Mike McCarthy
Wise to replace boiler for increased ARV?
In the midsts of a renovation (BRRRR) in a nice (A-level) neighborhood. Always looking for ways to improve the ARV, and have one upgrade that I'm on the fence about.The gas boiler for this 1920's house is pushing 40 ...
Mauricio Ramos
CAPEX or Replacement Reserve on MBs calculator ??
Hello BP Family!Kind of running in circles on this dilemma and would love to get your opinion on this.When using @Michael Blank 's calculator (which is a state of the art weapon) i see the "deposit to replacement rese...
Josephine Paige
Tenant wants to find a tenant replacement
Do I have to agree to allow a tenant who is notifying me of intent to break lease agreement find a replacement tenant? The lease does not have a clause allowing tenant replacement.
Marc Izquierdo
Apartment Value when replacing section 8 tenants
Hi Everyone. I was wondering what the effect is on the value of an apartment building when replacing Section 8 tenants.For example, would two identical buildings be worth the same if their rents were the same (same N...
Jessica Gilbert
Replacing tenants on lease- room mate drama
(Texas) I rented a 3/2 to two sisters and a couple who looked just fine on paper. Everything was quiet for three months until the couple started blowing up my phone wanting off the lease. After speaking with the sist...
Artem Lopatchenko
Condo in-wall AC unit replacement advice?
Hello,I was hoping I could get some advice with regards to the in-wall AC units. I have two condos, both of which were built in the 80's, that are about 850-875sqft (1/1). There are a total of 4 AC units (1 in each ...
Susan Parker
Tenant replaced/removed appliances/stove / Berkeley, California
I am a Landlord in Berkeley, CA. I rented an apartment, and my tenant removed/replaced the stove without my consent. After asking the tenant to put it back, no response from the tenant. The stove was in perfect workin...
Mike Flora
1031 purchase replacement property below market value
Can this work for a 1031 exchange and how would this be taxed. This is an example below but easily could be done in the future of my business.
I️ sell my free and clear property for 100K, which is what it appraised f...
Darshan Patel
Anyone had pseg replace their gas pipes?
So my first property I was hoping to have on market needs it’s gas pipes (from street to the meter) replaced. Pseg will pay for it and do the work. My concern is the duration. Anyone had gas pipes replaced by Pseg,...
Edward Burke
Insurance - Replacement Cost well over market value
I have two properties in escrow in Saint Louis City. They are both four family properties in desirable locations (quality tenants).The purchase prices are $349,000 and $290,000. However, as these properties are all...