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12 March 2024 | 22 replies
This order could potentially grant you access to the property for inspection, considering the insurance requirement.If the current insurance policy is unfeasible due to access issues, explore other insurance options that can provide coverage under these circumstances.Keep a detailed record of all your attempts to conduct the inspection and any communication with the tenant, the insurance company, and legal entities.
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15 March 2024 | 17 replies
If after 6 months you find that you don’t mind collecting rent and dealing with the occasional maintenance issue then it might be time to start thinking about how to go about buying your next property.
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13 March 2024 | 2 replies
The issue is due to the floorplan, I am having issues having an idea on how to reorganize the kitchen.Does anyone know or recommend an interior renovation design that could provide a design idea?
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12 March 2024 | 29 replies
Moving forward, we’d like to unload our rentals and move the proceeds into syndications, however, we do not have the accumulated losses to offset capital gains/recaptured depreciation for our rental properties.
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13 March 2024 | 2 replies
Has anyone else experienced issues when purchasing properties after foreclosure?
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14 March 2024 | 15 replies
Of course, there is an issue of where do you live for that period of time to establish that you 1031'ed into another investment property...I agree with @Michael Plaks, I don't know how you figured that savings...As for "...harder to sell to potential buyers," the 1031 transaction is mostly transparent to them.
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15 March 2024 | 21 replies
With that said, I've found this the most successful part of the venture in the short period more so than the destination spots.Fortunately, no issues, but it's been a very short amount of time.
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13 March 2024 | 2 replies
The main issue that I have is that the tenant has 2 more years left on the lease and in order for me to fix all the mess in the basement I would have to remove tenant. all plumbing, electrical and structural is potentially dangerous.How do I manage repairs if tenant doesn't want to move?
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13 March 2024 | 3 replies
@Srini Murthy hopefully it is a non-issue if you pursue this property!
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11 March 2024 | 7 replies
We went above and beyond for them before them moved out fixing things that I dont believe were normal maintenance issues.