Norman T Eng
Is it a good buy? Property advice.
There is a property that I'm looking at in GA. It's 6 units. rents are between $650-700. They stated the cap rate is about 7% but I calculated 3%. NOI is about 25% of current monthly revenue. It's also recently b...
Henry Escobar
Lawn maintenance fees on a Rental property ?
Hello BP!I'm in the process of house hacking into another property and making my current primary home a rental. My agent says my 2200 sq ft home can rent for $21 to $2300 monthly.. Now my question is , should I ...
Kyle Meyers
Letters from Indianapolis Water
I was the lucky recipient of 2 letters today from Indianapolis Water informing me 2 of my tenants are behind on their water and sewer bill payments and that Indiana code allows for the sewer bill to be attached to my ...
Radley Estrada
Anyone Have Experience w/ Buzz-In Intercom Systems? Maint. Costs?
Hey Everyone,I purchased a 4-plex apartment that came with an Aiphone GF-1D buzz-in intercom system. The system works well, but, is fairly old.Any members out there have experience with buzz-in intercom systems? Cost...
Rohan Parge
Deduction for travel expenses while working out of state
My residence is in Indiana and I work and have a rental property in Chicago. However, I spent most of my 2019 working out of state in Kentucky and Texas. While working there, I traveled home on the weekend for the sol...
Account Closed
Who would you hire as your property manager?
Who would you hire & why? 1). The 24 year old kid that took a leap of faith and skipped college to pursue his dreams. He’s knowledgeable about about real estate and has 4 years of experience with not only maintain...
Eric Jackson
Seeking Tax Attorney in CA
About to convert my townhouse into a rental when we move out of state. Looking for an investment friendly attorney who can help us figure out the best business structure to limit liability and create a favorable tax s...
Michelle Jerkins
Sober living software
I'm making one of my rental properties into a sober living home. I think I have most of the kinks worked out but I'm looking for software (preferably free or very cheap) to digitalize the payments and bookkeeping from...
John Laliberte
Refinancing A Seller Finance Deal
Hi everyone, thanks in advance for any advice on this one.I am trying to figure out the best way to finance a 4-plex. Here is the issue: The owner we are working with is approaching retirement and we estimate he woul...
Nat C.
Tenants says it's the landlord's responsibility to cut the grass
Tenant living in SFR refuses to cut grass. First she told me it was my responsibility to buy her a lawn mower to cut the grass. I went there today for the first time in months and the grass is knee deep. I'm worried I...