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Results (10,000+)
Marlia Stone Investment Property Gone Bad
23 June 2024 | 67 replies
If for some reason I can't get a utility turned on, I assume that the utility itself inside the house is faulty and will need repair/replacement and adjust my offer accordingly.
Golan Corshidi Is investing based on appreciation a recipe for disaster?
25 June 2024 | 125 replies
So what you refer to as pot of gold has always been there so far for any hold over 12 years (a little deceiving as in inflation adjusted dollars it was a year or so longer).  
Vivian Yip Mid term rental calendar management
20 June 2024 | 3 replies
So in my case, we selected June 1st - June 29th, adjusted the minimum stay to 2 nights for that period, and upped the rent for that period to STR rates. 
Mary Chen Suggestions on performing a 1031
21 June 2024 | 2 replies
Their accountant will have to adjust the %s reported on their tax return appropriately. 
Daniel Mendez Diving into my 1st rental (DFW)- Input your Advice & Guidance
22 June 2024 | 5 replies
For example:General-Filters (furnace, air conditioning, oven exhaust, refrigerator, and water)-Stove burner when the “eye” needs simple replacement-Batteries and remotes that service the premises-Fan and light pull strings-Smoke and carbon alarms testing and batteries-Ensuring appliances are properly plugged in, hooked up, and used-Removing dirt, debris, and lint in and from connection pipes (e.g. clothes dryer)-Tighten loose screws on all home functions (e.g. doors, hinges, handles, socket -Balancing off-balance appliances-Cable, internet, and phone jacks-Fire extinguishers-Systems operation (e.g. security, irrigation, HVAC)HVAC-Monthly A/C filter and drain line maintenance Electrical-Reset “tripped” GFI breakers-Light bulbs (throughout and at the end of the tenancy)-Blown fuses-Reset breakers in the outside and inside breaker boxes-Socket and plug outlet coversPlumbing-Unclog drains or toilets-Caulking around tubs and showers as needed-Gas pilot lighting-Leaky faucets and shower heads-Toilet flappers, handles, seats and seat lids, tank lid, and flush kit-Sink and tub stoppers-If septic tank present, use RID-X as directed on consumer box-Proper cleaning of garbage disposal-Loose faucets and sprayer heads and hoses-Faucet filters (i.e. aerator)-Open exterior plumbing clean out when necessary (e.g. sewage backup)Exterior-Routine lawn (and pool) maintenance-Adjusting sprinkler heads as necessary-On the last month of tenancy, tenant must perform required lawn maintenance no sooner than 2 days prior to vacate dateThere’s a lot to consider as a landlord.
Jacob Palmer Inheriting Tenants Process
21 June 2024 | 5 replies
After leases expire, landlords can draft new leases, re-negotiate terms, adjust rent, and implement policies.
Nilusha Jayasinghe Chicago architect recommendation for basement project?
20 June 2024 | 3 replies
Hi all,Does anybody have any recommendations for architects who are self-certified and specialize in Chicago residential properties including 2 flats (what we have)?
Malick Ngom Has anyone had issues contacting Trophy Point Investments lately?
20 June 2024 | 5 replies
@Malick NgomGet an attorney to send a certified letter requiring signature and include the satisfactionIn most states a lender can be held liable for damages for not recording the satisfaction
Milton Chamberlain Kansas City MO NEW Source of Income Discrimination Ban Ordinance
22 June 2024 | 17 replies
This ordinance is significant for its comprehensive approach to addressing source-of-income discrimination, particularly in the context of housing and rental opportunities.Key aspects of this ordinance include:The creation of a $1 million Landlord Risk Mitigation Program to financially assist landlords who accept tenants with vouchers, such as Section 8.Establishment of a landlord liaison position within the City’s Housing Department to facilitate communication and support.Landlords are allowed to deny rental applications based on individualized assessments, such as criminal convictions, credit scores, and eviction history, but the ordinance also sets clear guidelines for what can and cannot be considered.It includes a delayed effective date, allowing time for landlords and tenants to adjust to the new regulations.The ordinance also specifies that certain properties, particularly older houses that cannot easily comply with current codes, are exempt from some of the source-of-income requirements.The guidelines provided by Kansas City's Ordinance 231019, detailing what can and cannot be considered in rental applications, include several notable points aimed at balancing the rights and concerns of both tenants and landlords:Individualized Assessment Allowed:Landlords can deny rental applications based on specific, individualized factors, including criminal convictions, credit score, eviction history, alleged damages, and rent-to-income ratio.
Brandon Elliott-Pandey When do you become a Private Lender
21 June 2024 | 11 replies
Of course, since most HELOCs are adjustable, this will change for better or worse as rates change.