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Hello everyone,I am under contract on the first property that I plan to house hack with renting out to roommates. I am trying to start an LLC and open a business account. Has anyone gone through this process? do you r...
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I purchased a SFH for $30k cash in June. I put $20k in repairs into it. I have a tenant moving in August 1st at $895/mo. It's an 800 ft2 2/1. My property taxes for this year are $3000 but are going do...
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Hello BP! The CDC stated that July 31st was the last extension of the moratorium and many states had already moved in that direction. I personally thought that this was a once an a lifetime event and the end was fina...
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It needs a repipe to replace polybutylene pipes, plus some minor electrical work (install GFIs, and correct a reversed hot & neutral wires in one outlet), and a new AC handler. The rest is cosmetic improvements.
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In my 2 unit rental my lower level tenant wants me to allow her to have a washer & dryer. Originally my stance was no washer due to what I read in The Section 8 Bible. I noticed that in my market a “no washer” pol...
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Greetings Tax Sale Investors:
Yesterday, I received the following question:
"Which States have the most favorable laws for Tax Sale Investors?
The answer to this question is a bit complex because laws vary from s...
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If you get a good lead, but you aren't good on estimating the cost to rehab the property, what is your procedure for figuring out the figure? Right now I've had my contractor quote work out. A few problems, first is t...
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I'm working on buying my first investment property in Oklahoma City (where I also live). We made an offer and it was accepted and right now we are in the inspection period. It turns out that we are dealing with a whol...
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I have a tenant claiming she did not receive the rent increase. For the past couple years we have sent two.I mailed it through regular mail. It's for a rental in California. Non-rent controlled.The rent is automatic...
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What are the requirements to raise rent on a month to month lease? Is it just 30 days notice or is there something more? Does it matter how much the increase is compared to the total rent? How does one take in to acco...