Mike Russo
Who Pays - Tenant or Landlord?
Hi all,I am trying to hammer out the repairs and replacements a tenant is responsible to pay for as well as my responsibilities as the home owner. I have been reading on BP and the answers are all over the map. Will y...
Stephen Hundley
Supply appliances but not service them?
We have middle class to upper class rentals ranging from $1,000-$1,400/m. We find our houses rent faster when refrigerators, washers and dryer are supplied but that also means we've had to fix them when they break. Do...
Jack B.
$3,500 quote to replace 1 AC part, $450 an hour labor???
Quote I got from an AC company here. To replace a low pressure sensor that is under warranty. They want $500 an hour for labor. WTF??To add insult to injury, every company I’ve asked for a quote based on the quote I g...
Joshua Mitchell
Where do you buy appliances?
Hello, I just bought a duplex that needs updated appliances such as fridge, gas stove, and microwave. I would like to upgrade them to stainless steel and wanted to know where you shop for these items? It’s easy to go ...
Charles Steele
Tricks/Tips for finding fairly cheap replacement appliances?
Currently looking into purchasing a 3 family property. It’s being sold as is and looks as if the appliances (stove/oven/refrigerator/washer/dryer) are about as old as the house (alright, maybe not that old but still.....
Philip Sriployrung
HVAC Inspection - how thorough?
Hi there,Recently had a tenant move out, did inspection and minimal rehab.Two months later, new tenant is placed and when the technician goes to check the HVAC, it turns out it’s busted and needs replacing.Here’s what...
Abby Link
Utility Expenses for a quad
Hey everyone!I am in the early stages of real estate and am currently trying to learn how to analyze deals. Right now I am trying to figure out exactly where all of the expenses come from.When I watch videos on analyz...
Account Closed
I disagree with my accountant on interpretation of the de minimis
I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...
Keegan Darby
Window A/C units or central air
We have an offer in for a MFH with window a/c units. The MFH was built in 1934. Would you leave the window units, or pay the $6k+ per unit for central air? The tenants currently pay all utilities. The units rent at $7...
Debbie Rumsey
Organizing the stacks of papers!
I am in serious need of PAPERWORK help! We own 20 doors and I have no problem managing them myself, however, the paperwork is out of control! Does anyone have a system that they use that, for instance, when you need...