Roy Marks
Advice needed to prepare for as-is sale - West Hartford, CT
Hi everyone,
My parents have owned a 3bd/1ba investment property in West Hartford, CT for 20 years. The property has been rented for nearly this entire time.
The house has a good amount of deferred maintenance, is n...
Josh Simpson
Painting Aluminum Siding
Does anyone have any experience painting Aluminum siding? My wife and I made an offer to buy a home but it has light green aluminum siding that looks terrible. We were going to paint it but contractor is recommending ...
Ben Sowers
Secured note vs. equity syndication
Hi all,I'm buying my second 4 unit in Wash Park, Denver with a small group of investors and am hoping to get feedback on two different approaches to structuring it.Approach #1 is to buy the home in my name with a 75% ...
K S.
Full XL vs King?
Anyone renting out similar units but with dissimilar bed sizes who might be able to confirm occupancy rate differences between the two?A Full XL is 50x80 vs a queen which will leave 18" on all sides of the bed if that...
Chris Martin
Rental revenue recognition at end of year...
This IRS topic defines rental income in this way: "Generally, cash or the fair market value of property you receive for the use of real estate or personal property is taxable to you as rental income." The question is ...
DeMario Drummond
Buy and Hold for 2 years... Whats Next?
I backed into REI a little over 2 years ago. i chose the buy and hold method and i have no real complaints so far. Just looking for someone with more experience to give their opinion or tips. I have two single family ...
Michelle Fox
Landlord question regarding cigarette smell in home
We have a new tenant about to move into one of our rental homes. The previous tenant violated the lease and smoked in the basement. The new tenant says she smells smoke throughout the house. We have washed down every ...
Gary B.
Tenant trying to take advantage
Hi Fellows,
i have a new tenant, she works for adult care facility. From day one she is trying to trying to make up things to get free rent by giving empty threats. Following is sequence of events:
1. Tenant moved i...
Daniel Dietz
Using ROTH and Traditional accounts to fund the same property?
Hello All,We have been working on buying a portfolio of properties and are considering owning a couple of them in SDIRA or Solo401K accounts, and have come up with a questions I have not seen (or at least not paid att...
Albert Hoffman
Theft by Swindle, RE Fraud, and Bed Bugs!! Need Advice!!!
Hello BP,I've never dealt with a situation like this before, so I could really use the expertise of the BP community. This is a lot of information and questions for one thread, so I'll try to break it up using bullet...