Hi, I understand rental properties are not earned income so you don’t have to pay self employment tax on them. Has anyone fixed up flips or built new construction and instead of selling immediately, either rent...
Hey all,I've been working with my PM to get a termite control schedule put in place on my MF properties. All of them are between 4 and 8 units. Both she and the realtor on my most recent deal have been pushing the ide...
I have a new tenant who has been a bit of a pest so far. She texted me to tell me the tub is draining slowly and they have tried to plunge it but couldn't fix it and she would like a plumber to be called.
We have a ...
So frustrated! I have a tenant that melted the new countertops, melted inside the FREEZER, burned a hole in the carpet, hole in a door and a wall. Didn't give a 30 day notice and just moved out! She won't get her $500...
Pros and cons of renting to people you know? We have some interest from a few acquaintance/friends about our rental. We’re building a business and this is our first owner occupied duplex. What are some tips to keep th...
Hello all,Thank you in advance for your feedback. I am seeking information on a potential deal I came across. The asset is a Residential home that is leased (absolute Net) to a medical treatment facility. I am famili...
So after spending some quality time to resolve a clogged drain (hair) and replacing some worn parts our tenant's bathroom sink was working perfectly. Draining like a champ. We did not charge the tenant figuring this w...
Hi guys,I'm not sure how many of you guys have gone thru a flea infestation but it's NASTY! One of my renter's lease was ending, 3 years never missed a payment, 3 young adults, one of the people leaving the house had ...
Can someone who has experience with a 1031 exchange give me some details on the rules and process? I've read/heard conflicting information. Here's my specific questions: What is considered taxable income? Example:...
A week or two ago a place popped up on our MLS for $50K that should go retail in the $70-80K range, so I thought I would take a look when I got around to it. On Sunday a friend (also an investor) called me to ask if ...