Samuel Dunteman
Welding in Real Estate
Hi new to BP and actually forums in general, but being signed up for a few days i would just like to say this site has a great community and it excites me that people go out of their way just to help newbies out, it's...
Richard Cook
Thoughts on Possible BRRR House?
Looking at getting my first flip under my belt. This one is a FNMA foreclosure in the Wichita Falls, TX Market. Pictures HereIt reeks of pet urine, which I don't mind cleaning up, but curious of how much additional co...
Donald Cooley
Lesson learned
Hi all,Learned a valuable lesson in our first real estate purchase. I learned that one should be certain there are no prior inspections needed on the property by the previous owner. In the process of getting the renta...
Maria Car
Central Ac / Heat
One of my rentals needs a new central ac unit installed , Need some opinions on a new or used 1) New Central ( 4k)2) Used Central ( 3 years old ) 2kHas anyone had experience on having installed a used central ac on t...
Matt Dubois
Canton Personal Residence/House Hack
What's the market trend in Canton right now? I'm looking for a personal residence that I can house hack - preferrably a 3br/2ba or one that has space I can upgrade to a 3br/2ba. Prices to me seem to be a little high...
Michael Redmon
Depreciation? Wore out early
I’m confused, if a depreciating asset wears out early. Carpet is depreciated over a five-year period, what happens if your tenant destroys it in year two? Do you take the rest of the value of the carpet and depreciate...
Ignacio Sepulveda
IS IT WORTH IT TO GET A HOME INSPECTION?
Okay...so I know many of you are probably thinking "yes, it is no matter what." But I'd like to share my thoughts here about potentially not doing a home inspection. Reasoning below: 1. The property is governed by a H...
Andy Zohoury
Non-Exclusive Comcast Agreement Fee
Hello! I have a question about what is an appropriate agreement fee for a utility provider, such as Comcast, to bring their services to a property? For some background, we own a Class A complex of 36 townhomes in Atla...
Zulu Black
Wood Rot in basement floor
I am currently renting out my SFH to a family in NYC that just had their house burned down last year. Their insurance is currently covering the rent and they are in the last month of their lease. I was notified for th...
Zane Paul
Should I fix the foundation in my rental?
Far north Texas area, Grayson County Got the property very, very cheap. It was currently rented when I went under contract by a 5 year tenant. Many, many homes in the area have foundation problems from 4-7". I have to...