Matt Weddon
Legally Rejecting Applications
2 January 2025 | 18 replies
They brought in mice, cockroaches, and spiders.
Shawn Tuma
Duplex Concerns w/ VA Loan
17 December 2024 | 1 reply
Details on the duplex:Price: $385kBuilt: 2012Size: 2674 sq ft (1333 each side). 2 story, 3B/2.5B each side w/ 1 car garage & driveway for both, fenced backyard both sides.Interest: 5.49%PITI: $2,698Current Rent: $1,350 but could be brought up to ~$1,600, maybe $1,700Yearly Property Tax: $8,340 (I don't pay any on my side while I live there so $4,170)Upgrades: Vinyl floor in kitchen of both units, new AC (central HVAC) on vacant unit, roof done 2016.
Jerell Edmonds
Spilt utlities or add another meter ??
1 January 2025 | 12 replies
It will be expensive as you'll need a meter socket, weatherhead, breaker box/load center in the unit and then all the circuits in unit three will need to be disconnected from the present box they go to and brought into the new load center.
Karin Recalde
Purchased property listed and sold as a triplex just found out from city it is a SFH
8 January 2025 | 26 replies
Then I had another one where the buyer brought as is under the impression that legalizing would be easy and found out it was not ever allowed and a portion of the structure had to be demolished because it was built horribly and a hazard as built.
Kevin Green
45-Minute Drive, Big Lessons: Teaching Kids About Real Estate
14 December 2024 | 0 replies
Last night, I heard an inspiring story about a mom who brought her young kids along for a 45-minute drive to tour an investment property.
Tim W.
Invest for Cash Flow or Appreciation- Which do you favor more?
22 December 2024 | 7 replies
I have another one were I optioned 120 acres that just got brought into long term planning for chips act. paid 5 million for it and spend 10k a month negative..
Leeling Chew
Best Course of Actions To Remove a Difficult Tenant
24 December 2024 | 5 replies
The fact you brought this up on this board with this situation tells me that you are fairly new to renting by the room.
Ryan Fox
is the structural engineer correct??
17 December 2024 | 15 replies
@Richard Schubert- Yeah, I'm glad I brought the engineer out because 2 foundation contractors looked at it previously.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
And @Kory Reynolds brought up a good point about recapture of the section 179 deduction if your business use drops under 50% in a future year.
Jevani P. Barron
Seeking Advice on Investment Property Strategy: Cash-Out Refi, Raise Rent, or Sell?
20 December 2024 | 6 replies
I’ve had about a 60% turnover on units that were under and I’ve brought current.