The quote I receive for 2.5ton heat pump system is around ~5k. Pretty expensive. Not sure what's the al...
Benjamin Williams
What do you look for when hiring an apartment maintenance tech?
What kind of person would you look for when hiring an on-site maintenance guy for an apartment complex? Would you train someone with no experience? I’ve got an interview for a maintenance worker position at an apartme...
Hugh Hartwig
What would make this a deal?
Some friends of mine are planning to sell their house, but haven't done any repairs or listed it yet. The house is in pretty good shape. I mentioned to them that I may like to buy it as a rental and they are intere...
Sarah Byun
RE: Tenant complains about not getting enought heat.
We purchased a 3 unit investment property less than a year ago.We are now running into some hurdles.Heater was not working beginning of spring so we decided to change to gas heating from oil heating. (It costed us $6k...
Chris Hughes
How to tell tenant they are losing deposit...
Hey all! Been a while since I posted on here but I did have a quick question...My tenant has neglected some routine maintenance on the home I rent to them (has not been changing the A/C filter) and this has directly ...
Nic S.
Buy or pass? Duplex in KC
I'm under contract on a Duplex in a B+ neighborhood in suburbs of KC. This is a buy and hold property. My RE criteria is $200/door + 12% CoC. During the inspection we found significant CapEx items that need to be repl...
Sean Britt
Help Understanding Depreciation and Improvements
I am trying to understand how depreciation is calculated with respect to improvements. Please correct me if I am wrong, but my understanding is lets say I have a property I purchased at 200k. Lets say 50k is the value...
Lyra Gray
Old House Money Pit! Help
Hello everyone,
New bigger pocket member here and am looking for some advice. We bought our first investment property back in November that was built in 1900.We bought it to use as a rental property and as a buy and ...
Cal C.
Don't forget to have a cash reserve!
One of the most important things you will need when investing in real estate is access to readily available funds to make emergency repairs. Emergencies will happen and often at the most inopportune times. These ...