Ray Hill
Anxiety over rental increase
8 January 2020 | 11 replies
I’m having some anxiety over an issue I’m having with my tenant.
Robbie Bletscher
Property seller wants to avoid reportable income
9 January 2020 | 2 replies
Refinance the property, taking into account the equity from the build, and pay the seller in fullThe property owner wants to have the payments spread out over 2 or even 3 calendar years to reduce their reportable income exposure.
Linda Jolibois
Tenant problem/communication issues
9 January 2020 | 10 replies
They informed me that they will only sign it if I reduce the rent (keep in mind that although the unit is updated I m renting it’s still at least 200 under market rate and for 15 months) .
Maxim Khanin
Obligation to test for mold - no evidence?
25 February 2020 | 17 replies
Washing rugs can greatly reduce the amount of airborne dust."
Abhishek Kumar
Multifamily house hacking in NJ
11 February 2020 | 4 replies
Are you just trying to reduce your living expenses now or do you eventually want to move out and rent both units and buy more properties?
Nick B.
COVID-19 IRA withdrawal
28 April 2020 | 19 replies
Like I mentioned before, my income got reduced because I no longer receive those distributions and the likelihood of the large capital loss has increased dramatically.
Daniel Porter
My biggest fear happened: a break in
15 September 2020 | 18 replies
Don't despair, it's all part of doing business in Detroit, where it's not a question of "if" your property will get broken into, it's a question of "when".So, your goals should be:1) Reduce the potential of a breakin2) Reduce the potential cost of damagesSounds like you're living in the home, or will be shortly.
Greg O'Brien
PPP Forgiven Funds are NOT Deductible
21 May 2020 | 10 replies
It sounds like it's reducing the cost of those expenses from their actual value down to the tax that would be paid on the associated revenue.
Carmela Hunt
Chicago camera installation for 3flat
5 November 2020 | 9 replies
Just having cameras will likely reduce issues even if they are the cheapo models.
Satyam Mistry
Reaching 20+ Single Family Rentals
4 June 2020 | 18 replies
I self manage and target properties in B class areas which reduces my hassles with tenants.My portfolio is currently all SFR because multi family opportunities have not come up as and if they do the numbers make it less attractive than an SFR.