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Hello!I am looking to place our first offer shortly on a small single family property <$100,000 in value. My insurance broker mentioned it might be worth getting an umbrella policy of $1MM, which was $307/yr. Is th...
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On a recent turnover the tenant broke her 1 year lease 6 months early, because she found a better deal. She had lived in m y property for 2 1/2 years. I let her go because she was not the easiest tenant. There were cl...
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I use Wisconsin Legal Blank rental Agreement (form 19) and sometimes also use their Nonstandard Rental Provisions (form 984). Are they the best for small Landlords? What's the best way to split up snow removal and lan...
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I'll start with one from personal experience . . . . First investment property I bought has a chain link fence around the yard that looked awful, as most do. Spray painted it black and now it looks exponentially bette...
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As I’m sure many of you are aware of, bonus depreciation began its phase-out this year. Bonus depreciation has been a key element in the tax planning strategies for many businesses which allowed for a large portion of...
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Is it common or recommended to make improvements on a rental property while it’s rented?I was thinking about adding a garage, while I know it has an ROI from the increased value of the property - is it wise to do that...
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My wife and I are starting out our real estate investing journey by getting our current house ready to rent. We have a small 2 bedroom, 1 bath house with a nice yard in a great little town. The house hasn't been renov...
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Here is something that may get some debate going...I am house-hacking a SFH in Tucson, AZ, purchased with a seller-paid downpayment on an FHA loan. My roommate and AirBNB comers-by pay my mortgage for me, so it just l...
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Ok, here goes. We live in a 50 townhome HOA neighborhood in Chattanooga, TN. At the last HOA meeting in May, some owners suggested looking for another landscaper as some owners weren't happy with the current one we ha...
Hey All,
I'm moving in a month and I plan to rent out our current house starting December 1. The price range this house falls in will cashflow pretty well, so my main concern is getting things right from the start.Le...