Todd Lastname
Purchasing an abandoned house
I found a property that I like (purchased to rent or possibly live in). It is being foreclosed on and will be auctioned at the local courthouse. I purchased a title report and have been combing through the county reco...
Kumar Gaurav
Impact of upgrades on tax/depreciation
Hello,I am trying to wrap my head around the concept of depreciation. Let's say I upgrade my HVAC to replace old if install new condensation units worth $10000 just for the sake of numbers, how does it impact my depre...
Deb Sala
Seller didn't disclose leaks
I recently purchased a town home in Florida. I called a handyman to do a few jobs and he mentioned that he painted my town home last summer. He showed me a spot above the garage door where he proudly told me it took h...
Andrew Bourgeois
HVAC Replacement
Hoping some of the Greensboro/High Point, NC area members can point me in the right direction to get the HVAC in one of my rental homes replaced at a reasonable cost, for a reasonable unit, on a single zone 1900 sqft,...
Bobby Zandate
100% Cash purchase using HELOC
Hello fellow BP Members...I'm hoping to get some opinions on this deal I'm interested in.
Just a little background. I have a HELOC for $175k which I was planning on using for 100% of purchase price+closing costs+reha...
Jake Silverman
Jersey city contractors for rehab
Hi BP community,
My wife and I just bought a multifamily for a househack in the Heights section of Jersey city. We are thrilled to start living in our home but it needs a lot of work. The inspection came back pretty ...
Nathaniel Hitchcock
Ensuring new electrical is up to current NEC
Hello all! I recently purchased my first home and I am trying to ensure that it is up to current National Electrical Code standards. I’m noticing that most places I look that the price of the book is about $129 which ...
Albert Yamoah
Auctions and setting limits
When purchasing homes at foreclosure auction, investors/end users are not able to do due diligance until after purchase. Is there a formula (along with fervent prayer) for setting limits to the amount one will bid on ...
Brandon Wong
Cost of 2 Ton AC + Airhandler install price Comps?
Hello everyone,Trying to repair an AC unit with AHS and it's a huge PITA. The contractor working with me said that AHS will reimburse only 2.5k if I decide to replace my system. The price they're quoting me sounds sus...
David Alvarez
I want to start a Manufactured Home Park.
What are the regulations for Manufactured Home Parks, seems like such a basic deal, get land provide access and utilities and charge rent.
What am I missing?