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We have a 26 unit apartment under contract for a syndicated purchase to be closed in mid Nov. One of the long trem tenants (20yrs) is a hoarder. I've been in the apartment and it is full of the usual stuff you see on ...
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Property Management Company collected 10% of the "security deposit" this month. The tenant was evicted non payment of rent/breach of lease agreement. Is that normal? Doesn't sound right to me. It's like they are ta...
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I see both as potentially blinding. Which do you think hampers you most? Any hard-knock lessons learned?
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1) Tax Advantages - Income from Real Estate provides the ability to make money at lower effective tax rates through the use of depreciation and loopholes that a regular employee does not have access to. If I'm workin...
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I'm in the process of purchasing my first home (will be my primary residence for 1 year or 2. Later to become a rental property.) The house was listed as a 2 bedroom 2 bathroom but was disclosed on the MLS listing tha...
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I have a 3 unit property in Southern California. Recently I was informed that the police had come to the property looking for the son of one of the tenants. Naturally the other tenants are very concerned about safety ...
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Hello all, I'm interested in buying rental properties within the US (cash to avoid financing headaches.) As an overseas investor is there anything I should be thinking about? Does anyone know if I'd have to tax? Looki...
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What's the most complex thing you did? I added 3 new 220 volt outlets from the box to the receptacle. It was for 3 electric clothes dryers.
We recently bought a duplex to “house hack” and one side was filled with a year lease ending in October of 2020. My husband’s grandfather is looking to move closer to family due to health issues and asked if he could ...
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I have a tenant who I had to ask to leave after months of failure to pay rent. I made the mistake of being nice. I have learned my lesson and don't really need any help on that aspect going forward.What I do need he...