
5 February 2016 | 4 replies
If the LLC did not own the properties, did not actually spend the money for the expenses or accept rents then you should claim the expenses under your own name.If the money ran through the LLC then the LLC would claim both the income and expenses.If it was some combination of the two then you have a bit of a mess to clean up.
5 February 2016 | 1 reply
:)Just purchased a nice little rental in West Palm Beach, Fl. that will bring in $1000-$1400 a month income.The entire bottom floor is covered in Mexican tile.It would be too costly to rip up the floors and put in wood or tile.Is there anyway to treat, clean, etc. to make this stuff look great?

11 February 2016 | 12 replies
As @Cave Johnson mentioned, an agreed upon cost-plus for extras is viable and oft implemented especially in commercial work.Regarding pointing out problems or work needed... if you're not qualified to be walking the project yourself on a regular basis, hire someone who is (e.g., owner's rep).

7 February 2016 | 15 replies
And 2 days later they text and said while they was cleaning the kitchen counter and turned the garbage disposal switched on she got shock.

14 August 2016 | 11 replies
It is a 3/4 acre lot with utilities ready on site and the site with a little clean up would be ready to build on.

4 April 2016 | 32 replies
As an investor, you have the additional expense of flood insurance on top of regular operating expenses.I wouldn't buy a screaming deal in a flood plain or flood prone area - it's not worth the headaches, worry, and exit strategy is much more difficult.

21 April 2016 | 61 replies
The sloppy ones cleaned up after themselves and so far, no one gave us reason to turn them out and especially, we are not ready yet to do so.Our current issue is that we know just a few trusted professionals.

6 February 2016 | 5 replies
We spent a month cleaning the place up (this including getting the pool cleaned, replacing everything in both bathrooms, redoing the kitchen, painting and generally just making it liveable.

10 February 2016 | 7 replies
There a lot of investors here meeting regularly and discussing, learning from each other.
7 February 2016 | 8 replies
Yes keeping your units clean and updated( particularly kitchens and baths) will help you collect the higher side of your market rates...but realistically these updates should be ongoing and not a prime rent increasing tool.