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I'll try to make this not too crazy complicated. We recently bought an 11 unit complex. The aquired leases were handwritten, one page and very lacking. We have been rehabbing the empty units and significantly raisin...
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So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
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Do you give a down payment to a Contractor before he does work?
I'm having a hard time finding contractors that would do work without a down payment.
I feel like even with a contract, a contractor could just walk ...
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How do you manage snow removal and expectations?By far, this is my biggest headache as a landlord. We’re on our second snow removal company and neither have been great, but it is so hard finding someone who is insured...
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Is everyone else finding that loan officers are completely unresponsive and unprofessional? I own 8 SFRs, and am looking to refinance several of them either to pull out some equity or to lower interest rates. These ar...
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My wife and I are planning to get a second vehicle. We've been able to get by with one to save more money. We're planning to buy our first rental property asap and plan to manage it ourselves, at least to start. I've...
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Hello,I am just starting out with 2-BR SFH in Ohio that I inherited this year. Never owned property before, let alone investment property.I want to rehab the kitchen in my inherited house to a condition that would be ...
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I've got a good long-standing relationship w/ a guy who owns a commercial construction company. He's got a diverse and skilled staff on his payroll, and I know they've got the ability to do any sort of work that mi...