Aviv Berkovitch
Do I need to get invoice for every new appliances from my PM?
Hi,
My PM told me that in one of my properties we need to replace the dishwasher, does it common to tell him to provide me the purchase invoice for the new dishwasher?
The reasons that I would like to get this invoi...
Christopher Davis
Need to consult with a real estate or general lawyer in Nashville about a situation
I am in an unbelievable mess between myself and an incompetent real estate agent. I'll try to summarize without wiring a novel. I own an investment home in Nashville. It is a dispute of about $2000 based on handyman w...
Mark Forest
Sewer line fix capitalize or expense
Hello, I have asked this question before, but after doing research I must disagree with the original poster. I spent almost $5K to have a plumbing company dig a hole in my yard and put a $6 boot on a cracked sewer li...
Sam Leon
IRS Safe Harbor Rules questions
OK, I have done a bunch of reading and still finds some of the new rules confusing. So I have a few specific questions on these new safe harbor rules.There are some very helpful existing blogs and threads covering th...
David M.
Appfolio Experience as Property Owner?
Hi, all.
I've been managing my own properties for more than a decade using Buildium. I'm now hiring a PM who uses Appfolio for my portfolio, and my family's portfolio. There are about 60 units total between the tw...
Elma Van der Ryst
Fee charged violates Truth In Lending Act?
I have a mortgage broker who I've used on a few deals. In fact, he just performed a refi for me, so he is intimately familiar with my financials. I was starting to shop for a loan for my newest planned acquisition and...
Gabe E.
Plumber errors, possible fraud, misrepresentation?
Seeing if anyone may have run across a similar situation or knows of a next step. I purchased a SF rental property through a wholesaler. Invoices were provided to me showing previous foundation work with warranty. The...
Daniel Kennedy
Dealing with poor work contracted by the Property Manager
Hi all,
After a two year stint with a property manager (PM), we decided to part ways at the conclusion of the tenant's lease. As part of the separation, we agreed that the PM would handle the security deposit and ass...
Matthew Banks
transition to a full-time flipping / BRRRR business
I've done about 10 rehabs of residential property and currently own 5 rentals. We're rehabbing a mid-century modern rental at the moment. I also own a home that I plan to rehab next. We enjoy the projects and the work...
Michael M.
Utilities - General Question
BP,
With the tenant being responsible for paying utilities, how is this to be executed?
1) Have the tenant activate the electricity in their name so they're responsible for receiving & paying the bi...