2 September 2024 | 9 replies
Sometimes if you are renting the unit and it is not insulated properly, then you hear footsteps and conversations from next-door units, so tenants complain a lot, but there is not much you can do.Also, one time the unit above mine leaked water into my unit, and the HOA said I needed to talk to people living above mine to fix the issue and they didn't have the fund to fix the bathtub from leaking into mine, so I had to pay for the repairs.Sometimes working with HOA and is painful, but other times is easy if the unit does not have problems
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1 September 2024 | 6 replies
Hi All,My wife and I just purchased a larger house on our block, and plan to keep our current home as a rental.
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29 August 2024 | 4 replies
Situation: we bought a new primary residence one block over from our current house, back in June.
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30 August 2024 | 6 replies
It is my understanding that the STR rules in Cleveland are as follows: - Density limits: In residential districts, STRs can't make up more than 15% of the total homes on a block or units in a multi-unit building.
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30 August 2024 | 7 replies
RentVine is the new kid on the block with great potential.
31 August 2024 | 10 replies
I was already considering putting up a wood or vinyl fence to create a decent outdoor space for my tenant but that will only block the sight in the back.
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31 August 2024 | 12 replies
From an income tax perspective, the LLC provides you with absolutely no benefit.Even from a "anonymity" perspective - if that is a Single Member LLC, the K-1 from those syndicates is still required by the IRS to be issued directly to the beneficial owner - you.If you don't make it a single member LLC, say your spouse is also a member, now you have a partnership tax filing - if it holds a number of LLC interests, it is now a partnership filing that is a pain to file to roll all of those activities in and report it on to your personal returns.In short...most likely it is best to keep it simple.
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30 August 2024 | 12 replies
For the money you will pay to invest on the 1600 block of N 27th street, you are better off buying in Germantown/East Mount Airy where the fundamentals are better or spending more to be in a better neighborhood.
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29 August 2024 | 9 replies
All family stays or blocked nights for work projects are not counted at all.
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30 August 2024 | 7 replies
The main issue is that half of the acreage is blocked by a creek which I'd have to build a means to cross.