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When things are not going your way, something as simple as replacing a dishwasher can prove to be a nightmare. I am sure there are more people here who have experienced same total incompetence and lack of professional...
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What percentage of my rehab budget should be set aside as a cushion. Right now the renovation budget is at 45k and we haven't opened any walls, looked at the roof or the furnace. We know we want to update the kitchen,...
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Hi I'm going to be doing a 1031 exchange soonI wanted to ask and make sureIf I did about $30,000 in improvements being depreciated over 7-10 years on my old downleg propertyWould this be forwarded to the Depreciation ...
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Does anyone have suggestions on where to buy appliances that cater more to landlords? I have 16 units and I figure I'm going to be buying a refrigerator 1X/year at a minimum. I've been dealing with the big box stores ...
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Hey there! I wasn't sure how to handle this one because I was caught off guard. Curious to get the take from objective and experienced landlords. So I have a good tenant who has been around for a few years and a good...
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My wife and I are going to turn our primary residence into a rental. We are planning to manage it ourselves.We would live close by.I am currently reading and watching everything I can about landlording. Any advice or ...
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Hi BP team,
I'm currently going through my first full renovation (duplex) and my costs continue to increase with unplanned expenses (architect drawings etc). My end goal for the property is to use it as a vacation...
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Good afternoon all my fellow STR'ers!I have a home in Florida that I STR in Four Corners, FL when I'm not there. It is a good sized home (3000 sf) in a great location on a lake. I've done reasonably well renting it ou...
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To start out I am doing this as a personal exercise to learn how to do these types of deals for the future, currently I have not yet done a deal of this size. Please help me improve.Unit Mix Information ...
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When investing in real estate one of the key factors to consider carefully is the age of the property. Prices on older stock may be tempting, but going with a new investment property has many important advantages. In ...