Emily D.
Capital Expense vs Repair Expense
For bookkeeping/ tax purposes: if you replace an A/C unit and hot water heater does it get categorized as a capital expenses or repair cost? I have been researching to ensure I log it correctly in our bookkeeping soft...
Amanda Thompson
Non-renewal vs Eviction
We have tenants who haven't paid rent this month (it's now the 10th). We just took over property management duties of all our own properties at the very beginning of the month, which was a surprise to everyone when th...
Jon Martin
Contractor quoting cost plus model along with overhead fee?
HI Everyone, Been trying to nail down some quotes for a rehab on a 2/1 SFH. Had 2 contractors who committed to starting the job flake (good riddance, better now than later), so at the time of writing I only have 1 con...
Ryan Deasy
Best landlord policy insurance carrier
Hello all:I have a property in New Britain, Connecticut that I will be closing on soon. Can you please make a suggestion as to whom is the best carrier for a land lord policy? Thank you!
Roman S.
Beginner Investor from SSF
The market in South San Francisco area does not provide the best ROI, so I am looking to explore other markets that can actually provide cash flow (after all expenses) and ideally appreciate a little over time. I have...
William J Anderson
One Down More to go
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $596,000
Cash invested: $177,000
This property is a five-unit multifamily building situated on a 7,800 square...
Kevin S.
How should investment property be held from an estate planning perspective?
What is the best way to hold investment property from an estate planning perspective and to be passed down to heirs? My CFP told me under person name is ok. Looking to see if there are differing opinions. This is p...
Jason Hartman
BRRRR - Qualifying for Refi w/o W2 Employment: Ideas?
Hello all, I'm a somewhat seasoned buy and hold landlord/investor and understand (sometimes follow) the BRRRR strategy.I'm currently an employee with a W2 which has of course been instrumental over the years in helpin...
Rick C.
Actual Cash Value Insurance
Hello BP. I am doing a review of the insurance coverage on my rentals in Tampa FL, and I wanted to get a better understanding of what would happen in the case of a full loss. Here is an example of one of the rentals I...
John Taylor
Gutting a home and estimating the cost.
I am thinking about buying a condemned house in western Virginia. The home was built in 1898 and is 1456 sq ft. The cost of the home is $20K. I have had a contractor inspect the property and he said that it is structu...