Chris T.
At what point does a Repair become an Improvement?
After just going through my 2013 taxes and now looking ahead to 2014 I have a question about repair vs improvement in the eyes of the IRS. At what point does a repair become an improvement?
I know that if yo...
Brandon Reed
Home Improvement Stores as Contractor for 203(k) Loan?
For a 203(k) loan, it’s my understanding that you can use a maximum of 2 contractors (e.g. 1 Plumber, 1 A/C Technician) before needing to actually hire a General Contractor to supervise the work and sub-contractors.We...
Matthew Hodge
Applying the 2% Rule to Improvements and Additional Items
I've got two questions, but they're related. First of all, how should we apply the 2% Rule, or another similar guideline, to improvements? Specifically, I've got a triplex that doesn't have central heat and air. The t...
Madhu Kumar
Appraisal came low after the home improvements are done
Hi,This was my first question in BP community. Googled a lot but did not find an answer. And here I am trying my luck.I bought my first rental SFR property for 35k, put in another 15k of rehab work into it. The place ...
Will Yee
Tenant wants to make improvements. Should I let them?
Hey BP,I have a new tenant who just moved in on May 1st and are under a 2 year lease in our SFH 3Bed/2Bath property. So far they've been great, very friendly, neighbors like them, paying on time, etc. No issues.They'v...
Dametrius Clark
How can you improve poor communities through real estate?
I am new to BP and real estate investing. I don’t currently own any property but I am getting my real estate license. In general I wanted to hear opinions or stories of how people have positively impacted a community ...
Brian Seggebruch
Critique my first analysis - looking for feedback to improve
Hey everyone, not sure if this will work properly, but I just analyzed a deal with the BRRR calculator and I want everyone's feedback. I'm going with: no this isn't a good deal, but I'd love to hear what others think....
Tommy DeSalvo
Multi Family, four plex, initial and long term improvements
I just put a very well maintained 4plex under contract for 91k. It is fully rented and is in turn key condition. Now, the current owner hasn't raised rents in about 10-15 years, and they're about 90ish dollars below m...
Matt R.
Offering improvements when new lease includes a rent increase?
Hello all!I have a SFR that I first rented out nearly two years ago. The same tenants have been there the whole time, and their lease renewal is coming up. They already told me they want to renew; we just need to si...
Charles Lee
% fee paid to management company for capital improvement projects
Hi Folks, I met up with several management companies to help manage a multifamily (70 units) in Texas. Want to find out what is a reasonable %fee paid to management companies for capital improvement projects. I have g...