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Results (10,000+)
Ben K. Accounting Software for Under 6 Units
5 March 2020 | 17 replies
Text message received = work order; if item repaired or replaced and I did the work, then I'll have a text message sent back to the tenant showing work completed; if it's something I had to purchases (new stove for example), then I'll have both the receipt for the appliance store & a text back to the tenant showing the work was complete.One of the nice things about my properties is I fall into that tiny sliver of properties that are exempt from having to allow emotional support animals. 1 property being a single family house not brokered by a real estate agent.
Ryan Collins First “Official” Flip Completed
3 March 2020 | 8 replies
It took about a month to find the replacement contractor, and then another month to get them on board because of the slow rep we were designated.
Tony H. Turbotax 1031 Exchange Questions
26 February 2020 | 7 replies
Everything went through just fine until I got the part where it calculated that I received Cash from the exchange process ( I did NOT).Here is what happened:Duplex Sold price 375,000Mortgage Owed 220,788After all fees, I got $129k to be put towards a down payment on the replacement property.Replacement PropertyPurchase Price + closing costs $589k.Mortgage taken $438,750I put roughly about $21k on top of the $129k from the Duplex to cover the DP and closing.So, how did Turbotax assumed I received cash of about 8k from the transaction?
Julie Berks "No major issues affecting safety, soundness, and habitability"
28 February 2020 | 13 replies
When inquiring about a specific property that is in need of major "cosmetic" repairs/ replacement:*drywall damage*holes in interior doors*tile missing in shower*disgusting rugs*peeling vinyl flooringAll things we have experience in replacing, however would this affect the possibility of getting a conventional or VA loan due to the clause "No major issues affecting safety, soundness, and habitability"?
Michinori Kaneko CapEx for multi-unit buildings
28 February 2020 | 13 replies
Get bids on the cost to replace everything and divide the replacement cost by life expectancy      $10,000 to replace / 5 years left
Mike Chira Get rolling with HELOCs
27 February 2020 | 8 replies
You have to identify a replacement property within 45 days of sale AND the new property must cost as much or more AND you have to put all of your gains into the new property.
Pedro Bartolomei Any opinions on cabinet refacing for kitchen rehabs?
26 February 2020 | 3 replies
My view is if the back boxes are in good shape its quicker and cost effective to just cabinet reface but they feel its better to just always replace or redo cabinets in the kitchens .
Stephanie Sicard Help me analyze this deal (Used BP Calculator)
26 February 2020 | 1 reply
It is not that much cheaper to replace the roof, floors, hvac, etc.
Richard Jimenez 16 Unit Apartment Deal Analysis
27 February 2020 | 2 replies
All AC units will be have to be replaced in the near future.
Neil G. Shaky inspection report on first MF deal. Now what?
4 March 2020 | 9 replies
So the inspection just came back showing the following issues: - Mold in a few interior rooms- Evidence of rodents- Original roof requires repair, replacement and/or evaluation - there are active leaks in the attic - 7 out of 8 water heaters need replacing at any moment ($5600 total estimated)- 5 out of 8 A/C units need replacing at any moment ($25K total estimated)- A bunch of minor things need to be fixed, i.e.