Chris Schwartz
Trying to estimate repair costs of a fourplex...
I have found what I believe is a fairly good deal on a fourplex in my area. The fourplex is nearly 50 years old. I just received the seller disclosure and I am trying to get an idea of what the repair costs are go...
Ryan Heywood
1031 out of a shared investment.
A family member owns a 1.5% in a hotel that just sold for 9 M, cashing out at roughly 110k. I'm wondering if a 1031 exchange would be applicable in this situation. It is my understanding that in a 1031 exchange the pr...
Heather Ippolito
Possible first deal -take 2 - would love any feedback
I posted 3 days ago about a possible deal I was considering on a condo in my local market and you guys woke me up to it not being the best deal so thank you!That one was $145k, rental income 1.2- 1.3k, 120/mo HOA appr...
Account Closed
Licensed HVAC Needed
I need a reference for a reliable HVAC person who's licensed, insured, and understands investment property business.Yes, I realize when we say "understands investment property business" that sounds like "charges $20 f...
Sammy Vazquez
Foster Care Request from Tenant
Recently I purchased a duplex that came with a tenant on one side. They are presently providing foster care and are losing 2 of the 3 children they are caring for. They are requesting to replace the 2 children with ...
Andy Petzold
Tenant Refuses Fridge for Fear of Ghosts - What would you do?
A few days ago a tenant reported reported that her refrigerator was performing poorly and didn't seem to be cooling as well as it once had. She complained of food spoiling quickly and frozen items partially thawing. T...
Brandon Kelly
Overpriced property managment work
I am in the middle of my first turn over with a new property manager and it is not going real smooth. Among other issues, I just got a bill for $253.46 for rekeying the house. In a list of other items that need to be ...
Andres Piedra
Contract Verbiage: How would you interpret this statement from a legal perspective?
"KITCHEN FRIDGE WILL BE REPLACED WITH STAINLESS STEEL FRIDGE CURRENTLY IN BASEMENT"
Would you think the person selling the house would be required to move this giant fridge to the kitchen or just leave it in ...
Nagesh Kakarlamudi
Using 1031 selling multiple properties and buying one property
I am selling 4 small properties and buying a single multi family and using 1031 exchange. The total funds from sale of relinquished properties combined is approximately $400k and purchase price of the replacement is $...
Nicholas D.
Home Insurance (ACV vs. RCV)
I'm hoping to close on a duplex near the end of this month for 50k cash. The area is lower income, and many of the homes are older (1920-1940's). This property is no exception, it's believed to be built in the 1920s.
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