Paige Roberts
Tenants moving out due to roaches
6 February 2019 | 26 replies
I had the rental professional sprayed before move in.
Sean Rhodes
Property owner will not disclose
27 June 2018 | 8 replies
Best advice is to visit the property, and make sure you get your professionals in there so that you can make a risk based "informed" decision.
Aaron L.
New Investor - Los Angeles (if possible) & Out of State
28 June 2018 | 10 replies
I've not yet done the math to determine which strategy would save me more money, but the big cons of this areNo primary residence, therefore slightly higher interest rates, 20 - 25% down (but depending on the market, this may very well be equivalent to 3.5 - 5% down in LA).Depends on the quality of tenant screening, but it's probably safer to assume that they won't take as great care of the property as I would.Probably need a property manager, professional or tenant.Either strategy seems to net me the same cost around $1,500 monthly, but I'm biased towards Los Angeles as I can rent to friends which solves a lot of the tenant/landlord issues.I'm not looking for anyone to give me all the answers but would appreciate any insight, food for thought, and constructive criticism.
Ari Bachrach
What sort of paperwork do I need to generate for a flip
29 June 2018 | 8 replies
So, taking out money out of LLC has nothing to do with reporting the profit you made on the deal.this might be little confusing so it is best to talk to a qualified professional.
Justin Fenlon
DBA or LLC with a different flair... maybe?
28 June 2018 | 4 replies
If your loans are with a small, local bank I'd suggest talking directly to them.I think an LLC or DBA makes sense from a professional point of view.
Rich Rodman
Do I let my tenant fix an AC unit?
5 July 2018 | 10 replies
You must install it or have it professionally installed.
Louise Letts
RE accountant recommendations?
3 July 2018 | 0 replies
I have money coming in from rent, investments, my regular job, and other side things, so I'd like to work with a professional to help me do everything correctly next year.
Louise Letts
RE accountant recommendations?
3 July 2018 | 1 reply
I previously had my taxes done by a family member's accountant in a different state, but this year I'd like an accountant in Texas.I have money coming in from rent, investments, my regular job, and other side things, so I'd like to work with a professional to help me do everything correctly next year.
Robert Rodriguez
carpet and padding advice needed
7 July 2018 | 9 replies
Do not replace carpet with carpet unless you have no choice.... in the long run, it will cost you more $$ since it will need to be fully replaced every 5-7 years on average and sometimes more often...and require professional cleaning periodically etc etc....LVP is my recommendation..... decent stuff is $3-4/sq ft (you can go cheaper) and will last much longer and hold up better
Kristy McCoy
Landlord needs to break the lease before the tenants move in.
4 July 2018 | 12 replies
Sounds like a professional tenant with lots of experience.