Sara N.
appliances in the house being abused? who should pay?
We installed a new dryer less than 3 yrs ago in the rental rowhouse. The new tenant who moved in last fall said the lint trap/plastic for it for this dryer just broke and needs to be replaced as it keeps falling out w...
Traci Thomason
Tenant Rent Reduction Request
Have your tenants ever asked for a rent reduction?My tenants (students renting by the bedroom in a 4 Br college town home) are requesting a rent reduction due to repairs taking a long time. Their AC and Fridge have no...
Kate McCarren
Bad Luck with Fridges and Timing
I purchased a new refrigerator with a service contract and warranty before my tenants moved in, but it started having issues in January (freezer icing over, fridge getting warm, ect.). It was not because of anything ...
Mike Olson
First Deal Went Amazingly, Mother Nature Did Not Approve
First deal went great! Purchase price- $54,290Repairs/Expenses- $6,550Appraisal- $109,300Expected rents- $950I won an online auction for the property in January and up to this point everything has went well!Yesterday ...
Jason Aycock
Ways to Cashflow a Property...
What are some low overhead methods to cashflow a parcel of real estate? Please add to this list:
Building/Home Lease (Standard Landlord/Tenant Relationship)
Billboard Leasing
Cell Tower Le...
Matt Faix
Main water shutoff
When turning the water on from the street, the water company requests the main shutoff in the house to be turned off. However we are not able to get there to turn it off, has anyone had any issues (pipes burst, fixtur...
Allen Lopez
Seller is refusing to make repairs 6 days before closing.
So I made an offer on a “for sale by owner” for the asking price if $250k in Baton Rouge, LA. Property was to include the refrigerator. After the inspection, found a few issues that needed to be fixed. 1 was holes on ...
Amit C.
Separate Bank Account for First Rental Activities
I have just selected first Renal property in Memphis and will be closing in 2-3 weeks. I will be opening new personal Saving account and will be adding initial money to that account from my personal checking account. ...
Edita D.
50% bonus depreciation?
Hey guys!
I read in a tax book that for year 2012 there's so called 50% bonus available. Will you be taking advantage of this?
Thank you!
Jene Goshay
Property Security Systems
I looking for some suggestions on security and monitor systems for my rehab projects.Something I can watch from my smartphone that will monitor any break-ins, check(watch) contractors, and video record whos going in a...