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For buy and hold investors out there, how do you guys think about appreciation and how do you factor it in to your buying and selling decisions, if at all? What key factors do you use to measure the potential for appr...
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Hi all,I am currently in my inspection period on a 9 plex and I did my walk through and inspection earlier this week. The property was advertised as “plenty of room in the price to make necessary improvements”. And I...
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Is the $3600 I just spent to fix a broken sewer pipe a repair to expense all this year or a capital outlay to be depreciated? This cost includes snaking, excavating pipe, and repairs to pipe. I would think it's an ex...
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So I have a student rental (Temple University) with 3 young men living in a 4 bedroom/2 bathroom house. I've been managing this rental with them for the past year and a half. They are good nice kids, but they don't kn...
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Does anyone have a template of a repair sheet they use in Houston Texas I would highly appreciate it
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I have a property under contract to sell and the tenant just contacted me about a sewer pump issue. Turns out it was caused by the tenant and is her financial responsibility per the lease. Expecting that it is unlikel...
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I'm under contract on a home (primary residence) that needs major work to building systems and updating. Part of my realtor's recommendation was to offer asking price plus $20k to be given back to us for the work. The...
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Hey all,
I am interested in purchasing a spot in Knoxville area and was wondering what the status of AirBnB is in the area. What are the laws like? Is it profitable or do most folks stay put their money around the Sm...
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Just in the last month, I've had:A slab leak at one property.A rat chew through a PEX line at another property, flooding the house.A crumbled pipe shutting down drainage at another property, requiring a partial repipe...
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Hi yall, should I consider tax bills, closing costs, and other encumbrances as a repair when doing "arv - repairs" or do I include it into the purchase price, once I got the property under contract? I appreciate your...