Peter Aziz
CapEx Accrual when Analyzing a Deal
Good morning BP Family! I hope everybody has had an amazing week and is looking forward to an even better weekend! I'm still on the hunt for a new acquisition and am looking for SFRs or multi units in the Indy area (b...
Bob Couture
Septic Tank Replacement
How much to replace a septic tank in Westfield, MA? Should I run away from septic tank issues or are there usually less expensive alternatives to replacing?
Garrett Christensen
How much to set aside for Maintenance and Cap Ex?
Hi All,I've been investing for a few years now and when I'm running numbers I always set aside a percentage of the rent for maintenance and cap ex. I adjust this number slightly based on the condition of the property,...
Bienes Raices
Water heater -- depreciate, or treat as a repair?
I had a new water heater installed in the rental (before I placed the rental in service, if that matters). Do I have to depreciate the water heater like I would a kitchen appliance, or is it okay to treat it as a repa...
Marshall Shen
Takeaways of doing deal analysis
Hi all,
I have done some deal analyses and received useful feedback from you all! First of all, I want to say THANK YOU for all the mentorship, I have felt a lot more confident about real estate investing.
As the ne...
Sheena Drake
bank offering less money than expected
Looking for opinions.........2/1 SFH in Missouri. Bought for $33,500, B/C neighborhood. We have rentals in this same area so expecting $750-800 rent. Taxes, insurance $1000 together for the year. Nicely fenced in ...
Allison Karrels
How much Cap Ex Reserves do you have?
Right now I am in contract to purchase my 6th rental SFH. I have been putting aside $100/month/property for a while now and have about $10,000 sitting in a cap ex reserves savings account so that I am prepared for th...
Taylor Atkinson
ELEVATOR - pre mature maintenance on 23 year old elevator?
I have recently purchased a 4 level mixed use property.My elevator maintenance provider has informed me that the current model of "door operator" is no longer being manufactured as of Jan 2019. He is suggesting I pre ...
Account Closed
What maintenance reserve would you use for these rentals?
Hello,
What maintenance reservere do you think is conservative for the following property?
2x1 duplex in Florida, built in 1983. Block home. Each unit is about 1150 sq feet. Each unit also comes with a 3 car gara...
N/A N/A
How do you handle Reverse Exchange date setting on 8824
Hi,
When you're doing a reverse exchange and you have to put down the dates for relinquished property and bought property. How do you put down the dates. The questions on the form 8824 seem to be geared towards a reg...