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Hello, I have a tenant who stated that their AC was not working. This was strange because I had the AC assessed last year and refilled with Freon. It’s an older unit and I was planing on replacing in 2 to 3 years but ...
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We have come to an impasse on the sort of stove to put in our first rental. One says gas and the other says electric. There is a gas line & electric hook-up available for the stove. The house has a gas water heate...
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Hello BP Nation,
We have a property in Gilbert, AZ purchase about a year ago. We are looking to sell but there is an ingrained smoking odor from previous owner's 20 years of smoking. Our agent could smell i...
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First, sorry for the long post! I have my first rehab project under contract and having just finished up the @JScott books on this topic, I've used his strategy as a starting point. I've built the below SOW and ...
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Hello,I am considering duplexes where no inspection is allowed because the property already has renters. Is it unwise to assume that a property does not need major repairs because it already has renters? Or do I just ...
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Hi there, fellow REIs!
I have a tenant who is complaining about her refrigerator. She says the unit is cooling properly, buy makes a LOUD, short, humming/buzzing sound every time it comes back on to cool. Of ...
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I'm trying to get a better understanding of how much of my rental profit I may be able to keep. If my AGI is $150,000 and my rental profit is $24,000 for the year, after paying the PITI and expenses, in a rough estim...
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Hello all,Wondering what your thoughts are on the following: Just purchased a small 2BR 1 for 55k. Needs 10K in rehab and should rent for $895/mo Thing is, that 10K does NOT include central air.. That would be an addi...
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How much is usually cost for add refrigerant and leak sealant ?
Hey BP. Long time reader, first time poster. Looking for some input on whether I should repair or replace my HVAC system in my rental property.Background: The property is a 1500 sq ft house in Arizona. Current HVAC ...