Thomas Williamson
Before and after of my first MF project / and liability note
So the pic you see with the trees obscuring the view of the roadway was an interesting story with the city. The trees are on the city's right of way, but they were a major liability for future tenants trying to pu...
Mubasher Riaz
How do you keep youre repair cost low on rental properties?
For your rental properties, any repairs to the house do you charge your tenants? Do you pay for them on your own? Thanks
Kelly G.
Out-of-state landlords: Do you use a PM or manage remotely?
Greetings all;
I have an SFH in Milwaukee, WI and am not terribly happy with my current PM - which I may address in a separate post. L-S-S: he has been incredibly rude to me and has had work (not-urgent) done w/o m...
Francis Rusnak
Cost to touch up a 800sq ft unit?
I just got what seems like an abnormally high estimate of 10k to touch up each unit in a multi-unit complex when renters move out.For background the building is in Columbus, Ohio and each unit is a 3bed approx 850 squ...
Jim Hamrick
Reasonable Number of Maintenance days on Vacation Rental?
The IRS discusses vacation home maintenance days. They use examples where a family performs maintenance on a home for a week and the week is not considered personal use (it is additional to the 14 days of personal us...
Ruchi Patel
Contractors walking away with money
I hired a handyman who probably called himself a contractor running a business under Bentleys LLC in jersey city,Nj. Basically we paid him upfront of 50% of the amount agreed upon to buy materials (kitchen cabinets/ba...
Aaron Bito
Scope of Work ( I have a rough draft, but what more should I consider)
Good Evening All, Thank you to everyone that has provided help and responded to my posts. Right now I am working on a scope of work for my contractors. I know I am not telling them how to do their job in the scope of ...
John Underwood
Same day booking over New Years
I received a booking same day request from the Airbnb platform for my Lake House.Yes I was concerned. It was a 4 day booking.What happened was that the people were in Atlanta on their way to SC from Florida and they r...
Artur A.
Need guidance: Property manager transparency & high expenses on old property (1910)
Hi Everyone,
I'm facing two issues with my rental property and would appreciate your insights:
1)Property Manager Transparency: My property manager doesn't readily share details or invoices for expenses, instead ask...
Marshall Secord
Flipping and saving on taxes with a Solo 401k
Hi BP, I've been flipping houses in Philly for nearly two years and I am coming up on my first year that I need to pay taxes on my gains. I recently met with my CPA to go through some of the best strategies to minimiz...