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What part of rental income do lenders consider?
I’m planning on purchasing rental properties in the near future. Once I’ve gained rental income, I would like to finance a Condo and even more rental properties with my income from rentals. However, I’m a bit confused...
Jeromy Boutte
2nd or multiple phone line for my REI business
Recommendations for a good, reliable and low cost 2nd/multiple phone line app or service to incorporate into my REI business.
Angela Kriv
Water Main Break and damage to Apartments
Dear Colleagues! I need your help. I have two condos - second floor, next to each other. Florida, Palm Beach Area. Last week there was a water main break on the street by the condo. Palm Beach Water came in, worked on...
Winston A.
Form 8582 - Passive Activity Losses
Do I have to fill out Part II “Special Allowance for Rental Real Estate Activities with Active Participation” of form 8582 “Passive Activity Loss Limitations”?
I am married, and our combined AGI is $125,000.
We mak...
Joe S.
The taxes and fees are more than the nightly rate on STR
I have never stayed at a short term rental and I have been hearing all about them. So I go on line and look at a number of Short term rentals. I’m a little unsure about how the pricing goes whether the listed price is...
Nikolas Engel
Local electricity provider runs conduit in our property without easement
Hello,I just found out that our local electricity provider runs a cable in our ground behind a commercial building we own without and easement in place. The cable connects two vaults and is part of a bigger electricit...
Dustin B.
Water Meter - Troubles
Hi All, Just wondering if anyone else has ran into this problem or how you would handle it. About 3 weeks ago I purchased a vacant lot on main street in a small rural Utah town. As part of the sellers disclosures they...
Max T.
American Water Resources - in Philadelphia (and other markets?)
This company has recently partnered with the city of Philadelphia. I assume they are in other markets as well. For just under $100 per year they will insure your water service and sewer lines. These can cost $4k and $...
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Senior Housing
Has anyone ventured in the area of senior housing? I've seen a few deals but I noticed the rents are restricted and most of the mortgages are assumable. Has anyone done any of these deals? Anything to look out for?
Mindy Bowden
Insurance for water line
I got an offer from a utility company for one of my rental properties to purchase insurance for the exterior water line service for $4.95/month. Is it worth it or am I better off just saving that money? What is the li...