Frank McGovern
What items are tax deductible for a wholesaler?
I have just started my wholesaling business and want to know (for next year) what expenses are tax deductible. I know it will vary from state to state. I am asking because I want to keep track of everything during thi...
Kevin Barry
Inspection Items - Old Air Conditioners and Heating Systems
Hey everyone - I've had an offer accepted for a fourplex at $210K (listed at $220K). The inspection was conducted and there were a few minor items that need to be addressed; however, the main concern that I noticed fr...
Bart Bachrach
Foundation issue and missed item on property inspection
I purchased a property which had some foundation settling. At first it looked like it was simply from age but later discovered it was because of an open air drain that the property inspector missed. The water drains r...
Christopher Nguyen
Figuring out the highest value items to rehab?
Outside of fixing something that is broken, or obvious things (like mismatched wall colors), do you have go-to rehabs that provide the most ARV or is that dependent on your local area and what people value? For exampl...
Kyle Mccaw
4 items commonly overlooked during a rental inspection
Smoke detectors – Use actual smoke to test the sensor. By spraying smoke into the alarm, you get a true indication if the alarm works. The “test battery” button only test the battery. The sensor is just as important. ...
Account Closed
Help. Tenant surrendering keys but leaving items behind
Hey all,
First off I am in New York
I have a tenant who broke up with her boyfriend. They both are on the month to month lease . The boyfriend has moved to another state and she is the only remaining tenant in th...
Rick Howell
5 Mortgage Items you cant Afford to Miss
One of the most intimidating aspects of getting a loan is trying to sift between jargon and fact. For something as important as a mortgage there is plenty of misinformation out there. If you talk to five different peo...
Robin Lee
Other ways to remove tenants items in CT
I have a holdover owner that appears to be a hoarder. I think he may still be there when the Marshall comes to tell him he has to leave. Are there other options besides paying for movers to move his items into a 15 da...
Natalie Roger
Realtors - What are items you cannot live without?
What are some of the things you cannot do your job without? Let's hear it!
Ryan Logue
Tenants storing items -- free for good faith? charge?
Excellent rental on a private college campus within a large city. Rent is $3000/mo for a 5 BR house (comp rents away from campus are $1500/mo). This is the type of house where 5 unrelated college students rent the pr...