Just spent a decent amount of coin doing a make ready during a vacancy. Come tax time, how do you generally categorize these expenses? Two biggest expenses were flooring (improvement) and interior painting (repair). ...
Starting renovating my first rental property. It is a duplex located in a mostly single family neighborhood. One unit was vacant and very outdated (as you can see), and the other one was recently renovated by the sell...
What factors impact the decision to invest in updates for a property, versus saving capital for other investments?I am currently house hacking a duplex in the Aurora area. The side I am living in is very outdated (20 ...
I'm looking at houses to flip and I came across one with an outdated fireplace. What would you do with the stone here? Paint it white? Rip it out and replace the drywall?I'm wondering from a cost/benefit standpoint...
I just purchased a duplex with a vacant apartment that can get $950/month (current rent for the other side) but the bathrooms look kinda outdated and pink. The kitchen isn't so bad but I'm wondering what kind of incr...
So I just got a rental property under contract out of state in Alabama and the floors are 3 3/4 width x 9/16 bamboo. It's a B- class neighborhood.
Apparently there is some dog pee odor and some bad scratches in 2 of ...
My wife has inherited a townhouse from her mom. Long story short, she lived alone until she passed at almost 90 and at times was quite a difficult person to deal with. She had cats and the smell had been building for ...
Good evening,I just picked up a rental property in a good area As-IS. The house needs cosmetic fix up.New PaintCleaned up New CarpetThe previous owner had a cat and smoked cigarettes in the house. I am seeking advice ...
Hello. I am new to BP. I have a house under contract that has a very large tiled master bath with a newer Jacuzzi tub. The problem is the the tile is black and the tub is pink. Not very attractive to most buyers after...
Hello! My husband and I recently purchased a house at auction. Not 100% sure if we're flipping or renting/BRRRing at this point. First order of business is painting. Painter went in today and says that the chipping is...