What should we expect tax season if we paid off investment property this year, and how can we minimize the tax bill on the income of paid off rentals?
Funny but not so funny occurrence --Im a new landlord and my tenants just moved in today. I got a call that the bathtub wasn't draining. I asked them to use the drano I provided first. They did and said it didn't work...
I took the leap and bought two rental properties (4 units each) over the last year. I have made a lot of mistakes so far, and I know that, and I can't go back and change it - but I'm writing this now because I don't ...
I'm not sure which forum this should go into so I just picked the lending and mortgage advice forum. Hopefully it will be the right one.I need some ideas. I'm running out of ideas, cash and time. I'm not sure where el...
I'm working on a rehab for rental and pulled up the flooring (vinyl floor and carpet) and noted there was a ton of moisture (wet) in the existing wood floor. The house when I bought had been vacant with utilities shu...
Is investing in condos always a bad idea? For example, I have heard of people having lots of problems in condos with 100+ units, and very high HOA fees. But what about a condo in a 12 unit building? Is this still, ge...
Hello BP,
I've noticed my sump pump is getting louder lately. I'm unfamiliar with maintenance on these as I didn't have them where I lived. I've never seen a set up like mine, it has what appears to be a pump then it...
So me and my wife currently have 8 units currently rented, 6 homes and a duplex. The question I have is I was watching Grant Cardone and he was saying to never rent single family homes but to sell homes and rent apart...
This is just a minor vent session but I got my first taste of real world landlord work this past weekend. And not the good kind. Not the "retire by 40 and travel the world" kind but more of the "your tenant will try a...
First, I apologize for the length of this post, but I feel some background is needed.Early this year I purchased a Triplex with 3 occupied units. None were on leases so I got 2 of them signed into a year lease pretty...