Hello...I purchased my third property today for cash, and was looking for some advice from some of you with more experience.The previous landlord had the electric updated outside, but inside it has an aging pacific el...
Good morning,
Thanks for taking the time to read this and help me wrap my head around this.
So with the recent legislation, my understanding, is that there is a 26% federal tax credit for the purchase AND installati...
Hello BPers,
I'm planning some repairs on a rental property that I'm closing on next week. Went for another look this week and realized the downstairs unit doesn't have heat in the bedrooms. So I'm considering the...
My partner and I have been talking about becoming landlords for well over a year now. It was always sort of an “idea” in the back of our minds but then sometime in April we became really serious about it. We started l...
Hey thank you for all your help. I have a detached garage that has an apartment in it and I’m looking to get it submetered. Most companies want more units than just a single-family residence to install a submetering a...
California recently signed a mandate requiring most new homes in the state to include solar panels after 2020. California is the first state to do so, but it likely won't be the last, with New Jersey and Minnesota pur...
I got a phone call today from the park manager. She told me that a lady just signed her mobile home back to the park. She offered it to me for free with free lot rent until I sell it if I fix it up.
Turns out the h...
I am rehabbing one apartment in a 1937 triplex in Los Angeles I just bought. Looks like the electricial wiring is original two cloth-insulated wires, although the kitchen and bathroom have three-prong GFI outlets. The...
My partners and I are about to close a deal with a landbank and private lot owners to develop 50 Modern entry level homes within walking distance to an awesome (recently renovated) historic downtown. We believe that t...
Hello BP!
Here is the dilemma. I have a 5 bed 3 bath house hack in Colorado that I just got done renovating and I am renting it out to tenants next month. The unit has a nice Goodman HVAC unit in the basement but d...