Brandon Low
Does it matter how old a house is if its completely rehabbed?
As the title says... Does it matter how old a house is if it has been completely rehabbed? For example, lets say we have 2 houses:House #1: Built in 1950 but has all major items rehabbed like roof, plumbing, electrica...
Ian Broadie
Am I crazy for wanting to tear the roof off this Duplex?
Hey everyone! I've been working on buying a duplex for a few months now (crazy I know) and I'm coming down the home stretch, but when I brought up my plans to my frugal fiancé she thinks I'm crazy.Here's the deal: usi...
Diana Tran
Seller Has Counteroffer, How Should We Negotiate?
THIS WILL BE OUR FIRST HOME PURCHASE (3 CO-OWNERS). WE ARE REMOTE BUYERS. THE SELLER HAS A REPAIR COUNTEROFFER.We're not sure how to proceed, any advice would be greatly appreciated.
About the house: It's in Tampa, a...
Ron Singh
neighbor want to replace fence, no issues with my fence
Himy neighbor contacted me with his plans to replace fence , however there is no issues with the fence common to my and his home, and I don't see any reason to spend unnecessary 3k to replace something which has no i...
Rivy S.
Sewer line replaced, now freshwater leak??
I have a rental property here in DFW that had sewer backups several times in a row about 6 months ago. I had a plumber camera the line and it was completely corroded (this was 2 months after I bought it). I coughed ...
Chris Maudlin
Insurance coverage on external water pipe
Hello BP Community! I recently purchased my first SFH in January, have a tenant that moved in at the end of March and was excited to get my first check from my property manager for the April rent, until I received a ...
Elizabeth Woolf
Depreciation and 1031
Someone gave me some advice that sounded too good to be true so I want to verify. If I own a home for 27.5 years and have taken the depreciation expense every year, then I sell the house (for easy numbers let's just s...
Pamela W.
Handling tenant requests
I rent a 1000 sq ft ranch built in 1969, inherited from my father two years ago. Prior to renting it, I had the boiler and septic systems inspected and found to be working well. My first year tenants had no issues, on...
Wesley Myers
Insurance options for older STR homes?
A week out from closing on our 2nd STR I discover that our cheapest insurance option is going to run about $7600/yr. The second highest came in around $14k. This killed the deal so we backed out. Multiple companies ca...
Cory Benhardt
How much capex is too much?
I own a 4plex that cash flows $795 with 10% vacancy, 10% capex, & 10% repairs included. It feels like ever since I bought it, it's been a capex nightmare (roof, two heating systems, replacing gutters, etc). I dont...