I'm a little confused about how the depreciation works on items that don't last 27.5 years, such as flooring, appliances, cabinets, etc. I know that you can apply accelerated depreciation (5 years) on certain items, ...
I am about to rehab a house. It will need a full REO cleanout of contents, plus the demolition of 2 large detached garages which are collapsing and beyond repair. A have a couple questions, what is general rate for e...
Hello BP family!Attached photos show home on subdividable lot. The vacant piece has water run off from a slope which owner has nicely landscaped with decorative bridges. There are no bodies of water anywhere close to ...
Doing a flip that has a large rusted out old freezer in the garage. This thing is a monster and full of god knows what. Ideas on how to get rid of this monstrosity???
I'm posting on here because I want to get into a habit of taking pictures and documenting my projects. Hopefully this will keep me accountable.We paid $101,000 for this house last week and just began the demo work tod...
Are you raising rents? If so, what percentage % ? Single family, long term rentals. We have ok tenants who don’t complain much. They do accumulate trash, old tires on the property. Units re-lease in 10 days or less...
Hey everyone,I've been working on tearing up an existing flooring so I can lay some new tile down. On top of the floor is hardwood, and about 3 layers of vinyl. The lowest layer of vinyl (red in picture) have me conce...
I just got a home under contract here in San Antonio, Texas. Per seller, the home has known Drainage and Foundation work needed. The foundation is Slab. Does anyone have recommendations for structural engineers or fou...
Need some help quantifying Appraisal Adjustments and am willing to share my findings with those that respond. My name is Kelly Githens. I’m a General Appraiser in the State of Oregon. I’m working on a project that h...