Ishmael Johnson
Can lenders be used when buying properties within 1031 exchange?
When using the 1031 exchange option, can lenders be used to acquire the potential properties?
Ron Masters
Under contract before escrow closes on 1031 property - any tips ?
To avoid a failed 1031 in his tight market (Los Angeles) I would like to go under contract with a replacement property before escrow closes on my property Im selling. Any clauses in the purchase contract to make it sa...
Christine Swaidan
OTR Microwave damage
Tenants just vacated property. The two year old over the range microwave has damage to the inside of the door--a dime-size indent. While it does not go all the way through it is obvious damage and I will not want the ...
Luanne Dvorak
Insurance
Hello,
I posted this last week and did not get a response but I was wondering if any of you that buy and hold had an insurance company that is pretty reasonble and does replacement cost versus market value in...
Alana Nevares
Euclid, Garfield height
We acquired 4 properties this year, 1 GF heights, 1 Euclid, 1 Univ Heights and 1 Cleveland Heights. Most of them in the 60-80 000 range. Now, Furnaces are very old in most of them. I was just reading a post on CapEx ...
Jonathan Paz
1031 Exchange Question - Using Seller Credit on Replacement Prop
Hello. So I have a question and just wanted to make sure I am in the clear. I am doing a 1031 Exchange where I sold a condo property I owned free and clear for $144,357, whereby I netted $133K that my 1031 exchange ...
Ankan Basak
Tenant buys appliance on his own and..bills me!
Not that I dont want to fix it. But tenant doesnt give me any heads up. Apparently his refrigerator failed, and he went and bought a new one. Now he wants me to foot the bill. I could reimburse with warning that next ...
Alex Wesling
Accounting for Rental Flips
Hey folkswe have been buying houses and doing brrrr and has some questions around taxesWe are spending around 25-30 on each house but was curious if this all falls under capital improvements or do you class it as repa...
Scott J.
Water Heaters
I took a plumbing class recently to be a more informed landlord. The teacher said that water heaters should be replaced at the end of their warranty (often 10 years) and not to wait until there is a problem to replace...
Chad Fernendaz
Has anyone ever taken the struts out of paneled windows?
Hey everyone, is there a way to take out the "struts" on a paneled window, or is the window made up of smaller windows? Like can I successfully take out the metal struts to make the window look better without ruining ...