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I am looking at many deals where the condition is very sub-par and the rents are accordingly far below market. I know that I have to do improvements to the units to raise rents to market. At the same time... I have to...
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I'm finishing up a Buy, Fix and Hold deal and about to put the property in service as a rental. This question is for anyone with bookeeping/CPA experience. I'm sure it's a basic task, just one that I've never done a...
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Hello,
I want to convert my own home to a rental in 6 months. What are the main areas for improvement that you would focus on in preparing your property for tenants? I'm in a pretty hot rental market, but I'm plannin...
Hello,
In 2018, I had a contractor do a substantial home improvement project to my town home ($29k worth). The project included replacing the roof, replacing all windows, and installing aluminum siding to the exteri...
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Hello,I have a single family rental, the city will allow me to build a detached garage with an apartment above it and convert the property to a 2 family. The property has a 250k mortgage (4% Apr). and is worth around...
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These articles are from the June, 2016 Consumers Reports magazine. Thought they might be helpful.http://www.consumerreports.org/home-improvement/home-renovation-without-aggravation/http://www.consumerreports.org/home-...
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Hey all - I'm getting an appraisal done on my apartment complex this week and I'm wondering if anyone knows: Will an appraiser include the "CapEx" in the valuation? Like, I spent $25,000 replacing the siding on part o...
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Hellow BP'ers, One of my units has a room that has windows that will not close all of the way that we need to replace. I am hoping to have them replaced before it gets too cold, but am wondering whether I would count ...
Hi all,Thanks in advance for reading. Hoping to get some info on ideas for getting money out of my primary residence so that I can improve it.I purchased the house for $1.75M. I put 20% down at time of purchase. The h...
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Hey y'all,I am new to this real estate investing stuff and I am trying to create a plan to move forward. In my planning I identified a question that I can't really find the answer to and I was hoping y'all could help....