Josh VanVoorhis
When can I start claiming rental income on my former primary?
Hey there! If turn that my primary home into a full rental and receive $3,000 per month... am I able to claim (75%) of that rental income when the lease is signed? Do I have to wait a set time and/or wait for taxes to...
Kenneth Woodall
How to calculate CPI rental increase California
California's AB 1482 law states that rents can only increase 5% + CPI (up to 10%) per year. The CPI must be calculated from April-April of the previous year.1.) I have a tenant renewing their lease in 2 months, but th...
Michael Linquist
Warning!! Complicated question. Advice needed.
Hello all, this is a very complicated question so I will try to spell it out as clearly as possible with an example. Mary wants to sell her house. The ARV of her house is $300,000. I offer to Straight option Mary's ho...
Jeffrey Townsend
Section 8 leases in place
Hello All,I am looking to purchase a Quadplex and 2 of the leases are currently Month to Month section 8. Is it as simple as giving 30 days notice after I close? I am looking to renovate these and bring up to market...
Jonathan Beasley
In the midst of submetering apartment - need help on lease change
Hey BP Studs and Studettes. I'm pulling the trigger to submeter water and sanitation at an apartment. It is a 6 units, with 3 of the leases up in the next 30days. I have a 4th renter that is very behind in rent, and s...
Andrew Turner
Continued Development in 'Stalling' Markets of ITP Atlanta
We are seeing more planned developments and continued growth in pockets of Atlanta that have experienced a slow-down or stall regarding retail SFRs. Places like West End, Pittsburgh, Decatur and more were of high inte...
Al Williamson
How to Make a Carport Pay for Itself
I came across some tenant survey results suggesting covered parking was a major on-site perk.
I don't have carports at my eightplex and nearly every rental applicant asks to see my parking lot. So - I k...
Ian Hutton
First property Rent increase
Hey everyone! My dad and I are going in on our first deal, but need to play with some numbers to make it work. (In Lansing Michigan btw) This Triplex’s utilities are currently paid for by the owner (approx. $500/month...
Brandon Coble
If You're Actively Investing, What Would You Do?
As we currently sit, interest rates are moving in a favorable direction meaning more and more buyers will begin to enter the market for investment properties. With a large increase in buyers, we can expect to see pric...
Carolyn Chandler
Do I need to draft a new lease to extend one to month-to-month?
Hi folks! I'm in Chicago and am a new landlord. My current tenant is great but her lease is up end of April. She's thinking of moving sometime in the next few months and has asked to convert to a month to month. I'm h...