Elijah Withers
Sensible estimates for maintenance and capex on a new building.
I’m looking at a 4-plex that is new construction. What sort of numbers should I be using for maintenance and cap ex so that I make sure the investment stays profitable as it ages? Is there a rule of thumb as far as p...
James Maher
Actual Cash Value vs Replacement Value Insurance
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...
Ida Powers
Window installation advice needed on live in flip
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?...
Dane Gullakson
Replace roof prior to tenant move-in?
Hello!My wife and I are purchasing our first investment home so I am interested in some advice. The home itself is a 3/1, 815 SF and it has a simple, low pitched shingle roof. The roof is nearing the end of its usable...
Kevin R.
Which inspection findings should I ask the seller to pay for?
Hi everyone. I just had an offer accepted for $230,000 on a 2,550 sqft triplex in Philadelphia which was built in 1925. The inspection turned up the following issues. Which of these do you think I should push to have ...
Cara Lonsdale
To Have A Home Warranty Or Not? The Debate
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...
Mike Young
Tenant issues are frustrating me.
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 ...
Diana Astilla
Can I use a 1031 Exchange to buy another property for cash?
Can I use a 1031 Exchange to sell my rental property and use the proceeds to buy another rental property for cash without incurring capital gains tax?
Jason Kim
How To Determine If Kitchen Needs New Cabinets Or Just Fix'em
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...
Dina Harleth
Type of insurance for primary residence that will become a rental?
Hi everyone,
My father recently gifted me the house I grew up in, and I found out that there is no insurance on it. I am trying to figure out what type of insurance to get given that I am currently living in it but...