Mike S
Bought my first 3 family
Our company sold our first SFH rental for about 16k profit and reinvested that into a 3 family of 2 bed/1 baths. Each floor is about 1,000sqft with separate utilities other than water and sewer. Building was fully occ...
Jivonna B.
Detroit Land Bank deed restrictions
Hello, has anyone ever worked with Detroit Land Bank deed restrictions? The owner says that its a 3 year restriction, I've heard of landlords renting them out until the time is over but has anyone worked around a sale?
Alex Sanfilippo
What should be on this single page document for my tenants?
Hello, I am currently working on a single page document that I am intent on laminating and placing within my rented condos (student rental units).The idea is for it to be a "cheat sheet" for the students and it will h...
Jeff Kirk
How to deal with invalid SCRA lease break request?
Hi everyone,Long story short, I have a tenant at one of my properties that notified me that he'd be invoking SCRA and breaking the lease early due to issued orders for demobilization/discharge from active duty Nationa...
Andy Gurczak
Financing for a Duplex in Northwest Indiana
First time posting on BB :) My wife and I currently own two duplexes in Northwest Indiana. We are putting an offer on a REO duplex close by our other two duplexes. I own two businesses and I hired a bookkeeper to work...
Account Closed
Problem using SD IRA
I have been using my IRA for RE investing for over 20 years. I needed to replace a washing machine in one of my rentals. My IRA sent a check as directed to me made out to Lowes. Lowes tried to accept it but it was den...
Todd Carson
Cleveland, Ohio - Property Manager
I am from Oregon, and I purchased a duplex in Euclid, Ohio almost a year ago. The property management company I selected is not working out very well. I am expecting that I will make a change in the very near future...
Katie Sorensen
MICE! Bid seems high...?
We just bought a 4 plex in Akron, OH and it has mice apparently. Our property manager got a bid for $535 for pest control to address the issue. This seems high but I've never had to do this yet so please advise. Thanks!
Jeff V.
Capital Improvements vs Maintenance and Repairs
I'm finishing up a Buy, Fix and Hold deal and about to put the property in service as a rental. This question is for anyone with bookeeping/CPA experience. I'm sure it's a basic task, just one that I've never done a...
Frances L.
Rent Increase Innormal
I moved to new studio from Nov for paying the rent for $600 in Abington PA from Nov on month by month lease. The landlord infoed me on Dec 31 will increase the rent to $650.
The landlord told me he had the studio ren...