Luke Devine
Where to find the best bang for your $$$$ while renovating,
I was wondering where you go to find the best items when renovating a house. Some of the main rooms I am looking into renovating is the bathrooms, bedrooms, and kitchens. Also, how much dose some of these items run yo...
Jeremy Clark
Best refinance parameters
Hi everyone. Here is my scenario. I purchased a SFH and have a total of $120k into the property using some personal funds and and hard money. The property appraised for $180k. I would like to refinance and pull 35-4...
LuAnn Vigen
keeping track of the basis of a rental
I just purchased my 5th rental and I am in need of some advise on how to set up books and track the basis of this house. I past attempts have not been without problems. What categories do you use? Once the house is re...
Ryan Keenan
Claiming improvements on your taxes
hello BP, question about doing my taxes this year.. I bought a duplex and took out a 20,000 loan to fix it up.. I would like to buy another property this year and need every penny of income to help show the bank to qu...
Frank Mancuso
Good Numbers? Not So Good Neighborhood?
I've been looking for a multi-family unit to add to my portfolio and my property manager called me with a deal that fell through and the current owner wants to unload it. Details:5 units - Large home that was convert...
Maria Martinez
Missing Things from house I rented
Hello, I bought a house in Fl in 2009. Since I live in Venezuela and do not come to the USA very often I decided to rent the house and use a Realtor to manage the house as I couldn't do much from overseas. The house w...
Sean Johnson
Manufactured homes for buy and hold
The numbers on a couple manufactured homes I am looking at are great. But they were built in the early 90s. I worry that if I hold on to them for 10-20 years, they may literally fall apart and then I am just left wi...
Amanda G.
How much Cap Ex do you hold?
It seems to me that Cap Ex is a very important part of evaluating a deal which investors tend to under-estimate. My current rule of thumb is to plan $1,000/year per unit.First- do you agree with that as an estimate?Se...
Matt Huber
2021 RE Investments Underperforming... Should I sell?
In 2021 I purchased a couple of single-family rentals. After nearly 3 years of operating history, I'm concerned that the properties are not performing well enough to warrant continuation of the venture, and I'm consid...
Sajan Jiva
Home Inspection Advice
First ever purchase so I'd thought I ask for some advice. Had an offer accepted last Friday and the home inspection on Wednesday. From the home inspection we've come to find out that the HVAC, water heater and probabl...