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Hello all,I just purchased a house in Roanoke, VA as my primary residence for the next four years. It is a 3 bed, 1.5 bath and I plan on renting it out after I move. It appears I could add a wall and add a bathroom to...
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Hello all. I have a duplex that recently was renovated and located in a small town, Algood TN. Each unit is 2br 1ba and we had one unit rented at $950/mo on 12 month lease. We are considering strategies to maximize th...
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Hello everyone,I was curious on how you all handle the security deposit when you increase the rent. For example, I have a long-term tenant for 5 yrs when she moved in the rent was 800.00 and the security deposit was 8...
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A lawyer (family member) who works in personal injury once told me that one of the first things a lawyer will do when you come to them with a personal injury case is to look into the kind of insurance/assets the poten...
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I planning to have backyard installed in new construction SFH.
I read this cannot be added to the cost basis of the rental property and be depreciated by 27.5 years since it is not an improvement to the property.
Bu...
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I inherited tenants from my first purchase and their leases will expire in a few months. I've sent them notices of rent increase for when their leases expire and requests to sign into new leases. I'm wondering, if the...
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I own a two family townhouse. The tenants have asked if it is possible to add a washer/dryer in the basement for both units to share. What do you think would be a fare rental increase for the installation and use of...
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I know that interest rates are going up for homes. It's all over the news and other media outlets. However, I was wondering who this affects more. I know that investors have cash, private money and flippers can use ha...
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Question..Today is 8/1/24. My section 8 tenant leases is up 9/1/24. Wasnt planning on raising the rent, but with last minute things now Im deciding to raise the rent. What happens at 9/1/24.. can i still raise the r...
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My cabin has been consistently booking for the weekends since we launched a couple months ago with the average person booking 2 days in advance. The issue is trying to get bookings Monday-Thursday. Any suggestions? Is...