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My tenant moved out but left a lot of damage to the property. After they moved out, they texted me saying that they filed for Chapter 13 bankruptcy and that I should contact their lawyer. They gave me the lawyer's pho...
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Since my last post I have been taking action practicing with the rental property calculator to analyze properties. I have also watched both webinars on analyzing properties (they really helped). However, I am still h...
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I am in the process of building my home from scratch. We bought land several years ago and are ready for construction. I have heard that making a trip to China to purchase myriad of products that you would buy here (t...
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Hello everyone. I am researching for this information also on my own. I am starting out in RE Investing and reaching out for some help in looking for about these questions I have. For rental properties in Indiana f...
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My husband and I just closed on a duplex today. I dropped off a letter to the new tenants giving them my contact information, new lease, etc. In my letter I ask them to let me know if there are any repair concerns.L...
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hey guys so I'm thinking about putting in an offer on a duplex in my area but am a little stumped on how much to figure in for capital expenditures. I'm using a 10% of rent number for vacancies and a 5% of rent for ma...
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Sorry if this has been asked before...maybe I'm not using the correct keywords.I am confused about the mortgage interest tax deduction. I understand that it allows the interest on a mortgage loan to be deducted, but h...
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OK here it goes. I found a 3Unit apartment building with a detached two bay garage. https://www.google.com/maps/@39.643275,-77.715504,...Asking Price is 122,900. Rent comes to a total of 1745 (520, 550, 675) Curren...
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Would you buy a triple net with a Pier 1 imports as a tenant with 4 and a half years remaining in the contract? Location is good but my concern is the situation of Pier 1 importa, numbers are dropping so quick that af...
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Hello Everyone! This is my first time posting, hopping to get some clarity. How do you accurately charge for repairs, cleaning, damages and labor for things you do yourself verse highering someone when your tenant mov...