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19 October 2024 | 14 replies
It's not uncommon for Class A rentals to negative cashflow for the first 3-5 years, until rents increase at a higher rate than taxes & insurance increase.While this can be an unpleasant situation, Class A properties tend to appreciate the most and attract the best/easiest tenants.
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18 October 2024 | 2 replies
Since you’ll be living there, it’s more like managing a roommate or tenant situation.
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18 October 2024 | 4 replies
If it has been asked already, please kindly point me out in the right direction.Thank you,Boris.Sorry to hear about the situation of having to move out.
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11 October 2024 | 2 replies
Any thoughts on which way to go because we don't need the break in alarm but we definitely want video cameras to try and encourage the people doing rotten things to stay away.
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17 October 2024 | 26 replies
Is this a situation where you need to BRRRR them for them to work or am I missing something?
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16 October 2024 | 10 replies
I hear similar stories probably about every other week here in Chicago, and I have had some situations happen to me during one of my early-on flips.Whatever you do , NOT take the low guy unless you are 100% certain they can complete the job.
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18 October 2024 | 7 replies
And no, you can’t charge extra rent or deposit for the ESA, but you can hold the tenant responsible for any damages caused by the animal.If this situation doesn’t sit right, it might be a good idea to explore your options with a lawyer, just to make sure you’re on solid ground.
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18 October 2024 | 7 replies
The people at Avail consider the payment timely if it leaves the tenant's account on or before the due date, so I think their reminder emails to tenants revolve around that date :( Any California landlords have experience with this situation?
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17 October 2024 | 5 replies
I'm hoping some 1031 exchange experts might know if it's possible to defer capital gains in this situation: I want to sell several properties owned by a 3 member (all family) LLC (LLC-A) and sell one property owned by another LLC with different but overlapping membership (LLC-B).Buy a much larger property that would be partially owned by LLC-A and partially owned by LLC-BThe new property is one tax parcel with two addresses.
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19 October 2024 | 16 replies
So does anyone else have a situation where there are other fees that are charged when a guest arrives (e.g. parking in the building, etc.).