I am doing a pretty big remodel project. Currently the house has a typical 1950's wood lap siding. It is getting a new roof, and full exterior paint job including trim. I want to keep the colors of paint and singles v...
Hello All,I am looking for advice on how to figure out CapEx when running the analysis on a deal. I have seen many different ways, but when trying to do it quickly I become quickly unsure. This seems to be the one ite...
For tax purposes, would a $600 roof repair on my rental property be recorded as a capital expenditure, or regular maintainence?
Hello! I am just starting my plan on getting my first investment property this year. If any of you could help me determine what kind of property damage I should avoid either because it costs too much to fix or it is j...
Hello all,I wanted to create this topic as a separate thread. This is in relation to developing a rough plan for a property during the first walkthrough.What specific areas of a home/building should one be on the look...
I am planning to open up kitchen a little but. the house is a brick ranch built in 50s. the joists run perpendicular to the studs I plan to take out. the red lines are the way the joist are running from one wall to th...
I found a multi-family home in the southern part of New Jersey that's in amazing condition and needs little work. The only problem is I don't know where to begin. I have a few ideas in mind but due to me not being a ...
Hello BP!
How does everyone estimate capital expenditure costs? I know it's the big ticket items but is there a general rule you guys follow to estimate it when a lot of information isn't available online (besides a...
I need your input for how to make the exterior of this house appealing. The house has potential, but needs some big improvements in the curb appeal area. There is some budget available for this, but not for anything o...
any suggestions on how to calculate a safe but not overly burdensome reserve fund for single family homes. How much should I put aside for emergency repairs.