In one of my groups, a condo owner has received a notice from the HOA board:"Unit owners shall be responsible for painting their limited common elements (earlier defined to include interior walls, wallpaper, and floor...

Great forum discussions here.... I read several relevant threads but my question focuses on how to split between land and building value in a high rise condo for depreciation purposes.

I purchased the condo 10 years ...

Hello, I'm the President of a 6-unit HOA that is going through a difficult issue that involves damage to an owner's ceiling that was caused by a different owner. The problem started when the basement unit's owner noti...

Hello,
I'm new to this community, and I have a question regarding the analysis of a condominium property. I'm unsure whether repairs and capital expenditures (CapEx) should be included in the list of expenses or if t...

I have a water heater that is not working well.  Currently, the water is warm, not hot.  The heater is warm to touch at the top and cold at the bottom. This heater is 2 years old.  We replaced both elements 2 weeks ag...

I have two properties in Jersey City. One is a condo. I'm going to confirm how much of the dwelling is covered by the association but what is a good rule of thumb on telling how much it would cost to redo the fixtures...

My Wife and I bought a rental property with the intent to use the BRRRR method. We have completed the buy, rehab, and rent portion. We are in the seasoning period to do a cash out refi. The property has an electric wa...

I've been having a problem with a water heater on the second floor unit of our apartment. This is unit already has a 30 gallon electric hot water heater. But the hot water in the shower is going out in 5-7 minutes. Tr...

Hi everyone, I’m an agent in the Maryland market and I’ve found an off market deal that I’d like to flip in Georgia. I’d like to know if I can use my own contract or am I required to use Georgia state contract to lock...