Carpet is depreciated over 5 years and new hardwood floors are permanently affixed to the property so it should be depreciated over 27 1/2 years. What about laminate or engineered wood flooring? Looking online it is...
Need some advice. I needed to get my foundation and sewer line repaired. Since the home had Kitec plumbing in it I went ahead and had that replaced since the water lines were damaged during the tunneling for the sewer...
I've just received a quote to fix a 4x8 area of a kitchen floor following a pipe leak in the subfloor. The labor being performed is: Remove damaged woodRemove any damaged floor joistsRemove ceramic from 4x8 area to r...
I am wondering what everyone's experience is with window units in apartment buildings? This 24 unit has window units built into the siding, not secured in the window so they have it as a more permanent solution. What ...
The bottom unit of my duplex is a 2BR and both bedrooms are on one circuit breaker. Most of the other breakers are a 20V but this one is a 15V. The tenant says that it keeps flipping and all he has plugged in is a mod...
Hi everyone,
I'm new to BP and the real estate world and would love to get some insights on buying my first rental property.
A bit about me, I'm a full-time engineer living in Oxnard, California. I'm looking to buil...
I saw a post last week where someone lamented how many success stories and how few horror stories get posted on here. So I thought I'd start one to give a little potpourri of what I experienced in the last week in my...
Hey BP,Just wanted to reach out to BP nation and see who here has taken on a duplex to SFH conversion as a flip? I am a relatively young investor at 23 years old, and I have only done 2 flips while also owning 6 renta...
Hi all,
I have a 6.5 acre residential zoned property in Birmingham, AL. We were interested in creating a small gated subdivision of 13-15 houses. We have quotes from engineers to do the surveying and engineering serv...
Situation overview: New rehab. Luxury-type, but not the highest high-end. High end would target $2500 rent. Median rents are ~$1,500. This one is at $2000. Pet heavy market and unit will go on market off-season ...