When turning over a unit that needs a variety of different types of work done before listing it and another tenant resides there, be mindful of the order in which you do these repairs!
Example: if you need to add a...
Hey guys,Newbie Rental investor here. I am prepping my first property for rent and I have a couple of questions that I'd like some opinions on.1) I set up rental property insurance, but I disagree with the amount the ...
Hey y'all,
I'm looking to replace the old carpet in my 3 bedroom rental with luxury vinyl plank (LVT) but am struggling to figure out which brands and installers I can trust. It seems that so many brands have high ra...
I am purchasing a property from my father-in-law. He is over 80 and can no longer take care of it. It needs a roof and presently does not have any liability or insurance of any kind. I have multiple questions. I would...
Hey!Just curious what peoples thoughts are on increasing your life insurance policy payout to keep covering the cost of newly acquired assets? Or does this seem redundant given the sale of those properties should cove...
Good morning my most excellent BP members. I found a nice little 2 bed 1.5 bath house renting for $615 asking is $31k looking to make an offer of around $25k. My question is after looking at the roi the property looks...
My tenant is moving out at the end of this month. I went and did an inspection of the unit and found some problems.1) Handle to the refrigerator is ripped off. 2) They used large nails to hang paintings so now I have ...
Two rules as I understand it are in order to defer all taxes in a 1031, newly purchased property must be equal or greater in value of the net sales price of relinquished property and carry the same leverage (loan) of ...
Got a call today from my tenant about a fire incident in her unit in the duplex home which happened a week ago. Per the photos that she send, it appears like the something on the stove got on fire and caused the cabin...
I have a rental and I am also a tenant in privatized base housing. The base does not depreciate the carpet one cent until it is 3 years old. After that it goes down 15% up to 4 years, 30% from year 4 to 5, 45% from ye...