Angela Pipitone
1st Rental Property / Insurance Question
Hey all,
I have my 1st property under contract, it will be a rental (it is currently vacant). I'm trying to make a decision between a landlord policy or an umbrella policy and I'm leaning towards landlord policy. My ...
Chris Murdien
Would installing solar panels on rentals be a wise investment?
Question to the apartment owners, management companies, single family portfolio investors and the like.Would installing solar panels on your income producing assets make sense if there was no upfront installation cost...
Jennifer Jones
Landlord trying to withhold entire deposit
We have just moved out of a property we rented for 3 plus years and our landlord is trying to withhold our entire deposit for charges/ damages he's gathering at almost three times the deposit. Hes trying to charge us ...
Account Closed
SFR Deposit Cover Yard and Lawn Care?
On the tenants last day she was cleaning out her stuff and I saw some obvious damage to the hard wood floors. I called my favorite flooring guy and he ended up renting the place! Zero vacancy days and now I have a te...
Michael Megarity
What is the right move here?
Newbie here and I would love some feedback on what you would do in this scenario. Would you Stay-Sell-Rent? We are realizing that this home doesn't fit our lifestyle anymore and we want to pay down debt and start sav...
Rodolfo Calderon
1st real estate investment advice needed
Investment Info:
Other other investment.
Purchase price: $90,000
Cash invested: $34,500
7 acre tract. Asking price 150k settled for 90k being that theyd soon lose property due to taxes used a convent...
Erik Gamboa
whats the best way to manage different properties income and expenses?
Property Managers...How do u manage individual properties expenses and income? do u open an individual bank account for each and every property? (And pay the baning fees) or do u manage all of it out of one bank accou...
Derrek J Hooyman
Advice on switching Realtors due to Homes for Hero Program
I recently found out that there's a Homes for Heros Program that is offered to healthcare workers. I can get like $1500 to $2000 back from realtors for being a nurse. However, I signed a buyers agreement. I was tol...
Dustin Fisher
Duplex Dayton Ohio
A co worker of mine knows I am starting to invest in real estate. He approached me months ago telling me about a duplex he owned in Dayton. I showed so interest, but he was asking to much. He owes 5k in back taxes and...
Costin I.
Capital Expense RESERVES as deductible expense
In a recent post about how to minimize the taxes on rental income it was mentioned that: Setting aside reserves is an expense, so long as they are not excessive. When you draw down the reserve you count it as income b...