I've been renovating a duplex since June, 2011 (I know. It's almost done.) Had a tenant prior, but it's been vacant since then due to the remodeling. I know I can claim the 2011 deductions because I have rental inc...
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Hello everyone,I am new to real estate and myself and father are new landlords also. We purchased a nice triplex and I am a bit concerned about having to pay for heat and hot water. At some point we will figure someth...
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I received a booking same day request from the Airbnb platform for my Lake House.Yes I was concerned. It was a 4 day booking.What happened was that the people were in Atlanta on their way to SC from Florida and they r...
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Looking to turn a 24'x30' garage into a 720 sf 1bd/1ba apartment and seeking input on construction concerns and ideas of interest I need to take into consideration when costing out this conversion. Located 30 mins no...
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Fellow landlords and PM, how should I respond to this text message from my tenant? My tenant texted me this morning regarding renewing his lease which ends on October. He wants to revert back to $850/month (which is w...
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I have a house where the chimney is falling apart and the estimates to take it down and rebuild are over $2K. I just have a furnace and hot water heater exhausting through it. The gas is off. Is there a reason I mu...
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I am renting a farm house and its old. It has 2 - 15 light exterior doors on it. The wind come in all around the doors, which have weather stripping around them and thru each of the 15 pains of glass. The doors nee...
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Hey everyone,Bear with me since this is my first post regarding this topic. DescriptionCracks are starting to show in the stairwell on the 3rd floor of my first rental which is an old home that's getting older. It's ...
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Greetings my fellow BPers.Inspired by all the cool diaries here, I'm gonna try starting my own. This flip actually started a while back in late 2013, but I just joined BP. So I have to do some of the catch up.- Firs...
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Hi Guys,I was quoted 190K for a gut rehab of a single family home ~1200 sq ft in Berkeley. The footprint of the home is staying the same but we are changing it from a 2 bedroom 1 bathroom to a 3 bedroom 2 bathroom. We...