I have a good tenant with a demanding schedule.
He pays on time and keeps place relatively clean.
I respond to all requests immediately and always work with him.
However, he does not follow certain parts in our con...
I have been lending for a few years now, with terms anywhere between 6 and 12 months. I've been approached by someone I've lent to in the past asking for a 5 year term. Great history with this borrower, always pays, n...
Hello fellow investors,
I am renovating a house in Euclid and after the heavy rain some water accumulate in the basement.
I was told by contractor it is common in this area and this is due to house proximity to th...
I am in the process of researching a property which is a new construction home (no HOA) and has had a price drop of 25K from it's original price. Looking to buy the home as a rental property but the biggest issue with...
This is mostly a theoretical question for now, but will most likely become valid in 5 years or so. I own several properties with a neighbor of mine that we operate under an LLC. We file a partnership form 1065, and ...
Hello,
Looking for the best way to approach a "back property taxes" issue with a property. Has anyone had any luck talking to property tax departments and trying to negotiate it down? Giving them the "instead of letti...
Should I keep my cash flow in an account by itself or keep it in the same account that we collect rent money from and just leave the difference in from the mortgage?
I have a house which my tenant says now has a damp basement when rains. Which humidifier is a good one to get? how many pints for a 300 sf basement? do i need a sump pump in addition to it? i never has to deal with th...
Hi there, While finalizing my 2018 taxes, I found an error on my 2017 Schedule E, Depreciation calcs.In 2016, my accountant used the straight line depreciation method for "Appliances". The following year, I used the ...
Hello!I am trying to get this property ready for an FHA inspection. It seems like it's geared toward safety issues. I have a shed that is a foot too close to the property. Will that be a huge problem? Do they look for...