Barry Cohen
Water main replacement in Rochester duplex
Question for fellow Rochester Ny investors. In process of selling one of my duplexes. The inspection revealed a pinhole leak, deterioration in water main. Buyer is requesting it be replaced. This requires a deal of di...
Terry Madden
Friendly Advice Needed
Hi BP Community, I don't post often in the forums but do actively read through them. I know there is a lot of knowledge and wisdom to be gained by such a great community, so I was hoping to get some advice on a curren...
Michael Craig
Solutions for Inadequate Heating
Happy New Year BP Community!As some of you may know, the North East has been experiencing record breaking cold. This has been especially true in Saratoga Springs, NY. One effect this has on my property is that I canno...
Account Closed
Documenting Capital Expense(s)
Hello All!
First, thank you in advance for taking out the time to read this. My partner and I are currently renovating 2/4 units in our fourplex. My role is to keep track of the P&L, budgeting and documenting. I...
Bryce Hammill
Stove replacement help
I was looking for some guidance on a stove replacement. This is in our first out of state duplex. We replaced a stove in one unit as it quit working. (Inspection photos from purchase shows the stove was 5 years old.)...
Mariana Rojas
Could I make a 1031 exchange and use as downpayment?
Hi everyone,I have one rental property and I want to find a way to finance a multi-unit building, and I would like to know if could I somehow make a 1031 exchange and use as a partial or a down payment. Thank you.
Yuval B.
Historic Commission - Philadelphia
Hi Everyone,I just finished a complete gut renovation for a property I own that is located in an area regulated by the Historic Commission. I added a couple of decks in the back of the building and went through the H...
Shanna Bradford
Fixing problems with a Lease to purchase home
Hello, I am new to the rental world and have a question. I own a home, and have set up a lease to purchase contract with a tenant. At the inspection of the property before the contract was signed we pointed out the ...
Michael Craig
Repair or Replace Window
Hello,I have one window in an apartment that will not stay up. I believe it is less than 10 years old. It is made of Plexiglas with nice trim around it so I really do not want to replace it. However, there are no bala...
Daniel Fridrij
First Purchase in the Dayton Area: Inspections
Hello everybody, I am getting close to my firsts purchase in the Dayton area. Two questions for the experts there:1. What things you think I shoul give especial atention in the Inspection of the Property? 2. Any good ...