Account Closed
How do i find Investors in my area?
18 July 2019 | 6 replies
Go to Home Depot at 7am & any old guys who are there buying their own supplies would qualify.
Jeff Cunningham
Can Tennents send rent electronically?
29 June 2019 | 2 replies
I personally would not use Zelle or PayPal, I use a property management platform online called Truerent that has these same capabilities.
Bryan T.
Possible for market to have oversupply of rentals?
3 July 2019 | 6 replies
I would say it is possible for a market to have an over supply of rentals if it is in an area of low demand.
Account Closed
$20k saved & 810 Credit Score but I live in LA-what would you do?
1 July 2019 | 19 replies
I think sometimes I feel like such a failure in my day-to-day, it's my own little reminder that I'm capable of accomplishing something by someone's standards, but yeah upon reflection definitely more of a "hey buddy" pat on my own back to remind myself maybe I can get SOMETHING going in this real estate world.
Donald D Michna
Submeter Water Utilities in Milwaukee
17 October 2021 | 7 replies
if the plumbing to the units are separate, why wouldnt you just have the water utility install a separate meter, I have done this, the downside is each meter has a base charge, but the tenant pays the utility anyway, or my property manager does and bills it back to the tenant. all the lumber needs to do is locate the piping to each unit, install a Tee where the water comes in and install 2 sets of meter horns, and then needed lines to each units supply, I installed a set up like this a couple months ago on a duplex, took me about an hour and $100 in parts.
Stevan Radojevic
Does waiving inspection waive right to verify financials?
30 June 2019 | 11 replies
Your attorney or agent should be able to supply you with all that info.
Matthew Gardner
Better Understanding Tax Benefits?
6 July 2019 | 6 replies
You can refinance and do the same thing.Then there is the business side of rental properties, which lets you deduct many business related expenses (home office, supplies, mileage, etc.) and Section 179 vehicle purchase expenses (and other equipment, for that matter) that are not deductible for purely passive investments.If you hold title in an LLC you can distribute out some income as self employment income, on which you will owe self employment taxes.
Kumar Tummalapalli
July 4th deals - Kitchen , Bathroom
1 July 2019 | 14 replies
The cost $981 for cabinets & it rented out immediately for $250/month more.We also go to local contractor supply auctions here where entire kitchens etc are auctioned off.
Jack Yvars
Evaluating a tenant and legal questions to ask
30 June 2019 | 3 replies
Just be aware that pay stubs can be fake (Google 'fake pay stubs' - it's kind of amazing these websites are legal but I digress).I typically call their employer (I look up the employer's phone number VIA Google and don't simply dial the number the potential tenant supplied; once connected I ask to speak with human resources) to confirm they work their for the duration they've stated as well.
Alex Fountain
Asheville Area STVR - Financials
1 July 2019 | 11 replies
When Asheville runs out of supply, which is traditionally only during leaf season in October, demand moves north to Woodfin and Weaverville, then east to BM.