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I bought an office unit few years ago, and every year when we get large rain storm, i have water leaking into this office floor. It coming through the foundations so it is the HOA responsibility, i had to chase them f...
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Hi
I have a single family home rental property in Texas.Their lease is about to expire in 30 days. 14 days after my My tenant gave his 60 day notice, the tenant overfilled the kitchen sink and flooded a portion of t...
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Getting ready to hang drywall on a flip that has been a total restoration. Wanted to get an idea what others or paying to hang and finish drywall on a complete house. I got a quote from a contractor that has done othe...
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I flipped a home in Arizona and wrapped 60K rehab funds in the HM loan. Is this a expense or is it counted as a gain at close? If it is a expanse what IRS publication addresses this item? I count cash in and cash out...
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Hi All,I am looking for a carpenter/handyman in the Chicago area to help replace four of my windows in a rental unit. I have already purchased the replacement windows so i am just looking for labor. Unfortunately the ...
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Hello All, New Member With A Question,I'm hoping to tap the collective wisdom about our situation. We (myself and spouse) are relatively new to landlording, say between 1-2 years (5+ years if you include renting to f...
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Will you allow your tenant to paint the walls of your house?What if your tenant ask you if he can paint the walls of the house and will restore the original color once he decides to move out.What will you tell him?
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Hi, I am moving out of my main residence (single family home) and plan on renting the property out. I have found prospective tenants and doing my screening process (thanks to the advice I have received from the forms)...
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Hello everyone and I appreciate any help/advice upfront. I am trying to help very close friends of mine with a real estate transaction. Below is the following scenario:The house: 1800's Greek revival made into a duple...
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So, as you may have heard - my area got flooded bad last night. One of my tenants (my favorite - a nice old lady) has a "back room" with a laundry machine and a ton of boxes and stuff. The tenant is currently in the h...