So my partner and I finally get our offer accepted and move to the due diligence phase. We meet the inspector at the property. Get access to first unit, its a 4-plex. We are surprised to find out that the tenant had b...
I'm looking for some advice regarding a tenant issue. I have a 4 plex in Hamilton Ohio that my wife and I have owned since July 2021. Everything had previously been smooth sailing until I received a message Sunday nig...
So I am thinking about selling shares (in the future) of a vacation rental property I intend to buy very soon. I am wondering what the tax implications of this are? I intend to hold it in an LLC in the first place and...
Hi All-I'm relatively new to the game, and I currently own one SFH as my primary residence. I'm preparing to move for work, and I will be purchasing two properties near my new location while renting out my current hou...
I am considering converting one to three long-term rental properties to short term rentals in Lubbock. I am long-distance away and need to put together a team of cleaners, maintenance personnel, handyman, etc. I would...
I spoke with two lenders discussing a potential apartment deal and got conflicting info.A small regional bank said they would need appraisal (obviously) and environmental study paid by me as a part of their underwriti...
Hi everyone,I must say this site is impressive. There's such a vast amount of knowledge and experience here.Anyway, I'd like to introduce myself to the community. I've worked in real estate as an agent and eventually ...
So, I rent out my basement floors to some friends. We have no lease and it was intended to be short term. The term has gotten longer, which we're ok with, but now they have some "needed maintenance". 1) I have yet to...
My wife and I bought our first investment property and on the fence about rent or flip, although we are leaning toward flip. The house is 858 sq ft in a C class neighborhood. What items would we want to upgrade to max...
Repair 2 windows (replace the glass)
Install 4 vertical blinds
Install Smoke Alarms
Replace front/back door locks
Clean inside and outside of the house
Total estimate including labor and materials $1250.00
I want ...