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Are there any kind of formulas typically used when determining if you want your landlord policy to cover replacement cost vs actual cash value?I am looking at 6 properties right now. On some of them, my purchase pric...
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Can a seller, that owns a property outright, seller finance a property, and still get the tax benefit of a 1031 exchange?
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When doing a 1031 exchange do you need to sell the first property fits or can you buy the new property and then sell the first one and still qualify ?
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Bought a house for $225k and sold it for $425k so roughly $200k in capital gains. I did a 1031, 5 months ago, and identified $800k worth of properties (200% rule) Looks like I am only going to be able to buy either ...
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I'm buying a duplex in PA and the general inspector was quite shocked with the electric wiring in the house. Exact words:"Fuse boxes present for main services. This system creates a hazard with exposed electrical con...
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I lived in a unit while I rehabbed it. Electric stove/oven was not new but in good working order. Tenants in two weeks and say oven is not working. I sent out a repairman who checked burners, oven and broiler and all ...
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Hello all,
When rehabbing the house and sell it to retail market kitchen cabinets can cost some money, but fixing and reusing the old cabinets can save a bunch from what i read. Can alot of cabinets(not the ones tha...
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Hello BP! I'm in contract with my first property and wanted some suggestions on the kitchen. Is it a good idea to keep the cabinets/countertop and just repaint? or Should I just replace the whole thing? It looks like ...
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Do you have a home warranty on your property? If so, what kind, how much did it cost, and what does it cover?Also, at what point does it not make sense to have home warranties on your properties anymore? Do you meas...
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I am doing my first live-in flip and all the windows in the house need replaced. I've received 5 quotes now but there all from the bigger name brands and the price is high. I need advice. What do people here on BP do?...