I just found out the AC unit needs to be replaced. The unit is 30 years old prior to the tenant being evicted it seem to work good. I got a quote from the ONE HOUR ac contractor and he said it'll cost 6k-8k to replace...
Tenant complain that there might be mold. So, he ordered mold inspection directly without my approval. Now, he wants me to reimburse the inspection cost saying that there is mold.
To me, mold can easily be ...
I have read that the best thing to do when taking over a loan "Subject To", is to immediately inform the lender so that everything is out in the open up front. Three thoughts on this, and I'd like your input:
First,...
Looking for out of state deals due to local market condition in the west, has 5 small SFH units under belt in OH.
What is the consensus for the best way to invest 250k in 2020 from risk reward standpoint?
1. Leverag...
So, I have the disadvantage of living in one of, if not the, hottest real estate markets in the country, here in DFW Texas. There are a lot of pros and cons to it, but I keep running across people who don't even live...
I feel bad. One of my tenants is in her upper 60's, she works for a temp agency and has difficulty paying her bills. She is never late and hasn't missed a payment. She's been living in the building for six years. ...
AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
So I have found a very ugly side to being a landlord in MN I believe. It appears that per the law if a tenant gives a complaint they have just bought themselves 6 months of eviction or non-renewal of lease free time....
Hey everyone,So I am buying my second rental property, and having trouble finding deals that can cashflow at least cashflow 250-300 a month due to the high interest rates I am looking at (SFRS). I wanted to see what ...