I need to replace the washer dryer in my condo that I plan to rent (really just the dryer). Is there guidance that others use as to the quality of appliances that you put into rentals? My initial thoughts are to jus...
This may make no sense but I will try my bestmy father is in the process of taking over a home of a friend who has missed a ton of payments and let the house go to shit. the reason my father is taking over the home is...
I am not brand new to REI...bought a property in 2005. Well, until this year, I haven't thought seriously about more REI...bought second in September from an auction...didn't get deed until Nov, so it's still not com...
Hi Everyone - My name is Naseer Khan and I am an attorney, broker and investor in California and Florida. My law practice is dedicated to real estate investing. I help people with contract drafting, setting up busines...
I tried to buy a home for 109K and was informed I had to wait two weeks because I am an investor so I did and now they tell me someone is going through the home path loan for 150K! This property looks to be worth a ...
We are currently seeing a big swing to investors calculating an acceptable dollar amount for NET profit and not necessarily purchasing on a set percentage. For example, if a house needs a true $5,000 in rehab, and th...
In the area I invest, the only thing I need to get a GC license with the city is proof of insurance. I am investing around Joliet Illinois. I had to use a GC for my last two renovations in order to get the permits. Bu...
Hi BPers! I'm looking to buy a condo in South Padre Island, TX. There are plenty for sale down there at what appears to be good prices. But that's part of my hang-up. Why would so many people be trying to get rid of t...
This year I replaced two HVAC systems. I know this is tax deductible, but I'm wondering if I would claim the entire deduction on my 2022 taxes or is this something I spread out over a few years?
I appreciate the fact that these tenants have stayed for 14 years. In recent years we have painted, replaced flooring, remodeled bathrooms (tile, granite, cast-iron tubs) , new appliances, new granite in kitchen. The...