Ryan Collins
Security Cameras For Investment Properties
I'm doing my first partnership flip with my father. He's very adamant about having cameras installed on the property for peace of mind and understandably so. The area the home is in is not terrible but it's not the be...
Clara S.
Steps to buying out a business partner
One year ago I bought a 4plex, my partner did the renovations in exchange for 40%, he did great work. I am 60%, he is 40%. The title is in my name, I put 20% down. We have an LLC, we operate medium term rentals in the...
Vience Mccullough
putting a contract on a foreclosure property
How to put a contract on a foreclosure property with no money down, and sell it to a buyer before you have to close on it.
Jeff Mitchell
Deprecation never taken and can't claim rental losses
Hello,
I am asking this question for a co-worker. He bought a rental property 15 years ago and has never taken depreciation on that property. Not clear on the reason for not taking it, I think he just had a bad accou...
Sara Als.
Developing land for townhomes
Hi everyone, we are analyzing the development and townhome construction on a 2 acres piece of land in the greater Atlanta area. Utilities are available in the road in front of land. Questions I have (and I am in the p...
Scott Mitchell
Pet fees?
My wife and I are new to landlording and would like to know everyone's opinion on pet deposits/fees. We are multiple pet owners ourselves so we want to make our units pet friendly. We have noticed that some people ask...
Bill Mitchell
Buying Vacant House = Can't Quality for Property Insurance?
I was having a discussion with a colleague the other day who is a land lord. There is a vacant property that I was thinking about purchasing to rent out myself. The property has been vacant for over a year.
A...
Andrew Morales
Isn't reducing rent better than a vacancy?
New tenants who have already made a deposit and signed a contract are now asking if we'll be flexible if they lose their jobs in this new COVID-19 environment. My first thought is that they can sell their contract, b...
Brian Ellis
Should I lower the rent?
Ive had about 50 or more inquiries on my rental over the last two weeks. After I pre-screened, Only 5 of them have actually showed up for a showing, and a few filled out the online application that I had to kindly dec...
Armando P.
How Much Personal Information Do I Share with Existing Tenants?
I am closing on a new duplex in a few weeks. The property has 2 existing tenants that recently extended their leases in July. I want to make the purchase transition easy, seamless and not scary for them. I have two in...