Ariel Soriano
Comfortable and coastal high-rise condo
Investment Info:
Condo buy & hold investment in Atlantic City.
Purchase price: $130,000
Cash invested: $130,000
This is my parents' secondary home. Whenever I visit, which is often these days, I ...
Lisa Hill
Opportunity Zone vs 1031
We may have up to 500k in equity in a rental house that we plan to sell. I found a multi unit property in an opportunity zone. Where do I go to find out how the tax deferral works? I’ve read up on it but am a bit o...
Erik Cabral
Hey BP! Looking for some help on a repair or replacement
Does anyone have any recommendations for someone who can look at a refrigerator in Trenton, NJ? The rental is in the Chambersburg area. A fridge that isn't cooling but seems operational. I'll need either a fix or help...
Gavin G.
irreparable investment property?
Looking at this 4-unit in Miami, Florida (see pictures). Both homes need an unbelievable amount of money and work put into them. Looks like part of the roof has a problem and even a hole in the side of the property as...
Jeff Klein
Deductibility of depreciation: on which property is it based?
After a 1031 exchange, depreciation is tax deductible from the income generated by the replacement property. Is the depreciation amount based on the cost basis of the old property or the cost basis of the replacement ...
Samantha Swenson
Tile vs. Laminate flooring
What floors do you use in your rental properties? I was thinking tile because of how durable it is, and the cheaper price without Sacrificing look, but my husband pointed out how difficult it could be to fix if someon...
Daniel Gupta
Insuring your property- Using Actual Cash value vs Assessed
Hey guys! Curious what you think on this one.. I have recently obtained a couple houses at a $180k for both purchase price($90k each.) Insuring both of these properties at their assessed value (375k, 285k aprox) would...
Alex Hamilton
Replacing a Water Heater
I know people on BP in different markets will have different experiences than someone like me in Baton Rouge, Louisiana. But instead of doing it myself, which I have done many times. This time, I had a local plumbin...
Marc Steinert
Rental property renovation question?
First I would like to thank everyone who contributes to this site with all their experience and expertise, this site is amazing!
I have been analyzing some sfh rental properties and am curious to what level d...
Robert Gamblin
Please Help with analyzing First Rental Deal.
I need help analyzing my first property I put an offer on to make sure it makes financial sense. Details are below:Side By Side Suplex in Ilinoiseach side is 2 bed 1 bath ( no basement) Very nice clean property tha...