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I recently purchased my first commercial property. 2 weeks ago the tenant reached out regarding a roofleak. We've had some decent monsoon storms and it has backed up roofing companies. I decided to have my handyman pa...
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I have a question on deprecation recapture and the tax consequence. When you depreciate a expense like a roof then sell the property. It seems that the roof expense become a capital gain since you have to add the de...
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It's springtime and my property needs a new roof! I have quotes from different contractors and narrowed it down to one. He checked out with another investor, has been great with communication (shocker), and has a bett...
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Considering a first property off auction (pre-1900 duplex in STL City, typical foundation style). Unable to see basement due to 4-5 inches of clean clear (seemingly standing, or slow/low leak underwater) that was in ...
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I'm sure the costs vary, but what is a ballpark amount for adding central air/heating to a 1300 sq. ft. 90 year old home?
There is currently insulation in the attic, but not in the walls.
What are some of the opti...
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Hello BP Community,I was informed yesterday about a ceiling mold issue in the first floor bathroom's shower. The second floor bathroom is stacked above it. I was hoping to get suggestions and/or contractor referral in...
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Im in the southern california area about to do my first fix and flip (mainly cosmetic fix up) and was wondering if there are any permits I am going to need when renovating the house.
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Hellos REIs! I want to inquire about your experience with carpet tiles in rentals- like these https://www.lowes.com/pd/Pebbl...I've done it all when it comes to flooring in rentals - LVP, vinyl sheeting, carpet you n...
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Hi all,
Forgive me but this is a rant. I'm a newbie RE Investor; I just closed on my first rental property (2 bed, 1 bath SFH) on 9/26. I was very fortunate to get a renter lined up before closing, and she moved in...
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Hi Y'all. Please provide guidance!Background: I have a SFH rental in Houston suburbs (cypress area) which I have rented to same tenant for past 5 years. Tenant don't want to renew lease until potential mold problem is...