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Hi,Here is the situation:- I am planning to sell a property that will go on the market May 15th.- It will close around June 15th.- I want to do a 1031 exchange and buy 2 or 3 propertiesFrom what time can I buy the pro...
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I am removing an existing dilapidated enclosed rear porch and replacing it with a new three-story open wood porch. It is a typical rear porch, serving as a means of egress, and also has a small area for a table and a ...
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Hi,I am closing on a rowhome in Baltimore (Belair-Edison) that I am planning on renting out after the rehab is done. The main question is what to do with the heating and cooling system: - Option 1: Service the cur...
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Contemplating selling an investment property. Can I 1031 exchange into improvements on another rental property I already own as well as use capital gains for furnishing it?
If I have already began the proces...
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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...
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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 ...
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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...
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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...
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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...
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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...