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bids
I've had 5 companies come to give a bid on installing steel security doors and bars on my nice rental in a nice area. All knew it was a rental. Bids went from just under $2000 to just over $6000, parameters were the s...
Trey Gartner
Water Meter in Chicago
To all my Chicago pros - Does the City of Chicago require an inspection for the installation of a water meter? I want to get one installed on my rental property, but I don't want to invite any prying eyes unnecessari...
Lenny Reinstein
Help a beginner buy the right replacement toilets
I need to replace the 2 old toilets. I measured the rough in as seen below. Seems that I need to buy the 14 inch rough in toilets (which is hard, because only few models are available at Home Depot and Lowes, since th...
Milad Razavi
Best way to find local contractors?
I have a property that I am fixing up in Los Angeles, does anyone have recommendations on best practices for finding local contractors (from plumbing to floors to kitchen to landscaping)? Maybe some sort of an online ...
Toni Guerrero
LLC Member as Contractor - Legal Implications for Liability
Hello all. My husband and I are equal members in an LLC that holds 4 houses, and another LLC that holds one house and one 4plex. We have a property manager who controls all of the properties and historically arranged ...
Erik Kubec
SHST, routine maintenance, de minimis example
Hello BP folks,Here is a real scenario for one of my properties with regard to how to use the Safe Harbor for Small Taxpayers, Routine Maintenance, and/or De Minimis options.Property LCT has an original basis (just th...
Brian Hughes
Snohomish county WA - Mixed use Office - conversion to residential?
Hi All - There is a mixed use commercial office building for sale in Snohomish county, WA. Its mostly office space but has several residential apartments. the office portion is vacant as are some of the apartm...
Nicole Lybrand
Whitehaven + galvanized steel & copper
I'm new to the Memphis investment market. I have one property in Raleigh that I bought through MidSouth and was very pleased with the reno. I am looking at another in Whitehaven that is tenant occ. 3/3 built in 1960. ...
David Ounanian
How do I conduct due diligence on a property before making a purchase?
Conducting due diligence on a property before making a purchase is crucial to ensure you're making an informed decision. A well experienced real estate agent can help you through this important process. Here's a compr...
Nobuko Morgan
Contractor Draw Schedule
I am hiring a contractor for my first rehab and flip project and I already have the scope of work on a typical contractor invoice.My question is, do I need to have something drawn up in a draw schedule format before w...