Becky Watkins
Deck on an Owner-Occupied Multifamily
Last year I redid the stairs on my triplex. It was more than a small repair, so I am capitalizing it. My question is whether I can depreciate the whole thing or just 2/3 of the cost. The entrance to my unit is in the ...
Ed L.
How to Write Off Maintenance expenses on my properties
I'm growing my rental portfolio and I am a little confused about how to handle my taxes.
With Maint expenses do I need to record them as they come in and then deduct from Income for my taxes?????
OR.
Can I put asi...
Ben Stout
Property Managers Seem to Forget Who They're Working For
It's funny, but it seems over time that property managers seem to forget who hired them. It's as if they feel that the tenant is paying them. While maybe they are--albeit indirectly... I've found that some managers...
Shaun Moore
Tenant is Marrying Someone with Special Needs Child and Moving In
I have a tenant in a single family home that has been there for a while. He has notified me that he is getting married next month and his wife has a child with special needs. The child requires a machine to breathe, w...
Tyler Todhunter
CAP rates in rising interest rate environment
Hi all,I am a small investor, currently with (2) 4-plexes and a SFR. I am lining my finances up to be able to purchase something larger, but with yesterdays Fed rate hike, I have a concern with commercial multifamily...
Bienes Raices
Convert gas appliances to electric for rental?
I haven't made an offer yet, but the house has a gas water heater and dryer (don't know about the range). Is it expensive to convert these to electric? (not in terms of getting new appliances, but in terms of adding n...
Michael Key
Can I rant about OPM
In real estate investing "OPM" is thrown around so much like it's just some magical thing. You just wish for it, and it shows up on your lap. It just doesn't magically appear. Yet in everything, it gets tossed around ...
Thaddeus Ramirez
Electric bill is too high
What to do?
Have a tenant after 3 months of perfect rental payments requested that we negotiate a break of the lease because her electric bill came to high. I sent her a application for heat assistance in my area but...
Jim Windgassen
Electric Vehicle Charging - Draft Lease Statement
I want to put a clause in my lease concerning the charging of electric vehicles at my properties which are at present a number of single family homes in Maryland and Florida. I have put together the following draft a...
Chris K.
DSCR loan questions
If someone were looking to do a DSCR loan to purchase investment STR property: What advise can be given from getting a DSCR loan and differences between conventional and DSCR loan?If your potentially property will gro...