All,I recently replaced a garage door in one of my rental units. Just trying to figure out if it's an expense or a depreciable asset. We replaced the door with the same quality and it was $750 (so not too expensive)...
I just bought my first rental property so I'm actually a rental property owner and I wanted some advice from some roofing experts. I bought the house knowing that it has a problem with the roof. It's not leaking ...
I found a 4 fam that needs some work, after all repairs I will have ~80k into it and it will have a 100-110k ARV. I would buy it cash and then refi the 80k I invest, so in the end I would have almost nothing out of...
Hi everyone!I currently have a triplex under contract im trying to find an affordable home owners insurance policy, the current owner does not occupy the building and he pays approximately $1750/year for insurance. I ...
I purchased a three unit place a year and three months ago, today the tenant in one unit complained that the carpet in the bedroom was soaked with water from the toilet two years ago and wants the carpet replaced.
Sh...
In putting together a scope of work for a property I am planning to offer on, I am referencing J Scott's "The Book on Estimating Rehab Costs". As it pertains to plumbing, does the $200-$300 per fixture figure in "rep...
Hello I just rented out a duplex and in the lease I have this clause : Appliances: The appliances have been supplied in complete working order. Appliances included are a refrigerator, stove, dishwasher and microwave. ...
Hi, I'm new to BiggerPockets. Recently I had the following work done at a property: 1) install security screws for existing kitchen faucet 2) adjust deadbolt on a door 3) replace (2) outdoor lights and light bulb (4)...
I've been looking at a SFR for a couple weeks. It need s a on of work, floor leveling, roof replacement (rafters and all) a new bathroom to be rentable. (Although I've heard it could be rent with as little as having r...
Hi everyone,My first flip is under contract in Maryland. We have been marketing for homes in between Baltimore and Annapolis and bought this property in May and we can see the lights at the end of the tunnel!But, the ...